By Henning Gloystein and Roslan Khasawneh SINGAPORE (Reuters) – Oil prices fell 1 percent on Monday after U.S. companies added rigs for the first time this year, a signal that crude output may rise further, and as China, the world’s second-largest oil user, reported additional signs of an economic slowdown. International Brent crude oil futures […]
LONDON (Reuters) – The euro edged down on Monday as investors bought the dollar and prepared for volatile markets ahead of U.S.-China trade talks and a Federal Reserve policy decision. Investors are focused on Wednesday’s Fed meeting when policymakers are expected to signal a pause in their tightening cycle and to acknowledge growing risks to […]
By Henning Gloystein SYDNEY/SINGAPORE (Reuters) – Oil prices rose on Friday as turmoil in Venezuela triggered concerns that its crude exports could soon be disrupted. Washington on Thursday signaled it could impose sanctions on Venezuela’s oil exports as Caracas descends further into political and economic turmoil. Brent crude oil futures were at $61.62 a barrel […]
By Huw Jones LONDON (Reuters) – British lawmakers launched an inquiry on Friday to plot the best way forward for finance after Brexit as Goldman Sachs (NYSE:GS) warned it could cut jobs if the United Kingdom crashes out of the bloc without an agreement in two months’ time. The inquiry will determine if the country […]
By Guy Faulconbridge and Kate Holton LONDON (Reuters) – Queen Elizabeth has sent a delicately coded message to Britain’s factious political class over Brexit, urging lawmakers to seek common ground and grasp the big picture to resolve the crisis. With the clock ticking down to March 29, the date set in law for Britain to […]
By Ernest Scheyder YERINGTON, Nev. (Reuters) – Once seen as a laggard in the global mining industry, U.S. copper deposits have quietly drawn more than $1.1 billion in investments from small and large miners alike as Tesla and other electric carmakers scramble for more of the red metal. Four U.S. copper projects are set to […]
By Peter Hobson LONDON (Reuters) – European finance ministers have rejected a proposal to ease new liquidity rules for banks trading gold, the London Bullion Market Association (LBMA) said. The industry says the planned rules could force some players out of the market. Due to take effect in the European Union around 2022, they form […]
By Nikhil Nainan (Reuters) – Investors turned bullish on China’s yuan for the first time in nearly eight months, a Reuters Poll showed, after Sino-U.S. trade tensions took a turn for the worse last year and consumed global markets for much of 2018. Long positions on the yuan rose to their highest since mid-May, the […]
By Saikat Chatterjee LONDON (Reuters) – The dollar held near a three-week high on Wednesday after the Bank of Japan left monetary policy unchanged, boosting risk appetite and sending the yen lower. With Tokyo sounding a cautious note on the outlook for global growth, attention shifted to the European Central Bank, which meets on Thursday. […]
By Henning Gloystein SINGAPORE (Reuters) – Oil prices inched up on Wednesday after China said it would raise spending to stem an economic slowdown that has been weighing on financial markets. International Brent crude oil futures were at $61.85 per barrel at 0624 GMT, up 35 cents, or 0.6 percent, from their last close. U.S. […]
