Oil climbs more than 2% as Middle East tensions rise again
By Nicole Jao NEW YORK (Reuters) -Oil prices rose more than 2% on Wednesday, rebounding from seven-week lows, as the killing of a Hamas leader in Iran ratcheted up tensions…
US farm agency to provide discrimination payments to 43,000 farmers
By Leah Douglas (Reuters) – The U.S. Department of Agriculture on Wednesday said it has issued $2 billion of financial assistance to more than 43,000 farmers, ranchers, and forest landowners…
Gold on track for monthly gain on Mideast fears, Fed rate-cut hopes
By Sherin Elizabeth Varghese (Reuters) – Gold prices firmed on Wednesday following the killing of a Hamas leader in Iran, on track for a monthly gain driven by optimism about…
Yen jumps as BOJ hikes rates, dollar dips before Fed
By Karen Brettell NEW YORK (Reuters) – The Japanese yen hit a four-month high against the dollar on Wednesday after the Bank of Japan raised rates to the highest since…
Column-Asian FX at crossroads as yen, yuan diverge: McGeever
By Jamie McGeever ORLANDO, Florida (Reuters) – Japanese and Chinese monetary policy is diverging, meaning other Asian currencies may now also be at a crossroads. Do currencies, such as the…
Oil prices surge on elevated Middle East tensions, US inventories
Investing.com– Oil prices rose sharply Wednesday as raised tensions in the Middle East increased the potential for a major disruptions to supplies from this key oil-producing region. At 08:25 ET…
Safe-haven gold heads for monthly gain on Mideast worries, Fed
By Sherin Elizabeth Varghese (Reuters) – Gold prices firmed on Wednesday following the killing of Hamas leader in Iran, with the metal heading for a monthly gain driven by optimism…
Oil rises as Mideast tensions overshadow China data concerns
By Florence Tan and Arunima Kumar BENGALURU (Reuters) -Oil futures rebounded more than $1 a barrel from 7-week lows on Wednesday after the killing of a Hamas leader in Iran…
Subdued demand to keep oil prices steady despite geopolitical risks: Reuters poll
By Anushree Ashish Mukherjee and Kavya Balaraman (Reuters) – Analysts are holding their oil price forecasts largely steady for the second half of 2024, as geopolitical risks offset muted demand…
Yen leaps after BOJ decision, month-end keeps currency markets nervy
By Rae Wee and Sruthi Shankar SINGAPORE (Reuters) -The yen hit its strongest in over four months on Wednesday, as Bank of Japan (BOJ) Governor Kazuo Ueda flagged the possibility…