Gold prices steady above $2,400 as soft CPI data fuels rate cut bets
Investing.com– Gold prices fell slightly in Asian trade on Friday, but were sitting on strong gains from the prior session as softer-than-expected U.S. inflation data ramped up bets on a…
Asia FX weakens as yen volatility spurs caution; dollar dented by soft CPI
Investing.com– Most Asian currencies fell slightly on Friday as traders turned cautious amid increased volatility in the Japanese yen, which sparked speculation over whether the government had intervened in markets.…
Dollar hovers around 1-mth low as soft CPI data spurs rate cut bets
Investing.com– The dollar steadied against a basket of currencies on Friday after softer-than-expected inflation data saw the greenback sink to one-month lows, amid increased bets that the Federal Reserve will…
Oil rises on cooling US inflation but heads for weekly dip
By Shariq Khan and Jeslyn Lerh SINGAPORE (Reuters) -Oil prices inched up on Friday amid signs of easing inflationary pressures in the world’s biggest oil consumer, the United States, though…
Oil prices rise amid rate cut cheer, summer demand hopes
Investing.com– Oil prices rose in Asian trade on Friday amid optimism over U.S. interest rate cuts and improved summer demand, but were still set for weekly losses on some profit-taking.…
Oil prices rise on rate cut cheer, weak China imports limit gains
Investing.com– Oil prices rose in Asian trade on Friday amid optimism over U.S. interest rate cuts and improved summer demand, but were still set for weekly losses on some profit-taking.…
Oil rises on cooling US inflation, strong summer demand
(Reuters) – Oil prices rose in early Asian trading hours on Friday as signs of strong summer demand and easing inflationary pressures in the world’s biggest oil market, the United…
Japanese yen firms, USDJPY slides amid intervention talk, rate cut hopes
Investing.com– The Japanese yen firmed sharply on late-Thursday, with the USDJPY pair dropping to a near one-month low amid speculation over potential currency market intervention by the government. Strength in…
About 1 million in Texas without power, Freeport LNG to restart after Beryl
By Arathy Somasekhar, Curtis Williams and Georgina McCartney HOUSTON/FREEPORT (Reuters) -More than 1.2 million homes and businesses in Texas remained without power on Thursday, four days after Hurricane Beryl lashed…
US sued over ‘failure to examine harms’ from delayed offshore oil decommissioning
By Georgina McCartney (Reuters) – An environmental group on Thursday sued the U.S. government over its approach to examining the harm caused by ageing offshore oil and gas infrastructure, citing…
