US oil futures in slight boost after API shows larger decline in crude stocks
Investing.com — U.S. crude oil futures received a slight boost in post-settlement trading Tuesday after the American Petroleum Institute reported a larger-than-expected decline in weekly domestic crude stocks. Crude Oil…
US dollar retreats, sterling hits more than two-year high
By Alun John and Gertrude Chavez-Dreyfuss LONDON/NEW YORK (Reuters) -Sterling climbed to its highest against the U.S. dollar in more than two years on Tuesday, while the greenback slipped broadly…
Oil prices settle lower to snap three-session win streak; fresh inventory data due
Investing.com– Oil prices fell Tuesday, cooling after a strong rebound in recent sessions with traders seeking more cues on production disruptions in Libya and a wider war in the Middle…
Venezuela’s Maduro shakes up cabinet after contested election
CARACAS (Reuters) -Venezuela’s President Nicolas Maduro on Tuesday made major changes to his cabinet, including leadership of the oil and finance ministries and state oil company PDVSA, after a contested…
Venezuela’s Maduro makes major cabinet changes after contested election
CARACAS (Reuters) -Venezuela’s President Nicolas Maduro on Tuesday made major changes to his cabinet, including leadership of the oil and finance ministries and state oil company PDVSA, after a contested…
US has ‘significant concerns’ about proposed popular election of Mexican judges, embassy says
MEXICO CITY (Reuters) – The United States has “significant concerns” about issues which could spring up as a result of the popular election of judges in Mexico, the U.S. embassy…
Mexico freezes relations with US, Canadian embassies after judicial reform criticism
By Ana Isabel Martinez and Kylie Madry MEXICO CITY (Reuters) -The Mexican government has paused its relationship with the U.S. and Canadian embassies in the country, President Andres Manuel Lopez…
UBS sees EUR/CHF slipping amid rate cuts
UBS has revised its forecast for the EUR/CHF currency pair, anticipating a slight decline to 0.93 in the second half of 2024. The global economy’s soft landing has been favorable…
UBS sees GBP/CHF range-bound amid central bank moves
UBS’ latest commentary on the GBP/CHF currency pair indicates expectations for range trading in the near term, with its analysis highlighting the contrasting monetary policies of the Swiss National Bank…
UBS sees stable EUR/GBP with slight GBP advantage
UBS, on Tuesday, noted a stable outlook on the EUR/GBP rate with a slight downward bias for the pair, attributing the stability to similar monetary policy cycles between the Bank…
