Gold prices hit 1-mth high after soft CPI data dents dollar
Investing.com– Gold prices rose to a one-month high in Asian trade on Thursday, tracking a drop in the dollar and Treasury yields as mildly softer consumer inflation data spurred bets…
Oil rises as US inventory decline heightens supply concerns
By Siyi Liu SINGAPORE (Reuters) -Oil prices gained for a second session on Thursday, supported by worries over supply amid U.S. sanctions on Russia, a larger-than-forecast fall in U.S. crude…
Trump’s US Treasury pick Bessent says dollar must remain world’s reserve currency
By David Lawder and Lawrence Delevingne WASHINGTON (Reuters) -Scott Bessent, U.S. President-elect Donald Trump’s choice to head the Treasury Department, on Wednesday vowed to ensure that the dollar remains the…
Asia FX: Yen surges on BOJ rate hike bets; won unchanged after BOK hold
Investing.com– Most Asian currencies firmed slightly on Thursday, while the dollar retreated as mildly softer U.S. inflation data fueled expectations of lower interest rates. Among major regional movers, the South…
Marine fuel sales at Singapore bunker hub hit record highs in 2024
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Oil prices extend rally on soft US inflation, concerns of tightening global supply
Investing.com– Oil prices rose in Asian trade on Thursday after hitting multi-month peaks in the previous session, driven by a combination of softer U.S. inflation data, new sanctions on Russian…
Oil rises as US inventory declines heighten supply concerns
(Reuters) – Oil prices rose for a second day on Thursday after a larger-than-expected decline in U.S. crude oil stockpiles added to supply concerns stoked by U.S. sanctions against Russian…
Column-China response key to crude oil after new sanctions on Russia: Russell
By Clyde Russell LAUNCESTON, Australia (Reuters) – “This time it’s different” is a well-worn cliché that seems to be getting another whirl with the latest U.S. sanctions against Russia’s crude…
Dollar ends session weaker as inflation eases; yen firms on BOJ talk
By Laura Matthews NEW YORK (Reuters) -The dollar pared some losses against major peers on Wednesday but stayed weaker as cooler-than-expected data eased fears that inflation was accelerating and increased…
Oil rallies, settles at multi-month high on US crude draw, Russia sanctions
By Nicole Jao (Reuters) -Oil prices rose more than 2% on Wednesday, supported by a large draw in U.S. crude stockpiles and potential supply disruptions caused by new U.S. sanctions…
