BofA opens long USD/KRW trade amid tensions
Bank of America (BofA) released a report expressing concerns over the sustainability of the Korean Won’s recent performance, predicting that the currency is likely to face challenges in the coming…
Oil prices held down by Trump tariff uncertainty
By Paul Carsten LONDON (Reuters) -Oil prices were little changed on Thursday, maintaining the previous session’s losses on uncertainty over how U.S. President Donald Trump’s proposed tariffs and energy policies…
Dollar edges higher; Trump’s speech at Davos in spotlight
Investing.com – The US dollar lifted slightly Thursday, but remained in a tight trading range ahead of a speech by President Donald Trump at the World Economic Forum. At 04:15…
PBoC adjusts policy amid rising USD demand
The People’s Bank of China (PBoC) responded to increasing demand for the US dollar by adjusting its cross-border macroprudential parameter. The central bank’s decision to raise the parameter from 1.50…
Gold prices steady near 3-mth high on weak dollar, safe-haven demand
Investing.com – Gold prices were largely muted on Thursday but held near three-month highs, as the U.S. dollar faced downward pressure after President Donald Trump avoided swift imposition of tariffs…
Bloomberg philanthropy to cover U.S. climate dues after Paris withdrawal
By Valerie Volcovici WASHINGTON (Reuters) – Former New York Mayor Michael Bloomberg’s philanthropy and other U.S. funders said on Thursday they will cover U.S. financial obligations to the UN climate…
Asia FX extends losing streak on Trump tariff fears; BoJ rate decision in focus
Investing.com – Most Asian currencies edged lower on Thursday, extending their subdued performance amid concerns over new U.S. tariffs under Donald Trump’s administration, while attention shifted to the Bank of…
Oil prices dip with Trump policies, US inventories in focus
Investing.com– Oil prices fell slightly in Asian trade on Thursday, extending a recent downturn as traders braced for higher U.S. production under President Donald Trump while also awaiting more data…
Oil prices extend losses on uncertainty over Trump tariff impact
SINGAPORE (Reuters) – Oil prices dipped in early trade on Thursday, extending losses amid uncertainty over how proposed tariffs by U.S. President Donald Trump on several countries would impact global…
Only Indonesia can help nickel recover from price bust: Andy Home
By Andy Home LONDON (Reuters) -Nickel ended 2024 trading at four-year lows, a spectacular reversal of fortune for a metal that soared so high in 2022 it almost broke the…
