Gold climbs over 1% after Fed’s Powell hints at early rate cut
By Rahul Paswan (Reuters) – Gold prices were on track to register their best month since March on Wednesday led by geopolitical concerns and hopes of an interest rate cut…
US lawmakers seek to block Chinese firms from solar manufacturing subsidy
(Reuters) – A bipartisan group of U.S. lawmakers on Wednesday introduced a bill that would block Chinese solar panel makers from claiming subsidies for their American factories. WHY IT MATTERS…
Analysis-BOJ shift gives yen a shake and causes reassessment of popular FX trade
By Alun John and Tom Westbrook LONDON/SINGAPORE (Reuters) -The Bank of Japan’s move to raise interest rates to their highest in 15 years has jolted the yen to its strongest…
Dollar slightly pares losses after Fed meeting statement
NEW YORK (Reuters) – The dollar slightly pared losses on Wednesday after the Federal Reserve held interest rates steady but opened the door to reducing borrowing costs as soon as…
Oil gains nearly 3% on rising Mideast tension, falling US crude stockpiles
By Nicole Jao NEW YORK (Reuters) – Oil prices rose nearly 3% on Wednesday, rebounding from seven-week lows after the killing of a Hamas leader in Iran ratcheted up tensions…
Oil prices jump on elevated Middle East tensions, larger draw in US inventories
Investing.com– Oil prices rose sharply Wednesday as rising Middle East increased the potential for major disruptions to global supplies and a larger decline in U.S. crude inventories continued to point…
Oil climbs more than 2% as Middle East tensions rise again
By Nicole Jao NEW YORK (Reuters) -Oil prices rose more than 2% on Wednesday, rebounding from seven-week lows, as the killing of a Hamas leader in Iran ratcheted up tensions…
US farm agency to provide discrimination payments to 43,000 farmers
By Leah Douglas (Reuters) – The U.S. Department of Agriculture on Wednesday said it has issued $2 billion of financial assistance to more than 43,000 farmers, ranchers, and forest landowners…
Gold on track for monthly gain on Mideast fears, Fed rate-cut hopes
By Sherin Elizabeth Varghese (Reuters) – Gold prices firmed on Wednesday following the killing of a Hamas leader in Iran, on track for a monthly gain driven by optimism about…
Yen jumps as BOJ hikes rates, dollar dips before Fed
By Karen Brettell NEW YORK (Reuters) – The Japanese yen hit a four-month high against the dollar on Wednesday after the Bank of Japan raised rates to the highest since…
