Oil prices jump more than 2.5% as Israel, US vow retaliation for Iran attack

By Paul Carsten LONDON (Reuters) – Oil prices climbed more than 3% on Wednesday as Israel and the United States vowed retribution over Iran’s biggest ever direct attack on its…

Citi predicts mixed outcomes for USD ahead of jobs report

Citi has provided commentary on the potential impact of the upcoming jobs report on the USD. The report, which is set to be released on Friday, has markets anticipating various…

Dollar holds gains as war widens in Middle East, rallies against yen

By Harry Robertson and Tom Westbrook LONDON/SYDNEY (Reuters) -The dollar held on to its biggest gains in a week on Wednesday after an Iranian missile attack on Israel drove the…

Oil prices jump more than 3% as Middle East tensions escalate

By Paul Carsten LONDON (Reuters) -Oil prices climbed more than 3% on Wednesday on rising concerns that Middle East tensions could escalate, potentially disrupting crude output from the region, following…

OPEC+ set to keep output policy unchanged at panel meeting

By Alex Lawler, Ahmad Ghaddar and Maha El Dahan LONDON/DUBAI (Reuters) – An OPEC+ ministerial panel scheduled to meet on Wednesday is unlikely to recommend any changes to policy, allowing…

HSBC lowers EUR-AUD trade target, stop-loss

HSBC Global Research has adjusted its position on the EUR-AUD currency pair, setting a lower target and stop-loss levels for its sell trade idea. On the other hand, the firm…

Morning Bid: MidEast tension, port strike see edgy Q4 start

A look at the day ahead in U.S. and global markets from Mike Dolan With Middle East tensions dialing back up, U.S. port workers on strike and global industry under…

Bank of England says global asset prices remain ‘stretched’

By David Milliken and Suban Abdulla LONDON, Oct 2 (Reuters) – Global asset prices remain stretched and are vulnerable to a big fall as investors grow more concerned about geopolitical…

UBS wary of chasing dollar weakness ahead of payrolls

Investing.com – The price of Brent soared and equity markets suffered weakness in response to the Iranian missile attacks on Israel, but the US dollar gains were more muted, noted…

Middle East energy flows not expected to be interrupted by rising tensions – UBS

Investing.com — Escalating tensions in the Middle East following an aerial attack on Israel by Iran will not lead to sustained interruptions in energy flows out of the oil-rich region,…