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Two More Oil Tankers Attacked Near Strait of Hormuz
Two more tankers were attacked near the Strait of Hormuz on Sunday, one in Hormuz and the other off ...
Asian shares are mixed and oil prices fall about $1.50 as Trump says US will buy diesel from Russia
BANGKOK (AP) — Asian shares were mixed and oil prices fell about $1. President Donald Trump’s plan t...
‘Worrying omens’ lurk over global economy despite resilient growth
Research for the FT shows major economies are withstanding the Iran shock but concerns about rising ...
WTI inches up above $92.00 on Qatari-mediated US-Iran talks, Saudi pipeline restart
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $92.05 during the early Asian trading hours on Tuesday.
GBP/JPY Price Forecast: Trendline caps recovery as range holds
The Pound-Yen cross-pair finds support near 207.60 and bounces towards a daily high of 208.99 before settling at around 208.66, gaining 0.14%.
Pound Sterling edges higher as the BoE's deputy governors lean toward a hike
The Bank of England (BoE) held the UK's Bank Rate at 3.75% on September 17 by six votes to three, and half of the six who voted to hold now say a hike may be needed.
Mexican Peso plunges as US-Mexico interest rate differential reduces
The Mexican Peso collapses against the US Dollar, depreciating on Monday as market mood sours amid stalled US-Iran talks. News headlines reported that a potential agreement is near, but officials deni ...
The scarcity trade is accelerating – And hard asset owners could be the biggest winners [Video]
The race to own the world’s most essential resources is accelerating and traders positioned before the next wave could have the most to gain.
Dow Jones Industrial Average gives back Friday's rally on a Boeing delay
A software bug at Boeing (BA) cost the Dow Jones Industrial Average more points than a record $150 billion buyback at Nvidia (NVDA) put back. The index closed just under 51,500, handing back about two ...
Nomi Prins: Fed rate hike doesn’t change Gold’s long-term outlook
On a recent episode of Money Metals Weekly Market Wrap, the Money Metals podcast, host Mike Maharrey spoke with Nomi Prins about higher interest rates, rising oil prices, Treasury market strain, and a ...
Forex Today: The RBA and Fedspeak grab all the attention
The US Dollar (USD) has stated the week with slight gains, resuming its recent uptrend and leaving behind Friday’s hiccup.
US 10-year yield revisits 2007 heights as curve flirts with inversion
US Treasury yields climb as energy prices remain high, amid US President Donald Trump's rejection of a peace agreement with Tehran.
Crude Oil round-trips between a rejected Iran plan and a sanctions offer
President Trump's rejection of Iran's seven-day plan for the Strait of Hormuz lifted Crude Oil to its best level since Thursday, and the whole rise was gone after a Saudi pipeline restart and a US off ...
GBP: Shorts at highs as Pound tracks Oil-led USD rally – Rabobank
Rabobank highlights that GBP net short positions have risen over 40%, reaching their highest level since August. The Bank of England kept the Bank Rate unchanged at 3.75% on September 18, in line with ...
Euro struggles as Fed rate-hike bets overshadow ECB tightening expectations
EUR/USD trades on the back foot on Monday, pressured by a stronger US Dollar (USD) as the US-Iran stalemate keeps Oil prices elevated, pushing US Treasury yields higher and strengthening expectations ...