Sterling heads for worst weekly performance since January
By Amanda Cooper LONDON (Reuters) – The pound headed for its biggest weekly loss since January on Friday, under pressure from weak UK economic data and a surging dollar that…
UBS cuts Brent 2025 forecast, still sees upside ahead
Investing.com – Crude prices have traded lower Friday, on course for a negative week, asΒ demand concerns and a stronger US dollar weighed on investor sentiment. But UBS cuts its 2025…
Morning Bid: Fed draws veil over post-election easing
A look at the day ahead in U.S. and global markets from Mike Dolan Faced with another monthly round of stubborn inflation and uncertainty about fiscal, tariff and immigration policy…
Oil prices set for weekly loss on China demand fears
By Nicole Jao and Gabrielle Ng SINGAPORE (Reuters) -Oil prices fell on Friday as investors weighed signs demand in top crude importer China continues to underperform amid the country’s uneven…
Oil set for weekly loss on uncertainty around Fed rate cuts, China demand fears
By Nicole Jao and Gabrielle Ng SINGAPORE (Reuters) -Oil prices fell on Friday as investors weighed signs demand in top crude importer China continues to underperform amid the country’s uneven…
Oil heads for weekly loss as Chinese demand continues to underperform
By Nicole Jao (Reuters) – Oil prices edged down early on Friday as oversupply concerns and demand worries stemming from a stronger dollar outweighed a steep draw in U.S. fuel…
Gold prices steady but head for worst week since 2021 as rate cut bets recede
Investing.com– Gold prices steadied in Asian trade on Friday, but were nursing their worst weekly performance in over three years as strong U.S. inflation and less dovish signals from the…
Asia FX fragile; dollar set for stellar week on rate uncertainty, Trump trade
Investing.com– Most Asian currencies moved little on Friday and were nursing losses for the week, while the dollar steadied at a one-year peak and was set for a strong week…
Oil dips on oversupply concerns, heads for weekly loss
By Nicole Jao (Reuters) – Oil prices edged down early on Friday as oversupply concerns and demand worries stemming from a stronger dollar outweighed a steep draw in U.S. fuel…
Oil prices dip after US inventory build, IEA warning; weekly losses on tap
Investing.com– Oil prices fell slightly in Asian trade on Friday after data showed a bigger-than-expected build in U.S. inventories, with prices set for a weekly loss amid growing concerns over…