Oil slips after surge on Libyan outages and Middle East risk
By Colleen Howe and Emily Chow BEIJING (Reuters) -Oil prices paused recent advances to trade in a range on Tuesday, after a surge of more than 7% in the previous…
Euro and pound edge back towards multi-month highs
By Rae Wee and Alun John SINGAPORE/LONDON (Reuters) – The euro and pound nudged higher on Tuesday, as a pause in the rise in oil prices helped them back towards…
Asian currencies rally will slow, not stop
Investing.com — Asian currencies have seen a strong uptick in recent months, fueled by a combination of improving economic conditions, easing global inflation, and favorable trade balances. As global economic…
Goldman reduces Brent oil price range to $70-85
Investing.com — Goldman Sachs in a note dated Monday adjusted its forecast for Brent crude oil prices, lowering the expected trading range to $70-$85 per barrel. This revision marks a…
Oil pauses gains after surging on Libyan outages, Middle East tension
By Colleen Howe and Emily Chow BEIJING (Reuters) -Oil prices paused recent advances to trade in a range on Tuesday, after a surge of more than 7% in the previous…
Dollar slips as traders weigh Middle East risks, US rate cuts
By Rae Wee SINGAPORE (Reuters) -The dollar and yen eased on Tuesday, paring some of their safe-haven gains from the start of the week in the wake of a major…
Oil pauses gains after surging on Libyan outages, Middle East tensions
By Colleen Howe and Emily Chow BEIJING (Reuters) -Oil prices paused their recent advances, receding on Tuesday after surging more than 7% in the previous three sessions on supply concerns…
Gold weakens, but rate cut bets, safe haven demand keep prices above $2,500
Investing.com– Gold prices fell in Asian trade on Tuesday amid some pressure from a rebound in the dollar, although the prospect of lower interest rates and increased safe haven demand…
Asia FX weakens amid China trade jitters; yen rally stalls
Investing.com– Most Asian currencies weakened on Tuesday as new Canadian trade tariffs on China ramped up fears of a trade war, while a rally in the Japanese yen was hampered…
Oil prices pause after surging on Libyan outages, Middle East tensions
By Colleen Howe BEIJING (Reuters) – Oil prices paused their recent advances, receding in Asian trading on Tuesday after surging more than 7% in the previous three sessions on supply…