China lithium rebounds on Chile earthquake, but demand concerns persist
BEIJING (Reuters) – China’s lithium prices rebounded on Friday after a powerful earthquake hit Chile’s major lithium producing region, although growing demand concerns weighed on the metal used in electric…
China’s Sinopec reports first-half crude throughput up only 0.1%
SINGAPORE (Reuters) – China Petroleum (OTC:SNPTY) and Chemical Corp (Sinopec (OTC:SHIIY)), Asia’s largest refiner, on Friday reported first-half crude throughput little changed year on year. The state refining giant processed…
Ukraine’s Zelenskiy attends UK cabinet, renews calls on long-range missiles
LONDON (Reuters) – Ukrainian President Volodymyr Zelenskiy addressed British government ministers on Friday, a rare appearance by a foreign leader at a cabinet meeting that new Prime Minister Keir Starmer…
Morning Bid: Volatility resurfaces, tech outage rankles
A look at the day ahead in U.S. and global markets from Mike Dolan Volatility is resurfacing as a turbulent week for world markets and politics was met on Friday…
First to hike, last to cut? BoE caution cossets pound: Mike Dolan
By Mike Dolan LONDON (Reuters) -First to hike, first to hit its inflation target – and the last to cut? It may be unwise to read too much into volatile…
Oil prices steady amid strong dollar, China economy worries
By Shariq Khan NEW YORK (Reuters) – Oil prices fell on Friday, setting up for a second weekly decline, as mixed economic signals weighed on investor sentiment and boosted the…
Dollar edges higher on safety bid; sterling drops after weak retail sales
Investing.com – The U.S. dollar rose slightly Friday, on course for a positive week, while sterling slipped after the release of weak retail sales data. At 04:10 ET (09:10 GMT),…
XAU/USD: Why Gold Prices Keep Rising and What’s Next
Spot gold prices climbed again on Thursday, driven by growing expectations that the Federal Reserve might start cutting rates by September as well as softer inflation figures and dovish hints…
Oil prices fall as strong dollar, worries over China weigh on sentiment
By Shariq Khan (Reuters) -Oil prices fell on Friday as a strong dollar, mixed economic signals and concern over China’s economy weighed on investor sentiment. Brent crude prices fell by…
Rising cooling demand to keep coal plants online this year, IEA says
By Forrest Crellin PARIS (Reuters) – Global electricity demand is set to grow at its fastest pace in nearly 20 years this year, spurred by increasing demand for air conditioning…
