Japan planning $87 billion extra budget to fund stimulus package, paper says
TOKYO (Reuters) – The Japanese government is making arrangements to compile a supplementary budget of about 13.5 trillion yen ($87 billion) to fund a stimulus package to help low-income households…
Why is the euro falling and could it hit $1?
LONDON (Reuters) -The euro has fallen to one-year lows, reviving talk the currency could hit the $1 mark. Donald Trump’s U.S. election win raises the prospect of a hike in…
Oil rebounds slightly on short-covering as strong dollar caps gains
By Nicole Jao NEW YORK (Reuters) -Oil prices rebounded on Wednesday, settling higher on short-covering a day after they fell near a two-week low on OPEC’s reduced demand forecast, but…
Oil futures dips on mixed API report as weekly gasoline stocks climb
Investing.com — U.S. crude oil futures were slightly lower in post-settlement trading Wednesday after the American Petroleum Institute reported an unexpected fall in weekly domestic inventories, though gasoline supplies ticked…
Trump pick Rubio could harden oil sanctions on Iran, Venezuela
By Timothy Gardner and Vivian Sequera WASHINGTON/CARACAS (Reuters) – President-elect Donald Trump’s pick of U.S. Senator Marco Rubio for secretary of state could signal stricter enforcement of oil sanctions on…
Zenfinex Partners with Your Bourse to Enhance Liquidity Services for Brokers
London-based brokerage firm Zenfinex collaborated with Your Bourse, a technology provider offering risk management services. This collaboration aims to enhance trading services by integrating better technology. The company will reportedly…
Gold prices slides to fourth-straight loss as dollar rebounds
Investing.com– Gold prices gave up gains Wednesday, suffering a fourth-straight loss as the dollar rebounded from session lows despite in-line US inflation data supporting bets for a December Federal Reserve rate…
Dollar hits one-year high on Trump trades
By Chibuike Oguh NEW YORK (Reuters) – The U.S. dollar advanced near a seven-month high against major currencies on Wednesday after data showed U.S. inflation for October increased in line…
Democratic governors create group to resist Trump policies
By Stephanie Kelly and Brad Brooks (Reuters) – The governors of Illinois and Colorado on Wednesday said they will co-chair a coalition of mostly Democratic-led states to fight back against…
Oil settles up on short-covering but strong dollar caps price gains
By Nicole Jao NEW YORK (Reuters) -Oil rebounded on Wednesday on short-covering after prices fell near a two-week low in the prior session on OPEC’s demand forecast cut, while the…
