US dollar rally unlikely to be sustained going forward – UBS
Investing.com – The U.S. dollar has been in demand of late, climbing close to its highest level of the year. However, this rally is unlikely to be sustained in the…
Oil prices supported by Middle East tensions ; US inventory build limits gains
Investing.com — Oil prices edged higher Thursday as concerns over Middle East tensions weighing on global supplies overshadowed a surprise build in U.S. inventories. At 07:35 ET (11:35 GMT), Brent…
Bruised yen mired near 1986 low with eye on intervention
By Rae Wee and Amanda Cooper SINGAPORE/LONDON (Reuters) -The yen languished near a 38-year low on the weaker side of 160 per dollar on Thursday, keeping traders on alert for…
South African rand drops on news report of discord over cabinet posts
JOHANNESBURG (Reuters) -The South African rand fell sharply on Thursday as traders were spooked by a local media report that there was a major disagreement between the pro-business Democratic Alliance…
Exclusive-US Treasury, USAID call in development banks for urgent talks on extreme heat
By David Lawder WASHINGTON (Reuters) – The U.S. Treasury and the U.S. Agency for International Development are calling leaders of multilateral development banks into an urgent meeting on extreme heat…
Morning Bid: US TV faceoff eyed, ailing yen steadies
A look at the day ahead in U.S. and global markets from Mike Dolan With a frenetic week of politicking ahead in the United States, France and Britain, world stock…
Oil edges higher as Middle East risks offset US demand concerns
By Noah Browning LONDON (Reuters) -Oil prices edged up on Thursday as supply disruption risks from rising geopolitical tensions in the Middle East helped to counter demand fears after a…
Canada’s Trans Mountain bets on last-minute oil shippers on high-cost pipeline
By Nia Williams (Reuters) – Canada’s Trans Mountain oil pipeline will rely heavily on last-minute shippers to turn a profit, the corporation’s financial projections show, clouding Ottawa’s efforts to sell…
Oil steady as US demand flags but Middle East risk mounts
By Noah Browning LONDON (Reuters) -Oil prices were largely steady on Thursday as a surprise build in U.S. stockpiles fuelled fears about slow demand from the world’s top oil consumer…
Turkey’s Simsek to speak at FATF watchdog meeting in Singapore, state media says
ISTANBUL (Reuters) – Turkish Finance Minister Mehmet Simsek will speak at Financial Action Task Force meeting in Singapore, Turkish state media said on Thursday, ahead of a decision by the…
