Category: International News

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Oil mixed, but solid U.S. demand underpins sentiment

18 Views Oil prices were mixed on Thursday, paring earlier gains, as some investors scooped up profits from the recent rally while solid demand in the United States and a switch to fuel oil from...

DOLLAAARRR

Dollar wavering as global inflation surges; kiwi jumps

28 ViewsThe dollar made a wobbly start to the week on Monday with the kiwi and sterling edging higher after a red-hot inflation readout in New Zealand and hawkish remarks from Britain’s central bank...

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Oil rises on bigger-than-expected draw in U.S. fuel stocks

35 Views  Oil prices climbed on Thursday, reversing previous losses, as a bigger-than-expected draw in U.S. gasoline and distillate stocks prompted buying. Prices were also buoyed by expectations that soaring natural gas prices as...

DOLLAR YEN

Yen slumps as rising energy prices, U.S. yields bite

23 ViewsThe yen hit a fresh three-year low on Tuesday, extending a sharp slide as traders wagered surging energy prices would drive Japan’s demand for dollars and as they doubled down on expectations U.S....