Debby slams into Florida’s Gulf Coast as Category 1 hurricane
By Rich McKay (Reuters) -Hurricane Debby made landfall as a Category 1 storm in the Big Bend region of Florida’s Gulf Coast on Monday morning and began a slow crawl…
Dollar slumps on recession fears; yen, Swiss franc benefit
Investing.com – The U.S. dollar fell sharply Monday on concerns over U.S. economic growth, with the Swiss franc and the Japanese yen seeing strong safe-haven demand. At 08:45 ET (12:45…
Gold’s run to record high may crimp demand: Russell
By Clyde Russell LAUNCESTON, Australia (Reuters) – Gold has been the standout commodity performer so far this year, gaining 18.5% and posting a record high. But the precious metal may…
Hurricane Debby makes landfall on Florida’s Gulf Coast as Category 1 storm
By Rich McKay (Reuters) -Hurricane Debby made landfall as a Category 1 storm in the Big Bend region of Florida’s Gulf Coast on Monday morning and began a slow crawl…
Oil prices down but off lows as US services data ease recession fears
Investing.com– Oil prices rose slightly in Asian trade on Monday as heightened tensions in the Middle East kept some concerns over supply disruptions in play, although gains were limited by…
Oil prices fall sharply on elevated demand fears; volatile trading
Investing.com– Oil prices rose slightly in Asian trade on Monday as heightened tensions in the Middle East kept some concerns over supply disruptions in play, although gains were limited by…
Japanese yen surges to 7-month high as US economy worries mount
By Sruthi Shankar and Vidya Ranganathan SINGAPORE (Reuters) -The Japanese yen surged to seven-month highs against the dollar on Monday as traders aggressively unwound carry trades after a slew of…
Morning Bid: Stocks reel on ‘R-word’ return, Nikkei dives 12%
A look at the day ahead in U.S. and global markets from Mike Dolan Whether the prospect of a U.S. recession is real or imagined, the mere return of the…
Gold prices retreat from record highs; recession fears provide support
Investing.com– Gold prices retreated slightly Monday, but were still trading in sight of record highs as the yellow metal benefited from increased safe haven demand amid heightened concerns over slowing…
Oil prices drop as US recession fears spark broader selloff
By Florence Tan SINGAPORE (Reuters) – Oil prices hovered at eight-month lows on Monday as fears of a recession in the United States, the world’s top oil consumer, offset concerns…
