Switzerland to scrap ban on building nuclear power stations
ZURICH (Reuters) – The Swiss government said on Wednesday it plans to overturn a ban on building new power plants to strengthen local energy supply at a time of increased…
Gold falls over 1% on firmer dollar as US data takes spotlight
By Anushree Ashish Mukherjee (Reuters) – Gold prices dropped more than 1% on Wednesday, hurt by a stronger U.S. dollar as investors focused on key inflation data from the world’s…
Oil prices edge lower after US crude stocks draw, Libya supply risks limit losses
By Arunima Kumar and Robert Harvey (Reuters) – Oil prices fell by around 1% on Wednesday due to persistent concerns over Chinese demand and elevated risks of a broader economic…
US dollar rallies on month-end buying; traders await economic data
By Gertrude Chavez-Dreyfuss, Brigid Riley and Sruthi Shankar NEW YORK/TOKYO/BENGALARU (Reuters) -The U.S. dollar rebounded on Wednesday due to month-end buying after recent declines that pushed it to its weakest…
Regional elections risks may impact EUR, warns Citi
Citi has highlighted the potential for increased political risks in Europe as German regional elections are set to commence on September 1. According to Citi European Economics, the elections could…
Red Sea insurance nearly doubles after attacked oil tanker appears to leak oil
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Gold falls on firmer dollar as US data takes spotlight
By Polina Devitt LONDON (Reuters) – Gold prices fell on Wednesday under pressure from a stronger dollar and uncertainty ahead of a key U.S. inflation report that could provide more…
Oil prices fall as demand concerns offset Libya supply risks
By Arunima Kumar and Robert Harvey (Reuters) – Oil prices fell by around 1% on Wednesday due to persistent concerns over Chinese demand and elevated risks of a broader economic…
Citi turning neutral on aluminium and zinc after bullish targets reached
Investing.com — Analysts at Citi Research in a note dated Wednesday shifted to a neutral stance on aluminium and zinc in the short term, following the realization of its previously…
Oil prices slip lower, retreating after recent hefty gains
Investing.com – Oil prices fell Wednesday, handing back some recent profits despite another outsized draw in U.S. inventories, tensions in the Middle East and potential supply disruptions in Libya. At…
