Column-Dollar is only winner from China-West trade war: McGeever

By Jamie McGeever ORLANDO, Florida (Reuters) – The only “winner” from a possible all-out trade war between the West and China will probably be the U.S. dollar. Uncertainty around global…

South African rand rallies on hope DA and ANC can agree on cabinet posts

JOHANNESBURG (Reuters) -The South African rand rallied on Friday on optimism that the Democratic Alliance (DA) and African National Congress (ANC) would reach an agreement over cabinet positions, a day…

Trafigura, Gunvor demand sparks jump in Brent oil benchmark

By Alex Lawler LONDON (Reuters) – Trading houses Trafigura and Gunvor bought nine cargoes of crude that underpin the international Brent benchmark in the last week and bid for more,…

Oil steadies after US inflation data lifts rate cut hopes

By Arunima Kumar BENGALURU (Reuters) – Oil prices rose on Friday and were on course for a third straight weekly jump, buoyed by growing expectations that the U.S. Federal Reserve…

Oil prices to stay steady as China demand woes offset Mideast risks

By Rahul Paswan and Kavya Balaraman (Reuters) -Oil prices will not change much in the second half of 2024 as concerns around demand from China and prospects of higher supply…

Oil prices set for strong June; geopolitical tensions add risk premium

Investing.com — Oil prices rose Friday and were headed for strong gains in June as fears of supply disruptions in Russia and the Middle East largely offset concerns over slowing…

Oil prices to stay steady as China demand woes offset Mideast risks- Reuters poll

By Rahul Paswan and Kavya Balaraman (Reuters) – Oil prices will not change much in the second half of 2024 as concerns around demand from China and prospects of higher…

Climate activists plan protests at Citi’s New York headquarters

By Makailah Gause (Reuters) – Climate activists are planning a march targeting Citigroup’s headquarters in New York on Friday, part of what they call a “Summer of Heat” campaign. More…

Morning Bid: Parsing Biden TV flop, France poll, PCE time

A look at the day ahead in U.S. and global markets from Mike Dolan If TV debates decided elections, world markets seem remarkably calm about the prospect of a Donald…

Oil up ahead of US inflation data, set for third weekly gain

By Arunima Kumar BENGALURU (Reuters) -Oil prices rose on Friday and were on course for a third straight weekly jump buoyed by growing expectations that the U.S. Federal Reserve will…