BOJ shift gives yen a shake and causes reassessment of popular FX trade
By Alun John and Tom Westbrook LONDON/SINGAPORE (Reuters) -The Bank of Japan’s move to raise interest rates to their highest in 15 years has jolted the yen to its strongest…
Shell Q2 profit slides to $6.3 billion on weaker trading, refining
By Ron Bousso LONDON (Reuters) -Shell reported a 19% quarter-on-quarter drop in profit to $6.3 billion on Thursday reflecting weaker refining margins and oil and gas trading, though still beat…
OPEC+ likely to stick to output policy at meeting, sources say
LONDON (Reuters) – OPEC+ key ministers meet on Thursday to decide output policy with sources expecting it is unlikely to make any changes to its current deal to cut production…
Soft dollar keeps yen aloft as Fed hints at September rate cut
By Ankur Banerjee SINGAPORE (Reuters) -The U.S. dollar was on the back foot on Thursday after the Federal Reserve opened the door for an interest rate cut in September, helping…
Gold prices keep record highs in sight as Fed talks rate cuts
Investing.com– Gold prices steadied in Asian trade on Thursday after surging close to record highs in the prior session after the Federal Reserve flagged the possibility of an interest rate…
Asia FX firms on rate cut bets, yen at 5-mth high on hawkish BOJ
Investing.com– Most Asian currencies strengthened on Thursday as the dollar dropped after the Federal Reserve signaled that an interest rate cut was close, while the Japanese yen hit a five-month…
Oil prices extend gains on Israel-Hamas fears, OPEC+ awaited
Investing.com– Oil prices rose in Asian trade on Thursday, extending a sharp rebound from the prior session as the killing of Hamas’ leader in Iran kept fears of a bigger…
Venezuela’s Gonzalez should be recognized as election winner, says top US diplomat
(Reuters) – U.S. Assistant Secretary of State For Western Hemisphere Affairs Brian Nichols on Wednesday urged Venezuela’s President Nicolas Maduro and foreign governments to acknowledge Edmundo Gonzalez as the winner…
Oil rises on risk of broadening Middle East conflict
By Shariq Khan (Reuters) – Oil prices rose in early Asian trading on Thursday, extending strong gains in the previous session after the killing of a Hamas leader in Iran…
Dollar falls as Fed signals likely September rate cut
By Karen Brettell NEW YORK (Reuters) – The dollar added to losses on Wednesday after the Federal Reserve held interest rates steady but opened the door to reducing borrowing costs…
