Malaysian palm oil stocks hit 19-month low in December as output drops
By Ashley Tang and Rajendra Jadhav KUALA LUMPUR/MUMBAI (Reuters) – Malaysia’s palm oil stocks fell for a third consecutive month in December to hit their lowest since May 2023, as…
US Dollar Leaves All Its Counterparts Behind. Forecast as of 10.01.2025
The Bank of England’s decision to follow the Fed and put its monetary policy cycle on pause exacerbates the debt crisis in the UK. This has prompted other regulators to…
EU’s 2024 new wind capacity less than half amount needed for climate goal, industry group says
LONDON (Reuters) – Wind power provided 20% of the electricity consumed in Europe last year, but the capacity built during the year was less than half of what is needed…
Gold prices steady with nonfarm payrolls in focus
Investing.com– Gold prices rose slightly in Asian trade on Friday and were headed for some weekly gains as heightened uncertainty over U.S. interest rates and trade tariffs fueled increased safe…
Asia FX weakens with dollar near 2-year peak ahead of payrolls data
Investing.com– Most Asian currencies weakened on Friday, while the dollar sat near its strongest level in over two years as traders braced for a potentially strong nonfarm payrolls reading due…
Oil set for third straight weekly gain on winter fuel demand
(Reuters) – Oil prices rose in early Asian trade and were on track for a third straight week of gains with icy conditions in parts of the United States and…
Oil prices rise as cold weather in US, Europe fuels demand hopes
Investing.com– Oil prices rose in Asian trade on Friday, recouping a bulk of their losses this week as cold weather in the U.S. and Europe pushed up hopes that demand…
