Oil drops on weak sentiment, set for weekly decline
By Shariq Khan NEW YORK (Reuters) – Oil prices fell on Friday, setting up for a second weekly decline, as mixed economic signals weighed on investor sentiment and boosted the…
What are Japan’s tactics based on latest suspected intervention?
TOKYO (Reuters) – Japan is suspected to have intervened in the foreign exchange market to prop up the yen on several occasions this month, underscoring its discomfort over the pain…
In show of support, UK’s Starmer invites Ukraine’s Zelenskiy to attend cabinet
LONDON (Reuters) – British Prime Minister Keir Starmer will host Volodymyr Zelenskiy at a meeting of his top ministers on Friday, a show of support for the Ukrainian leader who…
Oil prices steady as US rate-cut hopes contend with economic slowdown signals
By Laila Kearney NEW YORK (Reuters) -Oil prices steadied on Thursday as investors wrestled with mixed signals about crude demand, with concerns about an economic slowdown in the U.S. contending…
Euro falls after ECB holds rates, dollar climbs after data
By Chuck Mikolajczak NEW YORK (Reuters) -The euro fell on Thursday after the European Central Bank kept rates steady, as was widely expected, while the dollar index climbed after stronger-than-expected…
Oil prices settle slightly lower even as weaker US jobs data firm up rate-cut bets
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),Β Brent…
Oil rises as US rate-cut hopes outweigh economic slowdown signals
By Laila Kearney NEW YORK (Reuters) -Oil prices were roughly flat on Thursday as investors wrestled with mixed signals about crude demand, with concerns about an economic slowdown in the…
Texas tanker bottleneck grows on slow Freeport LNG restart after Beryl
HOUSTON (Reuters) – The number of liquefied natural gas (LNG) tankers waiting to load at Freeport LNG in Texas has increased since the U.S. second largest exporter of the supercooled…
Oil steadies as economic slowdown signals contend with US rate-cut hopes
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…
Fed rate-cut hopes keep gold near record levels
By Rahul Paswan (Reuters) – Gold prices edged higher on Thursday, as expectations of a September interest rate cut from the U.S. Federal Reserve continue to gather momentum. Spot gold…