Goldman reduces Brent oil price range to $70-85
Investing.com — Goldman Sachs in a note dated Monday adjusted its forecast for Brent crude oil prices, lowering the expected trading range to $70-$85 per barrel. This revision marks a…
Oil pauses gains after surging on Libyan outages, Middle East tension
By Colleen Howe and Emily Chow BEIJING (Reuters) -Oil prices paused recent advances to trade in a range on Tuesday, after a surge of more than 7% in the previous…
Dollar slips as traders weigh Middle East risks, US rate cuts
By Rae Wee SINGAPORE (Reuters) -The dollar and yen eased on Tuesday, paring some of their safe-haven gains from the start of the week in the wake of a major…
Oil pauses gains after surging on Libyan outages, Middle East tensions
By Colleen Howe and Emily Chow BEIJING (Reuters) -Oil prices paused their recent advances, receding on Tuesday after surging more than 7% in the previous three sessions on supply concerns…
Gold weakens, but rate cut bets, safe haven demand keep prices above $2,500
Investing.com– Gold prices fell in Asian trade on Tuesday amid some pressure from a rebound in the dollar, although the prospect of lower interest rates and increased safe haven demand…
Asia FX weakens amid China trade jitters; yen rally stalls
Investing.com– Most Asian currencies weakened on Tuesday as new Canadian trade tariffs on China ramped up fears of a trade war, while a rally in the Japanese yen was hampered…
Oil prices pause after surging on Libyan outages, Middle East tensions
By Colleen Howe BEIJING (Reuters) – Oil prices paused their recent advances, receding in Asian trading on Tuesday after surging more than 7% in the previous three sessions on supply…
Oil prices dip with eyes on Libya output, Middle East conflict
Investing.com– Oil prices fell in Asian trade on Tuesday, cooling after a strong rebound in recent sessions with traders seeking more cues on production disruptions in Libya and a wider…
Currencies tread water as Middle East risks temper rate cut optimism
By Rae Wee SINGAPORE (Reuters) – The dollar edged higher on Tuesday and major currencies traded sideways as lingering concerns over tensions in the Middle East partially offset investors’ optimism…
Four arson suspects arrested for setting fires in Brazil farmland
BRASILIA (Reuters) -Four men have been arrested on suspicion of setting fires that have destroyed thousands of hectares of sugarcane plantations in Brazil’s northern Sao Paulo state, the government said…