By Tommy Wilkes LONDON (Reuters) – The dollar rose towards 2 1/2-month highs on Tuesday, supported by worries about an escalation of the Sino-U.S. trade war. The euro, pushed lower by the stronger dollar, slipped as traders prepared for a swathe of data, including euro zone GDP and German inflation. Investors bought into the dollar […]
By Tom Finn LONDON (Reuters) – The euro fell toward a two-month low on Tuesday before a meeting by the European Commission on Italy’s budget that could see Brussels take the unprecedented step of rejecting it and demanding changes. A dispute over Italy’s spending plans and doubts about the leadership of Britain’s prime minister, mired […]
By Henning Gloystein SINGAPORE (Reuters) – Oil prices dipped on Tuesday after Saudi Arabia pledged to play a “responsible role” in energy markets, although sentiment remained nervous in the run-up to U.S. sanctions against Iran’s crude exports that start next month. Front-month Brent crude oil futures (LCOc1) were at $79.62 a barrel at 0427 GMT, […]
WASHINGTON (Reuters) – Every Federal Reserve policymaker backed raising interest rates last month in a meeting where they also generally agreed borrowing costs were set to rise further, according to minutes from the meeting released on Wednesday. The hike was the third of this year and the display of unanimity at the Sept. 25-26 meeting […]
By Christopher Johnson LONDON (Reuters) – Oil prices rose on Tuesday as more evidence emerged that crude exports from Iran, OPEC’s third-largest producer, are declining before the imposition of new U.S. sanctions and as a hurricane moved across the Gulf of Mexico. Benchmark Brent crude was up 55 cents at $84.46 a barrel by 0730 […]
By Tom Finn LONDON (Reuters) – The euro languished near a seven-week low on Tuesday as concerns about a row in the European Union over Italy’s budget persisted. The euro has tended not to budge in response to spikes in Italian bond yields triggered by developments in the dispute, with investors judging that Rome’s spending […]
