Trump’s Taiwan talk rattles chip stocks, gold shines as rate cuts beckon
By Tom Westbrook and Naomi Rovnick SINGAPORE, LONDON (Reuters) -Gold hit a record and bonds rallied on Wednesday, while chip stocks tumbled after U.S. presidential candidate Donald Trump sounded lukewarm…
Yen rises suddenly; sterling hits one-year high
By Rae Wee SINGAPORE (Reuters) -The yen rose broadly on Wednesday though traders and analysts were unsure of what was behind the move, while sterling scaled a one-year top after…
Ukrainians with windows shattered by war get cheaper, safer refits
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Oil prices ease on slowing China demand, falling US inventories cap losses
By Emily Chow SINGAPORE (Reuters) -Oil prices eased on Wednesday, with global benchmark Brent hovering near a one-month low hit in the prior session on signs of weakening demand in…
Sterling bounces after UK inflation data, dollar wobbles
By Rae Wee SINGAPORE (Reuters) -The yen rose broadly on Wednesday though traders and analysts were unsure of what was behind the move, while sterling scaled a one-year top after…
Gold shines as rate cuts beckon, Trump talk hits Taiwan stocks
By Tom Westbrook SINGAPORE (Reuters) -Gold hit a record and bonds rallied on Wednesday as markets prepared for global interest rates to fall, while stocks in Taiwan slipped after U.S.…
Asia FX edges higher as rate cut bets dent dollar; TWD, CNY lag
Asia FX edges higher as rate cut bets dent dollar; TWD, CNY lag AuthorAmbar WarrickCurrencies Published Jul 17, 2024 12:34AM ET © Reuters USD/JPY +0.02% Add to/Remove from…
Oil prices steady as declining US inventories offset slowing China demand
By Shariq Khan NEW YORK (Reuters) – Oil prices were steady in early Asian trade on Wednesday, with global benchmark Brent hovering near the one-month low it hit in the…
Analysis – China’s gold buying break seen as fleeting given its long-term needs
By Polina Devitt and Kevin Yao LONDON/BEIJING (Reuters) – China still has plenty of appetite for official gold purchases despite pausing in May and June, as its bullion holdings remain…
Oil prices steady as US inventory draw soothes demand fears
Investing.com– Oil prices steadied in Asian trade on Wednesday, as signs of tighter U.S. supplies helped soothe some fears over worsening demand in the rest of the globe. Crude markets…
