New York’s electric grid ready to meet cold snap demand, operator says

(Reuters) – The New York Independent (LON:IOG) System Operator (NYISO) said on Friday that the state’s electric grid is prepared to meet anticipated power demand during a forecasted cold snap…

SLB says its Russia business aligns with new US sanctions as revenue drops

HOUSTON (Reuters) – Oilfield service provider SLB on Friday said its current business in Russia still aligns with new U.S. sanctions on Russia, but that revenue in the country was…

Oil set for fourth straight week of gains as investors assess US sanctions

By Enes Tunagur LONDON (Reuters) -Oil prices moved lower on Friday but remained on course for a fourth consecutive week of gains, as the latest U.S. sanctions on Russian energy…

Red Sea trade route will remain too risky even after Gaza ceasefire deal, industry executives say

By Jonathan Saul and Helen Reid LONDON (Reuters) – Companies transporting their products around the world are not ready to return to the Red Sea trade route in the wake…

EU imports of Russian LNG rise in early 2025: Kpler

Investing.com — The European Union (EU) has seen an increase in its imports of liquefied natural gas (LNG) from Russia in the first two weeks of 2025, according to data…

Go long USD/CNY ahead of Trump’s inauguration – UBS

Investing.com – Donald Trump’s inauguration is right around the corner, and UBS has advised its clients to go long the USD/CNY pair to hedge policy risks before the big day.…

Oil prices on track for winning week; upbeat Chinese data helps

Investing.com– Oil prices slipped lower Friday, but were on course for a fourth consecutive week of gains, driven by relatively upbeat Chinese economic data as well as heightened expectations for…

UBS rises its USD/JPY forecast

UBS revised its inflation forecast for Japan, projecting higher inflation rates in the coming years due to a robust US dollar and increased energy prices. The UBS FX team adjusted…

Analysis-Markets are betting China will let yuan fall as Trump takes power, but not much

SINGAPORE (Reuters) – Financial markets are betting China will not use the yuan as a policy tool to offset expected U.S. tariffs in a second Donald Trump presidency, based on…

XAU/USD: Elliott Wave Analysis and Forecast for 17.01.25 – 24.01.25

Risk Warning: Trading on financial markets carries risks. Contracts for Difference (‘CFDs’) are complex financial products that are traded on margin. Trading CFDs carries a high level of risk since…