Oil prices settle on demand hopes ahead of US fresh inventory data

Investing.com– Oil prices settled higher Monday, benefiting from stronger-than-expected Chinese manufacturing activity data, suggesting a recovery in the world’s second-largest economy and major crude importer.  At 14:30 ET (18:30 GMT), Brent…

Oil prices settle higher on demand hopes ahead of fresh US inventory data

Investing.com– Oil prices settled higher Monday, benefiting from stronger-than-expected Chinese manufacturing activity data, suggesting a recovery in the world’s second-largest economy and major crude importer.  At 14:30 ET (18:30 GMT), Brent…

Oil prices rise 2% on summer demand hopes, supply worries

By Scott DiSavino (Reuters) -Oil prices climbed about 2% on Monday on hopes of rising demand during the Northern Hemisphere’s peak summer driving season and worries that OPEC+ production cuts…

South African markets retreat after ‘sugar rush’ of Ramaphosa’s cabinet

By Bhargav Acharya and Kopano Gumbi JOHANNESBURG (Reuters) -South African assets gave up some gains on Monday as the initial optimism shown by the markets waned a day after President…

Euro gains after French elections; yen sinks to new 38-year low

By Harry Robertson and Gertrude Chavez-Dreyfuss LONDON/NEW YORK (Reuters) -The euro climbed on Monday after a convincing and historic win by the French far right in the first round of…

Mexico to drop plan to cut yellow corn imports, new agriculture minister says

By Adriana Barrera and Cassandra Garrison MEXICO CITY (Reuters) – Mexico’s incoming government will discard a core goal of outgoing President Andres Manuel Lopez Obrador to reduce imports of yellow…

How to invest in gold and silver using Prepper Bars

Gold and silver have captivated investors for centuries, offering a potential hedge against inflation and economic uncertainty. Whether you’re a seasoned investor or just starting out, these precious metals can…

Oil prices boosted by China manufacturing activity data; weaker dollar helps

Investing.com– Oil prices rose Monday, benefiting from stronger-than-expected Chinese manufacturing activity data, suggesting a recovery in the world’s second-largest economy and major crude importer.  At 08:40 ET (12:40 GMT), Brent crude futures…

South African markets cheer Ramaphosa’s ‘business friendly’ cabinet

By Bhargav Acharya and Kopano Gumbi JOHANNESBURG (Reuters) -South African assets rose sharply on Monday after President Cyril Ramaphosa formed a new cabinet following a long wait that included the…

Euro rises as French far right faces narrow road to majority

By Harry Robertson and Rae Wee LONDON/SINGAPORE (Reuters) -The euro climbed on Monday after a convincing and historic win by the French far right in the first round of parliamentary…