Russia faces higher costs on sea-borne oil exports due to new US sanctions
By Vladimir Soldatkin MOSCOW (Reuters) – Sweeping U.S. sanctions on Russia’s oil industry will make it more expensive for Moscow to sell its oil and complicate sea-borne crude exports due…
Gold prices lower on rate jitters; copper muted after Chinese trade data
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Oil prices soar after fresh US sanctions on Russian exports
Investing.com– Oil prices soared Monday, building on last week’s rally as markets reacted to the potential for significant supply disruptions following the United States’ imposition of stringent sanctions on Russian…
Sterling extends slide as dollar rallies, gilt yields rise
By Samuel Indyk LONDON (Reuters) -The British pound extended its recent drop against the dollar and the euro on Monday driven by investor concerns about Britain’s fiscal sustainability as gilt…
Rising dollar pressures peers as further Fed rate cuts questioned
By Samuel Indyk and Rae Wee LONDON (Reuters) -The U.S. dollar rose on Monday, driving its peers to multi-year lows, after Friday’s blowout U.S. jobs report underscored the strength of…
Factbox-Trump’s likely first moves on US energy policy
(Reuters) – President-elect Donald Trump has promised to maximize U.S. oil and natural gas production – already at record highs – in part by clearing away what he deems as…
British pound slides amidst rising gilt yields and fiscal concerns
Investing.com — The British pound continued its recent decline against the dollar and the euro on Monday, driven by rising investor worries about the fiscal sustainability of Britain as gilt…
Sterling at 14-month low as gilt yields rise again
By Samuel Indyk LONDON (Reuters) – The British pound extended its recent drop against the dollar and the euro on Monday driven by investor concerns about Britain’s fiscal sustainability as…
Russian rouble slips as oil price and forex action limit sanctions impact
MOSCOW (Reuters) – The Russian rouble eased against the U.S. dollar and China’s yuan on Monday as rising oil prices and increased forex sales by the state cushioned the impact…
China boosts support for yuan, increases overseas borrowing limits
Investing.com — In a bid to bolster its weakening currency, China has unveiled plans to store more dollars in Hong Kong and improve capital flows. The measures, announced on Monday,…
