US Dollar Retreats Following Presidential Debate. Forecast as of 11.09.2024

Following the debate, markets appeared to favor Kamala Harris, which prompted a retreat in the US dollar. Investors are now focusing on the release of US inflation data and the…

Oil prices recover, driven by supply disruption fear from hurricane

By Yuka Obayashi TOKYO (Reuters) – Oil prices climbed on Wednesday, paring some of the previous day’s losses, as concerns about Hurricane Francine disrupting output in the U.S., the world’s…

Iran’s president visits Iraq on first foreign trip

DUBAI (Reuters) – Iranian President Masoud Pezeshkian headed for close ally Iraq on Wednesday, on his first official foreign trip, Iran’s semi-official ISNA news agency reported on Wednesday. Iraq hosts…

Gold prices rise, near record high in wake of fiery presidential debate

Investing.com– Gold prices rose in Asian trade on Wednesday and were close to record highs as a fiery debate between presidential candidates Kamala Harris and Donald Trump raised uncertainty over…

Asia FX firms, yen at 8-mth peak as dollar retreats after presidential debate

Investing.com– Most Asian currencies gained ground on Wednesday as the dollar retreated in the wake of a fiery U.S. presidential debate, with focus turning to key upcoming inflation data due…

Oil prices rebound on fears of supply disruption from tropical storm

By Yuka Obayashi TOKYO (Reuters) – Crude prices bounced on Wednesday as concerns about Tropical Storm Francine disrupting supply of oil outweighed worries about demand. Brent crude futures climbed 39…

Oil prices rise from near 3-year low with Francine impact, inventories in focus

Investing.com– Oil prices rose from a near three-year low in Asian trade on Wednesday as traders waited to gauge the impact of Hurricane Francine on production in the Gulf of…

Oil settles near 3-year low on weak demand outlook

By Georgina McCartney HOUSTON (Reuters) -Global oil benchmark Brent crude futures settled at their lowest level since December 2021 on Tuesday, after OPEC+ revised down its demand forecast for this…

Oil futures off lows after API data show surprise draw in US crude stocks

Investing.com — U.S. crude oil futures moved off lows in post-settlement trading Tuesday after the American Petroleum Institute reported a surprise decline in weekly domestic crude stocks. Crude Oil WTI…

Oil prices settle lower as OPEC cuts demand forecast on China concerns

Investing.com– Oil prices dipped in early US trading on Tuesday as fresh signs of weaker demand exacerbated concerns about a potential supply surplus, outweighing the possible impact of Tropical Storm Francine…