Oil prices steady on profit-taking ahead of US job data
By Paul Carsten LONDON (Reuters) -Oil prices were broadly steady on Thursday as investors took profits from earlier gains fuelled by larger than expected declines in U.S. crude stocks. Brent…
Dollar shoos yen away from six-week high; euro eyes ECB
By Tom Westbrook and Amanda Cooper SINGAPORE/LONDON (Reuters) -The Japanese yen grazed six-week highs before retreating against the dollar on Thursday, keeping traders alert to any signs of official buying,…
Gold clings to record high on growing US rate-cut bets
By Sherin Elizabeth Varghese (Reuters) – Gold prices firmed on Thursday, hovering near a record peak hit in the previous session as traders ramped up bets of a start to…
Pound Becomes Top Performer. Forecast as of 18.07.2024
The narrowing divergence in economic growth, government stability, and the difference in the pace of monetary expansion by the Fed and the Bank of England have allowed the GBPUSD pair…
Analysis-Exxon clash with Chevron hinges on change of control of Hess’ Guyana asset, sources say
By Sabrina Valle HOUSTON (Reuters) – Exxon Mobil (NYSE:XOM)’s legal bid to stop Chevron (NYSE:CVX)’s proposed $53 billion acquisition of Hess (NYSE:HES) rests on whether the transaction would involve a…
Morning Bid: TSMC steadies the chips, ECB and Netflix eyed
A look at the day ahead in U.S. and global markets from Mike Dolan Another impressive earnings beat from Taiwan’s chipmaking giant TSMC may help calm this week’s tech stock…
Golden rule: Why younger investors are drawn to gold
By Chris Taylor NEW YORK (Reuters) – What asset class do millennials and Gen Z investors both want to own? Here is an answer you may not have guessed: Gold.…
Price of China’s strategic germanium hits record high on possible state buying
BEIJING/SINGAPORE (Reuters) – Prices of germanium, a strategic metal key to chipmaking, hit a record high on Wednesday in top producer China, driven by speculation of possible state buying, industry…
Dollar edges higher; euro, sterling weaker ahead of ECB meeting
Investing.com – The U.S. dollar edged higher Thursday, while the euro slipped ahead of an ECB meeting and sterling dipped as U.K. wage growth slowed. At 04:00 ET (09:00 GMT),…
Yen rises amid intervention nerves; euro eyes ECB
By Tom Westbrook SINGAPORE (Reuters) -Japan’s yen scaled a six-week high on Thursday, spurring speculation of an official push, while traders waited on a European Central Bank meeting to direct…
