Oil dips as Gaza ceasefire expectations grow
By Georgina McCartney LONDON (Reuters) -Oil prices were flat on Tuesday after a European Central Bank official hinted at a possible rate cut in September, offsetting pressure from renewed hopes…
China’s rate cuts fail to revive iron ore and copper: Russell
By Clyde Russell LAUNCESTON, Australia (Reuters) – China’s first cut to major short- and long-term interest rates in 11 months drew a distinctly ho-hum reaction from the commodities that usually…
Barclays remains bullish on US dollar amid political shifts
Barclays addressed concerns about the future of the U.S. dollar (USD), asserting that reports about its demise are overstated despite the current political climate. The firm’s confidence in the currency…
Oil flat as hopes of European rate cut offset possible Gaza ceasefire
By Jeslyn Lerh SINGAPORE (Reuters) -Oil prices steadied on Tuesday after falling for the past two sessions, as investors remained cautious amid expectations of plentiful supplies and weak demand, while…
Dollar steady, while yen strengthens ahead of BOJ meeting
Investing.com – The U.S. dollar traded in a stable fashion in Europe Tuesday, while the yen soared in the wake of suspected intervention by the government last week. At 05:40…
Goldman still bullish on gold, China underpinning demand outlook
Investing.com — Goldman Sachs said it remains bullish on gold in a note on Monday, citing both potential Fed rate cuts and China’s unwavering demand as key drivers, which have…
Yen rises as traders look to BOJ, while dollar holds steady
By Harry Robertson and Rae Wee LONDON/SINGAPORE (Reuters) -The yen rose on Tuesday as investors reacted to comments from a senior Japanese politician that added to the pressure on the…
Column – China’s rate cuts fail to revive iron ore and copper: Russell
By Clyde Russell LAUNCESTON, Australia (Reuters) – China’s first cut to major short- and long-term interest rates in 11 months drew a distinctly ho-hum reaction from the commodities that usually…
Aussie, kiwi dollars struggle on China’s rate cuts; yen gains
By Rae Wee SINGAPORE (Reuters) -The Australian and New Zealand dollars struggled to regain their footing on Tuesday after China’s move to cut several key interest rates, while the yen…
Gold prices struggle around $2,400; Copper battered by China woes
Investing.com– Gold prices moved little in Asian trade on Tuesday, hovering around 11-day lows as traders sought more clarity on U.S. politics and monetary policy, especially ahead of a Federal…
