Gold prices pressured by rate uncertainty as Fed, inflation cues loom
Investing.com– Gold prices fell in Asian trade on Wednesday, extending a drop from record highs amid growing bets that the Federal Reserve will cut interest rates at a slower pace…
Asia FX muted with Fed, inflation cues on tap; Kiwi sinks on RBNZ cut
Investing.com– Most Asian currencies kept to a tight range on Wednesday, while the dollar steadied in anticipation of more signals from the Federal Reserve and U.S. inflation on the path…
Oil prices steady after sliding on potential Israel-Hezbollah ceasefire
By Colleen Howe BEIJING (Reuters) – Oil prices steadied in Asian trading on Wednesday, as traders weighed uncertainty surrounding developments in the Middle East conflict against continued bearish fundamentals. Brent…
Oil prices rise after steep losses; large US inventory build limits recovery
Investing.com– Oil prices rose in Asian trade on Wednesday, recouping some of the prior sessionβs steep losses, although signs of an outsized build in U.S. inventories limited gains. Oil prices…
Florida gas stations run empty amid panic ahead of Hurricane Milton
By Shariq Khan NEW YORK (Reuters) -A growing number of gas stations were flashing empty signs on Tuesday as panic-buying gripped Florida, where residents are bracing for a monster hurricane…
Oil futures lower after API data show big increase in US crude stocks
Investing.com — U.S. crude oil futures were lower in post-settlement trading Tuesday after the American Petroleum Institute reported a much larger-than-expected increase in weekly domestic crude stocks amid weather-related disruptions…
Oil prices settle lower after Hezbollah reportedly backs ceasefire efforts
Investing.com — Oil prices settled sharply lower Tuesday as reports thatΒ Hezbollah is seeking a Israel with Israel helped ease concerns about wider Middle East conflict. At 2:30 p.m. ET (1830…
Dollar steadied by focus on Fed path, China, Middle East
By Alden Bentley and Medha Singh NEW YORK/LONDON (Reuters) – The dollar held firm on Tuesday, treading water just under last week’s seven-week highs as investors assessed the outlook for…
Crude prices slide over 4% on possible Hezbollah-Israel ceasefire
By Erwin Seba HOUSTON (Reuters) -Oil prices slid on Tuesday, settling down more than 4% on news of a possible ceasefire between Hezbollah and Israel, although prices found some support…
Biden announces new rule to remove all US lead pipes in a decade
By Daphne Psaledakis and Jarrett Renshaw (Reuters) -The Biden administration finalized a landmark rule on Tuesday that would require water utilities to replace virtually every lead pipe in the country…
