Asia FX flat amid US-China trade jitters; yen steady amid intervention chatter
Investing.com– Most Asian currencies tread water on Thursday amid concerns over stricter U.S. trade restrictions on China, while the Japanese yen steadied after strengthening sharply this week on suspected intervention. …
Gold shines on rising Fed rate-cut outlook
By Ashitha Shivaprasad (Reuters) – Gold prices edged higher on Thursday, trading not too far away from a record high scaled in the previous session, as rising anticipation of a…
Oil prices rise on bigger-than-expected draw in US inventories
Investing.com– Oil prices rose in Asian trade, extending a recent rebound as a bigger-than-expected draw in U.S. inventories ramped up bets on tighter supplies and improving demand in the world’s…
Japanese yen surges, USDJPY tumbles amid suspected intervention
Investing.com– The Japanese yen firmed sharply against the dollar on Wednesday and Thursday, with the USDJPY pair dropping to an over one-month low amid speculation that the government had intervened…
Oil prices rise on bigger-than-expected drop in US crude stocks
(Reuters) – Oil prices ticked higher on Thursday, buoyed by a bigger-than-expected weekly decline in U.S. crude stocks. Brent futures rose 13 cents, or 0.2%, to $85.21 a barrel by…
Yen surges on possible intervention, sterling hits one-year high
By Chuck Mikolajczak NEW YORK (Reuters) -The yen rose sharply on Wednesday in a move that was suspected to be the result of another intervention from Japanese officials to buttress…
Oil prices settle higher as large US inventory draw points to improving demand
Investing.com– Oil prices rose Wednesday, rebounded from recent lows as signs of tighter U.S. supplies helped soothe some fears over worsening demand in the rest of the globe. At 09:25…
Oil prices gain 2% on big US storage withdrawal, weaker US dollar
By Scott DiSavino NEW YORK (Reuters) -Oil prices climbed about 2% on Wednesday on a bigger-than-expected weekly drop in U.S. crude stockpiles and as a weaker U.S. dollar overshadowed signs…
Nigeria’s president asks lawmakers to approve extra $4 billion in spending
ABUJA (Reuters) – Nigeria’s President Bola Tinubu has asked the Senate for an extra 6.2 trillion naira ($4 billion) in funding to plug shortfalls in this year’s national budget, according…
Visa’s Bold Move into BNPL
Visa’s strategic leap into the Buy Now, Pay Later arena represents a pivotal moment in the world of consumer finance, reshaping how people access and manage their money. By launching…
