Oil edges higher on upbeat US economic data
By Nicole Jao (Reuters) -Oil prices edged up on Thursday after strong U.S. economic data stoked expectations for higher crude demand, but the gains were limited by concerns about lower…
Citi sees potential for USD/JPY tactical longs amid strong US GDP data
Citi highlighted the Japanese yen’s major support level against the US dollar, noting that the USDJPY pair had maintained its position above the 152 mark. This level was previously identified…
A Trump presidency to pose mostly bearish risks for oil, Citi says
(Reuters) – A Donald Trump presidency could be net bearish for oil prices due to a combination of factors including tariffs and oil-friendly policies, and pushing the Organization of the…
Oil edges up on upbeat US economic data
By Nicole Jao (Reuters) -Oil prices edged up on Thursday after strong U.S. economic data stoked expectations for higher crude demand, but the gains were limited by concerns about lower…
UN demands action on extreme heat as world registers warmest day
By Gloria Dickie LONDON (Reuters) – U.N. Secretary General Antonio Guterres called on Thursday for countries to address the urgency of the extreme heat epidemic, fueled by climate change –…
Huge wildfire burns down part of western Canadian town; rain in forecast
By David Ljunggren (Reuters) -A raging wildfire has burned down part of the western Canadian tourist town of Jasper and firefighters were working on Thursday to save as many buildings…
Yen hits 2-1/2-month high vs dollar, but off highs after US data
By Gertrude Chavez-Dreyfuss and Harry Robertson NEW YORK/LONDON (Reuters) -The Japanese yen rallied for a fourth straight session against the dollar on Thursday, hitting a 2-1/2-month high, as investors unwound…
Oil slips on gloomy Chinese demand outlook
By Noah Browning (Reuters) -Oil prices slipped on Thursday as lacklustre Chinese consumption signalled weaker demand from the world’s biggest crude importer, outweighing support from Wednesday’s data showing large draws…
US dollar pares losses after economic data
NEW YORK (Reuters) – The U.S. dollar trimmed losses on Thursday after data showed the the world’s largest economy expanded faster than expected and inflation slowed in the second quarter.…
Huge wildfire burns down part of western Canadian town, rain forecast
(Reuters) – A raging wildfire has burned down part of the western Canadian tourist town of Jasper and firefighters were working on Thursday to save as many buildings as possible,…
