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,…
Oil jumps on expected hit to China and India’s Russian supplies
By Florence Tan SINGAPORE (Reuters) -Oil prices extended gains for a third session on Monday, with Brent rising above $80 a barrel to its highest in more than four months,…
Rising dollar pressures peers as further Fed cuts questioned
By Rae Wee SINGAPORE (Reuters) -The dollar charged higher on Monday and drove its peers to multi-year lows after a blowout U.S. jobs report underscored the strength of the world’s…
Dollar retains strength ahead of CPI release; sterling weakens again
Investing.com – The US dollar rose Monday, remaining at elevated levels after the stronger-than-expected US payrolls data, while sterling continued to struggle for friends. At 04:35 ET (09:35 GMT), the…
China flags more policy measures to bolster yuan
SHANGHAI/HONG KONG (Reuters) -China announced more tools to support its weak currency on Monday, unveiling plans to park more dollars in Hong Kong to bolster the yuan and to improve…
Surging dollar pressures peers as further Fed cuts in question
By Rae Wee SINGAPORE (Reuters) -The dollar charged higher on Monday and drove its peers to multi-year lows after a blowout U.S. jobs report underscored the strength of the world’s…
Lithium prices to stabilise in 2025 as mine closures, China EV sales ease glut, analysts say
SHANGHAI (Reuters) – Lithium prices are expected to stabilise in 2025 after two years of steep declines as shuttered mines and robust electric vehicle sales in China soak up an…
Oil jumps as new US sanctions to curb Russian supply to China, India
By Florence Tan SINGAPORE (Reuters) -Oil prices extended gains for a third session on Monday, with Brent rising above $81 a barrel to its highest in more than four months,…
Gold prices muted as payrolls data fuels rate jitters
Investing.com– Gold prices fell in Asian trade on Monday as traders braced for a slower pace of U.S. interest rate cuts following stronger-than-expected nonfarm payrolls data, which supported the dollar. …
