Gold prices keep record highs in sight on bets on bigger rate cut
Investing.com– Gold prices fell slightly in Asian trade on Tuesday, but remained close to record highs amid growing conviction that the Federal Reserve will cut interest rates by a wide…
Gold prices keep record highs in sight on bets of bigger rate cut
Investing.com– Gold prices fell slightly in Asian trade on Tuesday, but remained close to record highs amid growing conviction that the Federal Reserve will cut interest rates by a wide…
Central bank digital currency momentum growing, study shows
By Marc Jones LONDON (Reuters) – A total of 134 countries representing 98% of the global economy are now exploring digital versions of their currencies, with almost half at an…
Asia FX firms, yen strong as dollar retreats on bets of bigger rate cut
Investing.com– Asian currencies firmed on Tuesday, with the Japanese yen close to a 2024 peak as the dollar retreated on growing bets the Federal Reserve will cut interest rates by…
Oil extends gains on US output concerns, expected drop in stockpiles
By Jeslyn Lerh SINGAPORE (Reuters) – Oil prices extended gains on Tuesday as the market eyed U.S. output concerns in the aftermath of Hurricane Francine and expectations of lower U.S.…
Oil prices edge higher as markets weigh interest rate cuts, demand fears
Investing.com– Oil prices rose slightly in Asian trade on Tuesday, seeing persistent support from the prospect of interest rate cuts and supply disruptions caused by Hurricane Francine. But gains in…
London’s high-end property market cools on worries about tax hit
LONDON (Reuters) – Demand for London’s most expensive homes cooled last month as high earners worried about the possibility of tax increases by Britain’s new centre-left government, a property data…
Investors turned more bearish on oil last week than ever
By Shariq Khan NEW YORK (Reuters) – Investors were more bearish than ever on crude oil last week, deepening a months-long selloff that pressured prices to multi-year lows amid growing…
US dollar hits more than one-year low versus yen as market eyes aggressive Fed rate cut
By Chibuike Oguh and Samuel Indyk NEW YORK/LONDON (Reuters) -The U.S. dollar fell to a more than one-year low versus the yen on Monday, as expectations increased that the Federal…
Oil prices climb on hurricane impact ahead of US rate decision
By Nicole Jao NEW YORK (Reuters) -Oil prices rose more than 1% on Monday as the ongoing impact of Hurricane Francine on output in the U.S. Gulf of Mexico offset…
