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Brent futures settled up $1.81, or 1.89 per cent, at $97.81 a barrel
Oil prices rose nearly 2 per cent on Wednesday, extending the previous session’s gains, as hostilities in the Middle East erupted anew and talks between Tehran and Washington showed little progress.
Brent futures settled up $1.81, or 1.89 per cent, at $97.81 a barrel.
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Spot gold was down 0.9% to $4,447.09/oz, while gold futures dropped 1% to $4,475.01/oz
Gold prices edged lower on Wednesday amid a stronger dollar and higher interest rates.
At 13:42 GMT, spot gold was down 0.9% to $4,447.09/oz, while gold futures dropped 1% to $4,475.01/oz.
Against this backdrop, oil prices rose on Wednesday, boosting in...
The yen’s USD/JPY pair traded flat near 159.9 yen, after briefly notching the 160 threshold earlier in the session, a level that triggered Japanese currency intervention in April
Asian currencies were largely muted on Wednesday, while Japanese authorities stepped up warnings against excessive currency moves after the yen weakened beyond the closely wat...
The Dow Jones Industrial Average gained 0.45%, the S&P 500 added 0.13%, and the Nasdaq Composite advanced 0.03%
U.S. stocks rallied on Tuesday, buoyed by AI optimism, while oil prices edged higher amid rising uncertainty over a possible deal to end the Iran-U.S. war.
The U.S. president said talks with Iran continued. Iran is reviewing a prop...
The dollar index ticked up to 99.19, the euro edged up to $1.1633
The U.S. dollar steadied on Tuesday in a wait-and-see approach to Middle East peace talks, although broader geopolitical uncertainties kept traders on edge.
Investors have treated news of any progress toward ending the Iran war with caution, given the fragility of an Iran- U.S. c...