South Korean won, ETFs tumble after govt declares martial law

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The South Korean won dropped to a more than two-year low against the U.S. dollar on Tuesday, while exchange traded funds linked to South…

South Korean won tumbles to two-year low vs dollar after govt declares martial law

NEW YORK (Reuters) – The South Korean won dropped to a more than two-year low against the U.S. dollar on Tuesday after South Korean President Yoon Suk Yeol declared martial…

Oil prices rise ahead of OPEC+ meeting

By Robert Harvey LONDON (Reuters) -Oil prices rose more than 1.5% on Tuesday as investors await an OPEC+ meeting expected to rubber stamp continued output cuts while a fragile ceasefire…

Biden pushes out over $100 billion in clean energy grants as term winds down

By Valerie Volcovici WASHINGTON (Reuters) – U.S. President Joe Biden’s administration has awarded over $100 billion in grants created by its signature climate law, the Inflation Reduction Act, a senior…

NATO to boost efforts to counter Russian, Chinese sabotage acts

BRUSSELS (Reuters) – NATO will step up intelligence sharing and improve the protection of critical infrastructure in the face of “hostile” acts of sabotage against allies by Russia and China,…

USD investor flows turned negative last week, BofA says

Investing.com — Investor flows for the US dollar turned negative last week, reflecting shifts in market sentiment and positioning, according to Bank of America. Despite support from corporate demand, the USD…

Euro tiptoes higher, France turmoil keeps investors on edge

By Amanda Cooper LONDON (Reuters) -The euro edged up on Tuesday, regaining some poise after political turmoil in France sent traders scrambling for hedging protection against further price swings, while…

USD strength does not necessarily make dollar a buy, UBS says

Investing.com — The US dollar has surged to two-year highs following the recent US presidential election, reversing from its prior lows just two months ago. While the current strength of…

Morning Bid: Wall St at records as Paris simmers, yuan hits 2024 low

A look at the day ahead in U.S. and global markets from Mike Dolan Wall Street stocks are grinding out new records as U.S. growth continues to outperform, interest rate…

China bans export of key minerals to U.S. as trade frictions escalate

By Amy Lv and Tony Munroe (Reuters) -China has banned exports to the U.S. of items related to the minerals gallium, germanium and antimony that have potential military applications, its…