Morning Bid: Growth ebbs, curves steepen, Powell in Portugal
A look at the day ahead in U.S. and global markets from Mike Dolan Further signs of a cooling U.S. economy greet the second half of 2024, with politics dominating…
Turkey, US in talks on nuclear plant projects, Turkish official says
By Can Sezer ISTANBUL (Reuters) – Turkey is holding talks with the United States on the construction of large-scale nuclear power plants and small modular reactors (SMR), senior Turkish Energy…
Oil holds near two-month high on summer demand outlook and supply fears
By Arunima Kumar BENGALURU (Reuters) -Oil prices were little changed on Tuesday, trading near two-month highs reached in the previous session on expectations of rising demand during the summer driving…
Dollar edges higher on Trump expectations; euro slips ahead of inflation data
Investing.com – The U.S. dollar edged higher in early European trade Tuesday, recovering after recent losses, while the euro dipped ahead of key inflation data. At 04:30 ET (08:30 GMT),…
South African rand extends losses on concerns over unity government obstacles
JOHANNESBURG (Reuters) – The South African rand extended losses early on Tuesday on concerns over future challenges for the government of national unity (GNU) and after trading turbulently on Monday…
US yields boost dollar and leave yen dazed at 38-year low
By Tom Westbrook SINGAPORE (Reuters) -The dollar was supported by rising U.S. yields and the blowtorch was on low-yielding currencies on Tuesday such as China’s yuan and Japan’s yen, which…
Japan’s fin min affirms FX vigilance but avoids intervention warning
By Makiko Yamazaki TOKYO (Reuters) -Japan’s finance minister said on Tuesday authorities were vigilant to sharp currency market moves, as the yen continued its slump to fresh 38-year lows against…
Gold prices tick lower with Powell, payrolls in focus; copper weak
Investing.com– Gold prices fell slightly in Asian trade on Tuesday, remaining in a tight trading range as anticipation of a slew of cues on U.S. interest rates kept traders largely…
Oil trades near two-month high on summer demand outlook, possible rate cut
By Mohi Narayan and Colleen Howe BEIJING (Reuters) -Oil prices were little changed on Tuesday, holding near the two-month highs reached in the previous session, on expectations for rising fuel…
Asia FX muted as dollar steadies ahead of rate cues; yen weakens further
Investing.com– Most Asian currencies weakened slightly on Tuesday as the dollar recovered from recent losses before a barrage of cues on interest rates, while the Japanese yen weakened further into…
