Morning Bid: Parsing Biden TV flop, France poll, PCE time
A look at the day ahead in U.S. and global markets from Mike Dolan If TV debates decided elections, world markets seem remarkably calm about the prospect of a Donald…
Oil up ahead of US inflation data, set for third weekly gain
By Arunima Kumar BENGALURU (Reuters) -Oil prices rose on Friday and were on course for a third straight weekly jump buoyed by growing expectations that the U.S. Federal Reserve will…
Dollar strengthens ahead of PCE data; euro weighed by political uncertainty
Investing.com – The U.S. dollar edged higher in early European trade Friday, on course for its second straight quarterly gain, the euro slipped and the Japanese yen remained on intervention…
Saudi Arabia may cut oil prices for Asia for second month in August
By Florence Tan SINGAPORE (Reuters) – Top oil exporter Saudi Arabia may cut prices for crude grades it sells to Asia for a second month in August, tracking weakness in…
Japan names new FX diplomat as yen hits 38-year low
By Makiko Yamazaki and Satoshi Sugiyama TOKYO (Reuters) -Japan appointed a new top foreign exchange diplomat on Friday as the yen plumbed a 38-year low against the dollar, heightening expectations…
Oil rises on rate cut hopes, higher margins; poised for third weekly gain
By Trixie Yap (Reuters) -Oil prices rose in Asian trade on Friday and were poised for a third straight weekly jump, buoyed by growing expectations that the U.S. central bank…
Gold prices steady around $2,300 with inflation data in focus
Investing.com– Gold prices fell slightly in Asian trade on Friday, staying largely rangebound as traders remained biased towards the dollar ahead of key inflation data that is likely to factor…
Oil rises on positive economic outlooks; poised for third weekly gain
By Shariq Khan and Trixie Yap (Reuters) -Oil prices rose in Asian trade on Friday and were poised for a third straight weekly jump, buoyed by growing expectations that the…
Asia FX muted as dollar firms before PCE data; yen on intervention watch
Investing.com– Most Asian currencies kept to a tight range on Friday as the dollar stuck to near two-month highs before key inflation data that is likely to factor into the…
Oil prices rise, set for strong June amid geopolitical risks
Investing.com– Oil prices rose in Asian trade on Friday and were headed for strong gains in June as fears of supply disruptions in Russia and the Middle East largely offset…
