Dollar stays strong as doubts about Fed rate cuts grow
By Laura Matthews NEW YORK (Reuters) -The dollar rose on Monday, driving its peers to multi-year lows, after Friday’s blowout U.S. jobs report underscored economic strength and fueled growing doubts…
Gold prices slump on Fed rate jitters
Investing.com — Gold prices fell Monday as traders braced for a slower pace of US interest rate cuts following stronger-than-expected nonfarm payrolls data, which supported the dollar. At 08:50 ET…
Natural gas futures retreat amid reports of reduced feedgas flows to Texas
Investing.com — Natural gas futures have drawn back from their overnight peak following reports of decreased feedgas flows to Freeport LNG in Texas. This month’s rally, bolstered by LNG exports…
JPY unlikely to survive a CPI surprise-driven USD rally, BofA says
Investing.com — The yen has stood firm against recent dollar strength as the sell off in markets sparked bids into the safe-haven currency, but should U.S. inflation data later this…
USD retains dominance in global liquidity, Macquarie Capital warns of risks
Macquarie Capital strategists have asserted the enduring dominance of the US dollar (USD) as the principal currency in global liquidity, highlighting the absence of a viable alternative. Despite the rising…
Oil prices climb 2% to 4-month high with sanctions expected to disrupt Russian supplies
By Scott DiSavino NEW YORK (Reuters) – Oil prices climbed about 2% to a four-month high on Monday on expectations that wider U.S. sanctions on Russian oil would force buyers…
BofA sees policy as key risk to oil price forecasts
Bank of America (BofA) analysts have highlighted recent developments in the energy sector, noting that unexpected U.S. sanctions on Russian energy and cold winter weather have pushed Brent crude prices…
Macquarie projects US crude stock build, sees product surge
On Monday, Macquarie strategists projected an increase in US crude inventories and a significant build in product stocks for the week ending January 10. Analysts at Macquarie estimate that US…
US crude and distillate inventories likely fell last week, gasoline seen up: Reuters Poll
(Reuters) – U.S. crude oil and distillate stockpiles are expected to have fallen last week and gasoline inventories to have risen, a preliminary Reuters poll showed on Monday. Three analysts…
Greenland to set terms of defence and mining ties with US, says PM
COPENHAGEN (Reuters) -Greenland Prime Minister Mute Egede said on Monday the country is looking to strengthen its defence and mining ties with the United States, albeit on its own terms,…
