Dollar scales six month peak as US inflation comes in focus
By Medha Singh and Brigid Riley (Reuters) -The U.S. dollar scaled a fresh 6-1/2-month peak against other major currencies on Wednesday and the Japanese yen fell to its lowest level…
Biden officials ask EU to align methane rules with US to ease LNG flows, letter says
By Valerie Volcovici BAKU, Azerbaijan (Reuters) – President Joe Bidenβs administration has asked the European Union to ensure liquefied natural gas shipments that meet U.S. methane regulations automatically comply with…
What are they saying at the COP29 climate summit?
BAKU (Reuters) – World leaders are speaking at the U.N. climate summit in Baku on Wednesday.Β Here are the latest comments: IRAN VICE PRESIDENT SHINA ANSARI (via translator) “We hope…
Dollar, bitcoin slow momentum as markets eye US inflation
By Brigid Riley TOKYO (Reuters) -The U.S. dollar held below a 6-1/2-month peak against major peers and bitcoin edged further off record highs on Wednesday as markets hit pause on…
Oil pares losses on tight supply but cloudy demand caps gains
By Colleen Howe BEIJING (Reuters) – Oil prices edged up on Wednesday on signs of near-term supply tightness but remained near their lowest in two weeks a day after OPEC…
Gold prices rise as Trump trade cools ahead of inflation data
Investing.com– Gold prices rose in Asian trade on Wednesday, recouping a measure of recent losses as a rally in the dollar, on a Donald Trump election win, paused before inflation…
Asia FX muted, dollar steadies near 4-mth high with CPI data in focus
Investing.com– Most Asian currencies moved little on Wednesday, while the dollar steadied near recent peaks as focus turned squarely to upcoming U.S. inflation data for more cues on interest rates.…
Oil trims losses on tight near-term supply
By Colleen Howe BEIJING (Reuters) – Oil prices edged up on Wednesday on signs of near-term supply tightness but remained near their lowest in two weeks a day after OPEC…
How China reduced its reliance on US farm imports, softening trade war risks
By Mei Mei Chu BEIJING (Reuters) – Since the U.S. and China imposed tit-for-tat tariffs in their trade war during Donald Trump’s first presidential term, Beijing has taken steps to…
Oil prices pinned at 2-week low after OPEC cuts demand outlook
Investing.com– Oil prices moved little in Asian trade on Wednesday, hovering around two-week lows after the OPEC cut its demand outlook again, while focus remained on more stimulus measures in…
