Japan touts G20 reaffirmation of forex commitments as key achievement
By Makiko Yamazaki RIO DE JANEIRO (Reuters) -Japan sees the reaffirmation in the latest G20 joint communique of existing commitments against excessive foreign exchange volatility as one of the major…
Yellen says Japan explained 2022 FX intervention, Nikkei reports
TOKYO (Reuters) – U.S. Treasury Secretary Janet Yellen said Japan had explained its intervention into the currency market in 2022, the Nikkei Business daily reported on Saturday. “The Japanese government…
Dollar treads water after tame US inflation report, yen rally stalls
By Alden Bentley NEW YORK (Reuters) -The dollar ended little changed on Friday, pressured by a fall in Treasury yields after a tame U.S. inflation report that investors said kept…
Oil falls 1.5%, ends week lower on China demand fears
By Erwin Seba HOUSTON (Reuters) -Oil futures fell about 1.5% on Friday, finishing the week lower on declining Chinese demand and hopes of a Gaza ceasefire agreement that could ease…
Oil prices in third weekly plunge as demand concerns bite
Investing.com– Oil prices fell Friday, on course for a third consecutive losing week as concerns over sluggish demand conditions in Asia weighed. At 09:00 ET (13:00 GMT), Brent oil futures…
Oil falls over 1%, set for weekly drop on China demand fears
By Erwin Seba HOUSTON (Reuters) -Oil futures fell over 1% on Friday and were on track to end the week lower on declining Chinese demand and hopes of a Gaza…
Microsoft (MSFT) Stock Forecast & Predictions for 2024, 2025–2026 and Beyond
Microsoft Corporation, a cornerstone in the tech industry, has consistently demonstrated resilience and innovation, making its stock (MSFT) a key player in many investors’ portfolios. However, like other IT giants,…
Baker Hughes sees lower North America activity; bets on foreign demand
HOUSTON (Reuters) – Baker Hughes cut its outlook for spending by oil producers on Friday, citing lower drilling activity by North American companies, joining other oilfield service companies in warning…
Brent, US crude futures fall on sagging China demand
By Georgina McCartney, Alex Lawler and Arunima Kumar LONDON (Reuters) -Oil prices slipped on Friday and were on track for a third consecutive weekly decline, pressured by muted demand in…
Should you buy a dip in copper prices? UBS discusses
The recent dip in copper prices has investors questioning whether now is the time to buy. UBS analysts have weighed in, providing a nuanced view on the current and future…