Mexico peso drops nearly 3%, Sheinbaum landslide raises reform worry
By Karin Strohecker and Rodrigo Campos LONDON/NEW YORK (Reuters) -Mexican stocks fell over 6% on Monday and the peso closed at its weakest to the dollar since November after the…
No need to reduce aviation growth to hit net zero, IATA head says
DUBAI (Reuters) – The head of the global airline body IATA said there was no need to reduce growth in global aviation in order to meet an industry target to…
Gold sees little love from rate cut expectations; Copper struggles
Investing.com– Gold prices fell in Asian trade on Monday, as a rush into risk-driven assets, on the back of increased rate cut expectations, largely left out the yellow metal, even…
OPEC+ extends deep oil production cuts into 2025
By Ahmad Ghaddar, Alex Lawler and Maha El Dahan LONDON/DUBAI (Reuters) -OPEC+ agreed on Sunday to extend most of its deep oil output cuts well into 2025 as the group…
Asia FX steady as dollar drops amid rate cut speculation; Indian rupee surges
Investing.com– Most Asian currencies steadied on Monday, recouping some recent losses against the dollar after in-line inflation data pushed up expectations for interest rate cuts and sparked steep declines in…
Oil prices rise after OPEC+ extends production cuts; Gaza ceasefire in focus
Investing.com — Oil prices settled sharply lower Monday, as OPEC and its allies’ decision to extend output cuts into 2025, but also phase out the cuts later beginning later this…
Russia eases forex sales requirements for contracts in roubles
MOSCOW (Reuters) – The Russian government has softened requirements for mandatory sales of foreign currency for exporters if more than half of the value of their contracts is paid in…
Dollar set for first monthly drop after US inflation readout
By Hannah Lang NEW YORK (Reuters) -The dollar was lower on Friday and on track for its first monthly decline in 2024 after data showed U.S. inflation rose in line…
