Instant view- Japanese yen jumps after US data; traders still wary of intervention
(Reuters) – The Japanese yen jumpedon Thursday, in a move traders said was most likely the result of dollar selling after a weak reading of U.S. consumer inflation, rather than…
Japanese yen surges, traders use soft inflation to punish dollar
LONDON (Reuters) -The Japanese yen jumped by the most since late 2022 on Thursday, in a move traders said was most likely the result of dollar selling after a weak…
Oil edges up as US inflation data raises rate cut hopes
By Robert Harvey and Arunima Kumar LONDON (Reuters) -Oil prices rose on Thursday with the Brent benchmark holding above $85 a barrel, as hopes rose for rate cuts in the…
Oil prices rise as cooling US inflation points to rate cuts, hits dollar
Investing.com– Oil prices edged higher Thursday, extending recent gains on signs of cooling U.S. inflation as well as a fall in U.S. inventories.ย At 09:10 ET (13:10 GMT), Brent Oil…
Japanese yen jumps after US data; traders still wary of intervention
LONDON (Reuters) – The Japanese yen jumped on Thursday, in a move traders said was most likely the result of dollar selling after a weak reading of U.S. consumer inflation,…
Damage from Hurricane Beryl may cost insurers $2.7 billion in US, KCC says
(Reuters) – Insurers in the United States may take a hit of about $2.7 billion from damage caused by Hurricane Beryl, catastrophe modeling company Karen Clark & Co (KCC) said…
Over 1.3 million in Texas remain without power after Beryl
By Liz Hampton (Reuters) – More than 1.3 million homes and businesses in Texas remained without power on Thursday, four days after Hurricane Beryl lashed the state with fierce winds…
Trading houses lure top talent from BP, Shell
By Dmitry Zhdannikov and Julia Payne LONDON (Reuters) – Several high-profile energy traders have in recent weeks quit oil majors for trading houses, multiple sources told Reuters on Thursday, as…
Oil steadies as investors weigh mixed demand signals
By Arathy Somasekhar (Reuters) -Oil prices gained on Thursday as crude stocks fell after U.S. refineries ramped up processing and as gasoline inventories eased, signalling stronger demand. Brent futures rose…
Analysis-Chile copper miner Codelco struggles to lift output off 25-year low hit in 2023
By Fabian Cambero SANTIAGO (Reuters) – Copper output at Chile state mining giant Codelco is still slumping after hitting a 25-year low last year, squeezing an already tight global market…
