Gold prices steady but head for worst week since 2021 as rate cut bets recede
Investing.com– Gold prices steadied in Asian trade on Friday, but were nursing their worst weekly performance in over three years as strong U.S. inflation and less dovish signals from the…
Asia FX fragile; dollar set for stellar week on rate uncertainty, Trump trade
Investing.com– Most Asian currencies moved little on Friday and were nursing losses for the week, while the dollar steadied at a one-year peak and was set for a strong week…
Oil dips on oversupply concerns, heads for weekly loss
By Nicole Jao (Reuters) – Oil prices edged down early on Friday as oversupply concerns and demand worries stemming from a stronger dollar outweighed a steep draw in U.S. fuel…
Oil prices dip after US inventory build, IEA warning; weekly losses on tap
Investing.com– Oil prices fell slightly in Asian trade on Friday after data showed a bigger-than-expected build in U.S. inventories, with prices set for a weekly loss amid growing concerns over…
Australia eyes US climate policy shift for green energy boost
By Kirsty Needham SYDNEY (Reuters) – Any move by the Trump administration to change U.S. climate policy could benefit Australia’s ambitions to attract greater investment to its critical minerals and…
US Treasury finds no currency manipulation by major trading partners
By David Lawder WASHINGTON (Reuters) -No major U.S. trading partner manipulated its currency in the year to June 30, the Treasury Department said on Thursday in the Biden administration’s final…
Gold prices fall on dollar strength as Powell signals cautious rate-cut approach
Investing.com — Gold prices drifted lower Thursday, falling near to a two-month low, hit chiefly by a stronger dollar after the release of the latest US inflation data. At 10:45…
Dollar retains strength against peers on Trump trade
By Kevin Buckland and Alun John TOKYO/LONDON (Reuters) -The U.S. dollar continued its relentless march higher on Thursday, trading at a one-year high against major peers and headed for a…
Oil settles slightly higher, investors focus on steep draw in fuel stocks
By Arathy Somasekhar HOUSTON (Reuters) -Oil prices closed slightly higher in choppy trading on Thursday, as a steep draw in U.S. fuel stocks outweighed oversupply concerns and demand worries stemming…
Oil dips on bigger-than-expected US crude stockbuild, oversupply concerns
By Arathy Somasekhar HOUSTON (Reuters) – Oil prices ticked up on Thursday, helped by unexpected large draws in U.S. fuel stocks, recouping some of the sharp declines seen earlier this…
