Saudi economy minister says $600 billion package with US includes investments, procurement
DAVOS, Switzerland (Reuters) – Saudi Economy Minister Faisal Alibrahim said on Friday that the $600 billion of expanded investment and trade with the United States mentioned by Saudi Crown Prince…
Dollar strength likely to continue near term – UBS
Investing.com – The US dollar has been on a tear since its late-September 2024 lows, and UBS thinks this near-term strength is likely to persist in the first half of…
U.S. lawmakers are light on crypto heading into new Trump era
By Douglas Gillison, Tom Bergin, Chris Prentice and Isla Binnie WASHINGTON – President Donald Trump’s administration is expected to usher in a boom time for crypto but a Reuters review…
Morning Bid: Dollar swoons as BOJ hikes, euro zone grows, yuan relieved
A look at the day ahead in U.S. and global markets from Mike Dolan The dollar fell to its lowest of the year as the Bank of Japan delivered a…
Exclusive-Japan’s JERA plans to expand US LNG purchases to diversify energy supply
By Marwa Rashad DAVOS, Switzerland (Reuters) – Japan’s biggest top LNG buyer, JERA, plans to increase its purchases of liquefied natural gas from the United States to diversify its supply…
Dollar heads lower on Trump comments; euro gains after PMIs
Investing.com – The US dollar weakened Friday after US President Donald Trump indicated he would call for lower interest rates, while the euro surged after better than expected economic activity…
UBS sees more upside for gold prices as central banks remain key buyers
Investing.com — Gold demonstrated a strong performance in 2024, marking a 27% gain and reaching an all-time high of USD 2,788/oz on October 30. This increase represents the fifth straight…
Oil prices set to end week lower on Trump’s energy policies
By Laila Kearney and Gabrielle Ng (Reuters) -Oil prices were little changed on Friday but headed for a weekly decline after U.S. President Donald Trump issued a sweeping plan to…
Gold prices near record peak as dollar weakens on Trump’s rate-cut call
Investing.com– Gold prices jumped in Asian trading on Friday, hovering near record highs, as the dollar weakened following U.S. President Donald Trump’s call for immediate interest rate cuts, while looming…
Oil prices poised for weekly fall on Trump’s energy policies
By Laila Kearney and Gabrielle Ng (Reuters) -Oil prices were little changed on Friday but headed for a weekly decline after U.S. President Donald Trump issued a sweeping plan to…
