Oil prices edge up on geopolitical tensions, OPEC+ supply plans
By Arathy Somasekhar (Reuters) – Oil prices were little changed in early Asia trade on Wednesday as market participants weighed higher U.S. crude oil and fuel inventories as well as…
Australian dollar slides to 4-mth low as soft GDP fuels rate cut bets
Investing.com– The Australian dollar weakened sharply on Wednesday after softer-than-expected gross domestic product data spurred increased bets that the Reserve Bank will cut interest rates earlier in 2025. The AUD/USD…
Oil prices steady amid Israel-Lebanon tensions, US inventory build
Investing.com– Oil prices steadied in Asian trade on Wednesday after rising sharply in the prior session as Israel threatened to attack Lebanon if its ceasefire with Hezbollah collapses. But oil’s…
Oil steady as markets weigh higher US stockpiles, OPEC+ supply plans
By Arathy Somasekhar (Reuters) – Oil prices were little changed in early Asia trade on Wednesday as market participants weighed higher U.S. crude oil and fuel inventories as well as…
Economic Calendar for the Week 09.12.2024 – 15.12.2024
The US dollar continues to lead the market, bolstered by its reputation as a safe-haven asset. This was particularly evident early last week following Trump’s comments regarding potential consequences for…
Euro to stay weak, but avoid parity to USD for now: Reuters poll
By Sarupya Ganguly BENGALURU (Reuters) – A retreating euro will remain weak in the near term, trapped between political ructions building in France and expected new U.S. tariffs early next…
