Goldman Sachs: Brent oil prices “at our summer peak”
Investing.com — Brent crude prices have touched their “summer peak” of $86 per barrel, according to projections from analysts at Goldman Sachs. In a note to clients, the analysts noted…
Aussie dollar jumps on inflation spike, while yen stays under pressure
By Harry Robertson and Tom Westbrook LONDON/SINGAPORE (Reuters) -The Australian dollar rallied after a surprise jump in inflation on Wednesday raised the prospect of another rate hike, while the U.S.…
Dollar rises on hawkish Fed talk; key inflation data looms
Investing.com – The U.S. dollar rose Wednesday, boosted by hawkish comments from Fed officials, while slipping consumer confidence weighed on the euro. At 03:35 ET (08:35 GMT), the Dollar Index,…
Oil steadies on inventory drawdown outlook, Middle East risks
By Alex Lawler LONDON (Reuters) -Oil steadied on Wednesday close to the highest level in almost two months, driven by forecasts of an eventual inventory drawdown during the third quarter…
Sterling’s importance to global currency markets
LONDON (Reuters) – Sterling has faced its share of trials and tribulations in recent decades but remains a widely used currency, and, this year it has held up better against…
Politics and the pound: how the UK election could make or break sterling’s run
By Naomi Rovnick, Alun John and Dhara Ranasinghe LONDON (Reuters) – Britain’s pound has bounced ahead of an expected landslide election win for the opposition Labour Party but the currency’s…
France may be next test of the euro’s foundations
By Francesco Canepa and Leigh Thomas FRANKFURT/PARIS (Reuters) – “Because it’s France” was how Jean-Claude Juncker, European Commission president at the time, explained Brussels’ decision in 2016 to give leeway…
Analysis-Politics and the pound: how the UK election could make or break sterling’s run
By Naomi Rovnick, Alun John and Dhara Ranasinghe LONDON (Reuters) – Britain’s pound has bounced ahead of an expected landslide election win for the opposition Labour Party but the currency’s…
Oil ticks up on inventory drawdown outlook, Middle East risks
By Trixie Yap SINGAPORE (Reuters) -Oil prices inched up during Asian trade on Wednesday despite a surprise jump in U.S. stockpiles, driven by geopolitical risks from the Middle East conflict…
Factbox-Sterling’s importance to global currency markets
LONDON (Reuters) – Sterling has faced its share of trials and tribulations in recent decades but remains a widely used currency, and, this year, it has held up better against…
