US military says it defeated Houthi attack on ships in Gulf of Aden

CAIRO/WASHINGTON (Reuters) – Two U.S. Navy destroyers escorting three merchant vessels through the Gulf of Aden defeated an attack by Iran-backed Houthis in Yemen, the U.S. military said on Tuesday.…

US oil futures slightly lower after surprise climb in crude inventories; API

Investing.com — U.S. crude oil futures were marginally lower in post-settlement trading Tuesday after the American Petroleum Institute reported a surprise increase in weekly domestic crude inventories. Crude Oil WTI…

Bearish bets on EUR/USD attractive again after latest fightback: BofA

Investing.com — The euro has been fighting back against the dollar, following its a post-U.S. election ride lower, but Bank of America says now is the time to to renew…

US Supreme Court may limit environmental reviews in Utah railway fight

By Andrew Chung, John Kruzel WASHINGTON (Reuters) -The U.S. Supreme Court appeared inclined on Tuesday to limit the extent to which federal agencies must review the environmental impact of projects…

US power use to reach record highs in 2024 and 2025, EIA forecast says

By Scott DiSavino (Reuters) – U.S. power consumption will rise to record highs in 2024 and 2025, the U.S. Energy Information Administration said in its Short Term Energy Outlook on…

Trading Psychology: Outsmart Emotions, Conquer the Market

Trading psychology plays a vital role in determining a trader’s success. It influences every decision, whether to buy, sell, or hold. Many traders focus on strategies and technical analysis but…

Oil prices rise on China stimulus, possible tight supply in Europe

By Erwin Seba HOUSTON (Reuters) -Oil prices rose on Tuesday as markets looked to rising demand in China, the world’s largest buyer, and possible tight supply in Europe this coming…

Factbox-Germany’s election in polls, parties and policy debates

BERLIN (Reuters) – Germany is expected to hold a snap election on Feb. 23 after the collapse of Chancellor Olaf Scholz’s coalition last month. Here are the main parties contending,…

Corpay Steps into the Ring as UFC Exclusive FX Partner

Corpay, a global payments company, was named the exclusive Global Foreign Exchange (FX) Partner of UFC, the mixed martial arts organization. This collaboration aims to improve currency risk management and…

US dollar rises, Aussie drops after Chinese trade data

By Hannah Lang and Stefano Rebaudo (Reuters) – The dollar rose on Tuesday ahead of U.S. inflation data that could offer clues about the Federal Reserve’s monetary-easing path, while analysts…