Yen hits 2-1/2-month high vs dollar, but off highs after US data
By Gertrude Chavez-Dreyfuss and Harry Robertson NEW YORK/LONDON (Reuters) -The Japanese yen rallied for a fourth straight session against the dollar on Thursday, hitting a 2-1/2-month high, as investors unwound…
Oil slips on gloomy Chinese demand outlook
By Noah Browning (Reuters) -Oil prices slipped on Thursday as lacklustre Chinese consumption signalled weaker demand from the world’s biggest crude importer, outweighing support from Wednesday’s data showing large draws…
US dollar pares losses after economic data
NEW YORK (Reuters) – The U.S. dollar trimmed losses on Thursday after data showed the the world’s largest economy expanded faster than expected and inflation slowed in the second quarter.…
Huge wildfire burns down part of western Canadian town, rain forecast
(Reuters) – A raging wildfire has burned down part of the western Canadian tourist town of Jasper and firefighters were working on Thursday to save as many buildings as possible,…
Oil prices dip as demand jitters persist; US GDP impresses
Investing.com– Oil prices fell sharply Thursday as concerns about demand growth grew, overshadowing healthy U.S. growth data. At 08:40 ET (12:40 GMT), Brent oil futures expiring in September fell 1.1% to…
Oil down $1 as muted Chinese consumption outweighs inventory draws
By Noah Browning (Reuters) -Oil prices fell on Thursday as demand signals from lacklustre Chinese consumption outweighed the previous day’s data showing large draws on U.S. inventories. Brent crude futures…
Morning Bid: Growth angst or air pocket? Stocks nurse losses
A look at the day ahead in U.S. and global markets from Mike Dolan The worst day for the S&P500 since 2022 and mounting central bank easing bets suggest markets’…
Exclusive-Declining Mexican crude output could shatter energy independence dream
By Stefanie Eschenbacher MEXICO CITY (Reuters) – Mexico’s incoming President Claudia Sheinbaum will likely face a new challenge fulfilling the dream of energy independence that led her predecessor to spend…
Pound Rebounds from Bottom. Forecast as of 25.07.2024
The British pound’s advantages are still in place, but the recent correction in US stock indices and the Trump trade has triggered a pullback in the GBPUSD pair. It is…
Dollar slips ahead of GDP data; euro rises and yen surges
Investing.com – The U.S. dollar slipped lower Thursday, the euro posted small gains while the Japanese yen climbed to multi-month highs ahead of next week’s Bank of Japan meeting. At…
