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Dollar, U.S. yields fall on Fed comments; Brexit casts shadow

3 hours ago DieselGasoil Comments Off on Dollar, U.S. yields fall on Fed comments; Brexit casts shadow
NEW YORK (Reuters) – The U.S. dollar weakened and Treasury yields pulled back on Friday after a top Federal Reserve official said U.S. interest rates are near a neutral rate, while continued uncertainty over Brexit clouded currency and other markets. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, Read More

Europe has economic woes of its own beyond Brexit

5 hours ago DieselGasoil Comments Off on Europe has economic woes of its own beyond Brexit
Business and City folk who spend much time travelling, when asked about how the rest of Europe looks at the Brexit issue, report two key trends. The first, understandably enough, is that Europeans cannot stop laughing at the ineptitude of Britain’s political class or shaking their heads in disbelief at the way one of the Read More

Taiwan's Iranian crude oil imports to fall 40% on year to 6 mil barrels in 2018

11 hours ago DieselGasoil Comments Off on Taiwan's Iranian crude oil imports to fall 40% on year to 6 mil barrels in 2018
Singapore — Taiwan’s Iranian crude oil imports would be capped at 5.99 million barrels in 2018, down 40% from the 9.95 million barrels in 2017 due to the snapback of US sanctions on Iran. Taiwan received 1.99 million barrels, or 66,381 b/d of Iranian crude oil in September — its third cargo so far this Read More

Sterling gripped by Brexit crisis; yen enjoys safety bid

15 hours ago DieselGasoil Comments Off on Sterling gripped by Brexit crisis; yen enjoys safety bid
SINGAPORE (Reuters) – The British pound struggled to stay afloat in Asian trade on Friday having suffered a tumultuous slide overnight, as investors feared political turmoil in the country could see it crash out of the European Union without a divorce deal. FILE PHOTO: British five pound banknotes.November 14, 2017. REUTERS/Benoit Tessier/File Photo Both the Read More

Sterling reels on deepening Brexit crisis; yen gains

17 hours ago DieselGasoil Comments Off on Sterling reels on deepening Brexit crisis; yen gains
SINGAPORE (Reuters) – Investors in the British pound remained on edge in early Asian trade on Friday after the currency suffered a tumultuous slide overnight on fears the country could crash out of the European Union without a divorce deal. FILE PHOTO: British five pound banknotes.November 14, 2017. REUTERS/Benoit Tessier/File Photo Both the and the Read More

Will old Swedish parties destroy their political system just to stop anti-migrant Sweden Democrats?

1 day ago DieselGasoil Comments Off on Will old Swedish parties destroy their political system just to stop anti-migrant Sweden Democrats?
Sweden’s establishment parties are relying on magical thinking and a game of chicken to keep power after an election brought deadlock. But whatever coalition they stitch together, they risk damaging the country – and themselves. And any path the mainstream parties choose now, the Sweden Democrats – the anti-migrant, anti-Islam outcasts that have shattered Sweden’s Read More

British Brexit turmoil spooks investors, boosts dollar, yen

1 day ago DieselGasoil Comments Off on British Brexit turmoil spooks investors, boosts dollar, yen
LONDON (Reuters) – The dollar jumped and traders bought into the safe-haven yen on Thursday after Britain’s Brexit deal with the European Union was plunged into uncertainty, spooking investors across currency markets. U.S. dollars and other world currencies lie in a charity receptacle at Pearson international airport in Toronto, Ontario, Canada June 13, 2018. REUTERS/Chris Read More

Dollar, yen gain as British Brexit turmoil spooks investors

1 day ago DieselGasoil Comments Off on Dollar, yen gain as British Brexit turmoil spooks investors
LONDON (Reuters) – The dollar jumped and traders bought into the safe-haven yen on Thursday after Britain’s Brexit deal with the European Union was plunged into uncertainty, spooking investors. A two Euro coin is pictured next to an English ten Pound note in an illustration taken March 16, 2016. REUTERS/Phil Noble/Illustration/File Photo The resignation of Read More

Euro extends gains as Italian concerns take back seat

1 day ago DieselGasoil Comments Off on Euro extends gains as Italian concerns take back seat
LONDON (Reuters) – The euro strengthened on Thursday as investors cautiously welcomed Britain’s draft Brexit deal with the European Union and concerns about the Italian budget stand-off eased. FILE PHOTO: Dollar, Euro and Pound banknotes are seen in this picture illustration taken April 28, 2017. REUTERS/Dado Ruvic/Illustration Most currencies traded in tight ranges at the Read More