Russian oil products trapped at sea by US sanctions, LSEG data shows
MOSCOW (Reuters) – Nearly 500,000 metric tons of Russian oil products are trapped on tankers hit by U.S. sanctions, LSEG data showed on Wednesday. On Jan. 10, new Russia-related sanctions…
Morning Bid: Inflation offers crumbs of comfort, big banks report
(Reuters) – A look at the day ahead in U.S. and global markets from Mike Dolan This week’s initial sweep of inflation readouts has calmed New Year market turbulence, but…
Trump’s energy department pick to call for more LNG and nuclear power
By Timothy Gardner WASHINGTON (Reuters) – Chris Wright, President-elect Donald Trump’s pick to head the U.S. Energy Department, will tell U.S. senators in his confirmation hearing on Wednesday his first…
Natural gas prices: EU considers phasing out Russian LNG
Investing.com — The European Union (EU) is reportedly contemplating the elimination of Russian Liquefied Natural Gas (OTC:LNGLF) (LNG) as part of a new set of sanctions, causing European natural gas…
BofA sees shift in INR volatility amid RBI policy changes
Bank of America (BofA) analysts noted a shift in the trading behavior and volatility of the Indian Rupee (INR), attributing the change to a recent alteration in the Reserve Bank…
Oil gains capped by uncertainty over sanctions impact
By Arunima Kumar (Reuters) -Oil prices crept higher on Wednesday as the market focused on potential supply disruptions from sanctions on Russian tankers, though gains were tempered by a lack…
Yuan Poised to Lose Ground Against Greenback. Forecast as of 15.01.2025
Despite the People’s Bank of China’s (PBoC) commitment to maintaining yuan stability, it is important to face the fact that differing monetary expansion rates with the Fed and a new…
Intraday Trading Strategies
Intraday trading involves closing all trades before the trading session ends and the market closes, regardless of whether they were opened at the beginning of the session or in the…
New US sanctions on Russia may impact oil supply flows, IEA says
Investing.com – Expanded US sanctions on Russia could impact oil supply flows and distribution chains out of the country, according to a monthly report from the International Energy Agency. Last week,…
Dollar weakens ahead of CPI release; sterling stable
Investing.com – The US dollar edged lower Wednesday amid caution ahead of a closely watched US consumer prices report, while sterling weakened after a benign inflation release. At 04:45 ET…