Oil prices surge on elevated Middle East tensions, US inventories
Investing.com– Oil prices rose sharply Wednesday as raised tensions in the Middle East increased the potential for a major disruptions to supplies from this key oil-producing region. At 08:25 ET…
Safe-haven gold heads for monthly gain on Mideast worries, Fed
By Sherin Elizabeth Varghese (Reuters) – Gold prices firmed on Wednesday following the killing of Hamas leader in Iran, with the metal heading for a monthly gain driven by optimism…
Oil rises as Mideast tensions overshadow China data concerns
By Florence Tan and Arunima Kumar BENGALURU (Reuters) -Oil futures rebounded more than $1 a barrel from 7-week lows on Wednesday after the killing of a Hamas leader in Iran…
Subdued demand to keep oil prices steady despite geopolitical risks: Reuters poll
By Anushree Ashish Mukherjee and Kavya Balaraman (Reuters) – Analysts are holding their oil price forecasts largely steady for the second half of 2024, as geopolitical risks offset muted demand…
Yen leaps after BOJ decision, month-end keeps currency markets nervy
By Rae Wee and Sruthi Shankar SINGAPORE (Reuters) -The yen hit its strongest in over four months on Wednesday, as Bank of Japan (BOJ) Governor Kazuo Ueda flagged the possibility…
Japan spent $36.8 billion in July intervention, official data shows
By Kevin Buckland TOKYO (Reuters) – Japanese authorities spent 5.53 trillion yen ($36.8 billion)intervening in the foreign exchange market this month to pull the yen off 38-year lows, official data…
Aussie May Continue to Tumble. Forecast as of 31.07.2024
The AUDUSD pair is facing challenges not only from developments in China and the US but also from Australia. The deceleration in inflationary pressure may cancel the RBA’s next cash rate…
Morning Bid: BOJ hikes with Fed ahead, Big Tech flubs
A look at the day ahead in U.S. and global markets from Mike Dolan By any standards of an already busy year, markets are digesting an awful lot of information…
Dollar slips ahead of Fed decision; yen soars after BOJ hike
Investing.com – The U.S. dollar slipped lower Wednesday ahead of the conclusion of the latest Federal Reserve rate-setting meeting, while the Japanese yen soared after the Bank of Japan tightened…
eToro Launches Staking for Solana and Ethereum: Intro Days and Eligibility
Trading and investing platform eToro announced today (Wednesday) the launch of staking services for Solana (SOL) and Ethereum (ETH). This addition allows users to earn rewards by participating in staking…
