Oil pauses gains after surging on Libyan outages, Middle East tensions

By Colleen Howe and Emily Chow BEIJING (Reuters) -Oil prices paused their recent advances, receding on Tuesday after surging more than 7% in the previous three sessions on supply concerns…

My Forex Funds Case Gets Senator’s Interest: CFTC Chair Must Clarify “Process, Procedure”

The alleged misconduct of the Commodity Futures Trading Commission (CFTC) in the My Forex Funds case has now caught the attention of US lawmakers. Last week, Republican Senator from Iowa,…

Gold weakens, but rate cut bets, safe haven demand keep prices above $2,500

Investing.com– Gold prices fell in Asian trade on Tuesday amid some pressure from a rebound in the dollar, although the prospect of lower interest rates and increased safe haven demand…

Asia FX weakens amid China trade jitters; yen rally stalls

Investing.com– Most Asian currencies weakened on Tuesday as new Canadian trade tariffs on China ramped up fears of a trade war, while a rally in the Japanese yen was hampered…

Oil prices pause after surging on Libyan outages, Middle East tensions

By Colleen Howe BEIJING (Reuters) – Oil prices paused their recent advances, receding in Asian trading on Tuesday after surging more than 7% in the previous three sessions on supply…

Oil prices dip with eyes on Libya output, Middle East conflict

Investing.com– Oil prices fell in Asian trade on Tuesday, cooling after a strong rebound in recent sessions with traders seeking more cues on production disruptions in Libya and a wider…

Currencies tread water as Middle East risks temper rate cut optimism

By Rae Wee SINGAPORE (Reuters) – The dollar edged higher on Tuesday and major currencies traded sideways as lingering concerns over tensions in the Middle East partially offset investors’ optimism…

Four arson suspects arrested for setting fires in Brazil farmland

BRASILIA (Reuters) -Four men have been arrested on suspicion of setting fires that have destroyed thousands of hectares of sugarcane plantations in Brazil’s northern Sao Paulo state, the government said…

Three arson suspects arrested for setting fires in Brazil farmland

BRASILIA (Reuters) – Three men have been arrested on suspicion of setting fires that have destroyed thousands of hectares of sugarcane plantations in northern Sao Paulo state, its Governor Tarcisio…

Safe-haven yen, US dollar rally on escalating Middle East tension

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The U.S. dollar rallied from an eight-month low on Monday, while the yen rose against most currencies, as geopolitical tension in the Middle East…