Oil shipping rates surge after US sanctions tighten global fleet
By Florence Tan and Siyi Liu SINGAPORE (Reuters) – Supertanker freight rates jumped after the U.S. expanded sanctions on Russian oil trade and sent traders rushing to book ships to…
Column-China torments and titillates seaborne coal market: Russell
By Clyde Russell LAUNCESTON, Australia (Reuters) – China imported a record amount of coal in 2024, driving world imports of the fuel to an all-time high. So why are coal…
Gold prices edge higher amid speculation over rates, Trump tariffs
Investing.com– Gold prices rose slightly in Asian trade on Tuesday, steadying from overnight losses as traders speculated over just how severe President-elect Donald Trump’s planned trade tariffs will be. Markets…
Oil prices remain near 4-month highs as Russia sanctions weighed
By Colleen Howe and Trixie Yap (Reuters) -Oil prices eased on Tuesday but remained near four-month highs as the impact of fresh U.S. sanctions on Russian oil remained the market’s…
Japanese yen subdued despite BOJ deputy governor’s rate hike hint
Investing.com– The Japanese yen exhibited minimal movement on Tuesday, despite Bank of Japan (BOJ) Deputy Governor Ryozo Himino indicating a potential interest rate hike in the upcoming policy meeting. Himino…
Asia FX muted as dollar stays near 2-yr peak amid rates, tariffs speculation
Investing.com– Most Asian currencies kept to a tight range on Tuesday, remaining under pressure from a strong dollar amid heightened speculation over the path of U.S. interest rates and President-elect…
Oil prices retreat from 4-mth high; traders weigh impact of Russian sanctions
Investing.com– Oil prices fell slightly in Asian trade on Tuesday, pulling back from a four-month high triggered by new U.S. sanctions on Russian oil exports and worries over supply disruptions.…
Oil prices remain near four-month highs as markets weigh Russia sanctions impact
By Colleen Howe BEIJING (Reuters) – Oil prices slipped at market open on Tuesday but remained near four-month highs as Chinese and Indian buyers sought new suppliers in the wake…
Dollar stays strong as doubts about Fed rate cuts grow
By Laura Matthews NEW YORK (Reuters) -The dollar rose on Monday, driving its peers to multi-year lows, after Friday’s blowout U.S. jobs report underscored economic strength and fueled growing doubts…
Gold prices slump on Fed rate jitters
Investing.com — Gold prices fell Monday as traders braced for a slower pace of US interest rate cuts following stronger-than-expected nonfarm payrolls data, which supported the dollar. At 08:50 ET…
