US dollar dips as Fed’s Powell’s dovish comments offset upbeat jobs data
By Gertrude Chavez-Dreyfuss and Stefano Rebaudo NEW YORK/MILAN (Reuters) -The dollar slipped on Tuesday in choppy trading after Federal Chair Jerome Powell struck a slightly dovish tone in his comments,…
South African rand extends losses, focus on unity government’s reforms
JOHANNESBURG (Reuters) -The South African rand extended losses on Tuesday after a turbulent start to the week as markets waited to see how the new government of national unity (GNU)…
Oil prices climb to two-month highs; summer demand hopes rise
Investing.com– Oil prices rose Tuesday, climbing to two-month highs, as traders bet on increased demand during the Independence Day holiday and potential supply risks from geopolitics and weather-related disruptions. At…
US Treasury yields boost dollar, Powell speech in focus
By Amanda Cooper and Stefano Rebaudo (Reuters) -Rising U.S. yields supported the dollar on Tuesday, with low-yielding currencies such as Japan’s yen and China’s yuan feeling the pressure as investors…
Oil rises to two-month high on summer demand outlook and supply fears
By Arunima Kumar BENGALURU (Reuters) -Oil prices were little changed on Tuesday, trading near two-month highs reached in the previous session on expectations of rising demand during the summer driving…
Morning Bid: Growth ebbs, curves steepen, Powell in Portugal
A look at the day ahead in U.S. and global markets from Mike Dolan Further signs of a cooling U.S. economy greet the second half of 2024, with politics dominating…
Turkey, US in talks on nuclear plant projects, Turkish official says
By Can Sezer ISTANBUL (Reuters) – Turkey is holding talks with the United States on the construction of large-scale nuclear power plants and small modular reactors (SMR), senior Turkish Energy…
Oil holds near two-month high on summer demand outlook and supply fears
By Arunima Kumar BENGALURU (Reuters) -Oil prices were little changed on Tuesday, trading near two-month highs reached in the previous session on expectations of rising demand during the summer driving…
Dollar edges higher on Trump expectations; euro slips ahead of inflation data
Investing.com – The U.S. dollar edged higher in early European trade Tuesday, recovering after recent losses, while the euro dipped ahead of key inflation data. At 04:30 ET (08:30 GMT),…
South African rand extends losses on concerns over unity government obstacles
JOHANNESBURG (Reuters) – The South African rand extended losses early on Tuesday on concerns over future challenges for the government of national unity (GNU) and after trading turbulently on Monday…
