Chevron transports non-essential personnel from Gulf of Mexico sites due to tropical disturbance
This post is originally published on INVESTING.
Middle East Leads in Digital Payment Innovation amid Escalating Regional Hostilities
Traditionally, countries in the Middle East have been considered cash-forward economies, with the majority of residents using local fiat currencies to complete transactions and conduct trade. Although in some countries,…
Fed’s large interest rate cut should boost gold demand – Citi
Investing.com —Β The Federal Reserve’s decision to aggressively cut interest rates last week should boost investor appetite for gold, according to analysts at Citi. In a note to clients, the analysts…
Key commodity sectors to bottom out in coming months, says UBS
Investing.com — UBS strategists predict that major commodity sectors will bottom out in the coming months, as current market challenges start to ease.Β Despite weak performance in most commodity categoriesβexcept…
Oil steadies as US interest rate cut counters weak demand
By Arunima Kumar (Reuters) -Oil prices rose slightly in choppy trade on Monday after last week’s cut to U.S. interest rates and a dip in U.S. crude supply in the…
Oil prices edge higher on Middle East tensions, rate cut cheer
This post is originally published on INVESTING.
Sentiment among energy investors has turned “decisively bearish” – BofA
Investing.com —Β Crude prices hovered around the flatline on Monday, buoyed by concerns that heightened conflict in the Middle East may curtail regional supply.Β By 08:30 ET, the Brent contract was…
Euro drops as glum PMI readings stoke bets on more ECB easing
By Sruthi Shankar and Vidya Ranganathan LONDON/SINGAPORE (Reuters) – The euro fell sharply against the dollar on Monday, as business activity readings painted a grim picture of the euro zone…
Oil edges higher as US interest rate cut counters weak demand
By Arunima Kumar (Reuters) -Oil prices rose slightly in choppy trade on Monday after last week’s cut to U.S. interest rates and a dip in U.S. crude supply in the…
EU challenges China’s dairy product probe at WTO
By Philip Blenkinsop BRUSSELS (Reuters) -The European Commission launched a challenge at the World Trade Organisation (WTO) on Monday against China’s investigation into EU dairy products, initiated after the European…
