Safe-haven gold heads for monthly gain on Mideast worries, Fed

By Sherin Elizabeth Varghese (Reuters) – Gold prices firmed on Wednesday following the killing of Hamas leader in Iran, with the metal heading for a monthly gain driven by optimism…

Oil rises as Mideast tensions overshadow China data concerns

By Florence Tan and Arunima Kumar BENGALURU (Reuters) -Oil futures rebounded more than $1 a barrel from 7-week lows on Wednesday after the killing of a Hamas leader in Iran…

Subdued demand to keep oil prices steady despite geopolitical risks: Reuters poll

By Anushree Ashish Mukherjee and Kavya Balaraman (Reuters) – Analysts are holding their oil price forecasts largely steady for the second half of 2024, as geopolitical risks offset muted demand…

Yen leaps after BOJ decision, month-end keeps currency markets nervy

By Rae Wee and Sruthi Shankar SINGAPORE (Reuters) -The yen hit its strongest in over four months on Wednesday, as Bank of Japan (BOJ) Governor Kazuo Ueda flagged the possibility…

Japan spent $36.8 billion in July intervention, official data shows

By Kevin Buckland TOKYO (Reuters) – Japanese authorities spent 5.53 trillion yen ($36.8 billion)intervening in the foreign exchange market this month to pull the yen off 38-year lows, official data…

Morning Bid: BOJ hikes with Fed ahead, Big Tech flubs

A look at the day ahead in U.S. and global markets from Mike Dolan By any standards of an already busy year, markets are digesting an awful lot of information…

Dollar slips ahead of Fed decision; yen soars after BOJ hike

Investing.com – The U.S. dollar slipped lower Wednesday ahead of the conclusion of the latest Federal Reserve rate-setting meeting, while the Japanese yen soared after the Bank of Japan tightened…

Oil rebounds on Mideast tensions but China data caps gains

By Florence Tan SINGAPORE (Reuters) – Oil futures clawed back some losses on Wednesday, recovering from 7-week lows as geopolitical tensions rose after Israel retaliated against an attack by Hezbollah,…

Yen rises sharply after BOJ decision, Ueda’s press conference

By Rae Wee SINGAPORE (Reuters) -The yen swung between gains and losses on Wednesday after the Bank of Japan (BOJ) raised interest rates at the conclusion of its two-day monetary…

Oil rebounds after Hamas leader killed in Iran, but China caps gains

By Florence Tan SINGAPORE (Reuters) – Oil futures clawed back some losses on Wednesday, recovering from 7-week lows as geopolitical tensions rose after Israel retaliated against an attack by Hezbollah,…