Oil prices steady amid falling US inventories, China concerns
By Arunima Kumar BENGALURU (Reuters) -Oil prices were steady on Wednesday, a day after benchmark Brent hit a one-month low, as a decline in U.S. oil stockpiles helped offset signs…
Cooling prices chill drive to add wheat acres in US Corn Belt
By Julie Ingwersen CHICAGO (Reuters) – A Biden administration drive to increase U.S. wheat plantings after the Ukraine war is faltering as wheat prices hover around four-year lows and exportable…
Gulf state UAE considers a second nuclear power plant
(Fixes bullet point) By Alexander Cornwell ABU DHABI (Reuters) -The United Arab Emirates is considering building a second nuclear power plant to meet growing demand for electricity in the oil-rich…
Morning Bid: Small caps soar in catch-up rotation, Trump jars Taiwan
A look at the day ahead in U.S. and global markets from Mike Dolan The dramatic switch to U.S. small cap stocks over the past week went into overdrive on…
Dollar slips, while yen soars on intervention talk, sterling gains after UK CPI
Investing.com – The U.S. dollar slipped to multi-month lows Wednesday, while the Japanese yen strengthened sharply and sterling climbed to a one-year high after hotter-than-expected UK inflation data. At 05:40…
Yen jumps on suspected intervention, sterling hits one-year high
By Rae Wee and Dhara Ranasinghe SINGAPORE (Reuters) -The yen rose sharply on Wednesday in what traders suspected was likely the result of yet another intervention from Japanese authorities to…
Japan’s Kanda says officials need to respond if speculators cause excessive FX moves, Kyodo reports
By Satoshi Sugiyama TOKYO (Reuters) – Japan’s top currency diplomat Masato Kanda said on Wednesday he would have to respond if speculators cause excessive moves in the currency market and…
Oil prices edge up on US inventories but China caps gains
By Arunima Kumar BENGALURU (Reuters) -Oil prices inched up on Wednesday, a day after benchmark Brent hit a one-month low, as a decline in U.S. oil stockpiles helped offset signs…
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…
