Euro lower after ECB stands pat, dollar climbs after data

By Chuck Mikolajczak NEW YORK (Reuters) -The euro was lower on Thursday after the European Central Bank (ECB) held rates steady as was widely expected, while the dollar index advanced…

Oil steadies on US rate cut hopes and falling inventories

By Paul Carsten and Alex Lawler LONDON (Reuters) -Oil was broadly steady on Thursday, finding support from continuing expectations of a looming cut in U.S. interest rates after the release…

Climate groups split over whether Biden should ‘pass the torch’

By Valerie Volcovici WASHINGTON (Reuters) – Green groups are split over whether President Joe Biden should step aside for another Democrat in the U.S. election, with some concerned his weakening…

Oil prices retreat after diappointing US jobs data

Investing.com– Oil prices fell slightly Thursday, as disappointing U.S. jobs data prompted profit-taking after the previous session’s gain on a bigger-than-expected draw in U.S. inventories. At 08:50 ET (12:50 GMT), Brent…

Euro holds firm after ECB leaves options open for Sept cut

LONDON (Reuters) – The euro held steady on Thursday, as did euro zone government bond yields after the European Central Bank left interest rates unchanged, and did not signal a…

Oil prices steady on profit-taking ahead of US job data

By Paul Carsten LONDON (Reuters) -Oil prices were broadly steady on Thursday as investors took profits from earlier gains fuelled by larger than expected declines in U.S. crude stocks. Brent…

Dollar shoos yen away from six-week high; euro eyes ECB

By Tom Westbrook and Amanda Cooper SINGAPORE/LONDON (Reuters) -The Japanese yen grazed six-week highs before retreating against the dollar on Thursday, keeping traders alert to any signs of official buying,…

Gold clings to record high on growing US rate-cut bets

By Sherin Elizabeth Varghese (Reuters) – Gold prices firmed on Thursday, hovering near a record peak hit in the previous session as traders ramped up bets of a start to…

Analysis-Exxon clash with Chevron hinges on change of control of Hess’ Guyana asset, sources say

By Sabrina Valle HOUSTON (Reuters) – Exxon Mobil (NYSE:XOM)’s legal bid to stop Chevron (NYSE:CVX)’s proposed $53 billion acquisition of Hess (NYSE:HES) rests on whether the transaction would involve a…

Morning Bid: TSMC steadies the chips, ECB and Netflix eyed

A look at the day ahead in U.S. and global markets from Mike Dolan Another impressive earnings beat from Taiwan’s chipmaking giant TSMC may help calm this week’s tech stock…