trading
Trading
European stocks edge higher as investors weigh impact of French govt collapse
Trading
Oil slightly firmer ahead of OPEC+ supply decision
Trading
Euro wobbles as political turmoil dents sentiment; bitcoin scales $100,000
Trading
Stocks gain, dollar steady; Wall Street shrugs off global political turmoil
Oil prices edge up ahead of imminent OPEC+ decision; geopolitical turmoil in focus
Date: December 4, 2024
By Arunima Kumar (Reuters) – Oil prices rose slightly on Wednesday, with traders expecting OPEC+ to announce an extension to supply cuts this week while heightened geopolitical tensions continue to dominate market sentiment. Brent crude futures rose 38 cents, or 0.5%, to $74.00 a barrel by 1428 GMT, while U.S. West Texas Intermediate crude futures...
Euro steady ahead of French no-confidence vote, South Korean won rebounds
Date: December 4, 2024
By Kevin Buckland and Alun John TOKYO/LONDON (Reuters) -The euro marked time on Wednesday as a French no-confidence vote inched closer, while the Australian dollar tumbled to a four-month low on slowing economic growth and the won rebounded after South Korea’s president backed down after declaring martial law. The European common currency was holding steady...
Oil prices steady ahead of imminent OPEC+ decision; geopolitical turmoil in focus
Date: December 4, 2024
By Arunima Kumar (Reuters) -Oil prices were little changed on Wednesday, with traders expecting OPEC+ to announce an extension to supply cuts this week while heightened geopolitical tensions continue to dominate market sentiment. Brent crude futures were up 5 cents, or 0.07%, at $73.67 a barrel by 1214 GMT while U.S. West Texas Intermediate crude...
Euro steady ahead of French no-confidence vote, won roiled by political crisis
Date: December 4, 2024
By Kevin Buckland and Alun John TOKYO/LONDON (Reuters) – The euro marked time on Wednesday ahead of France’s no- confidence vote, while the Australian dollar tumbled to a four-month low on slowing economic growth and the won rebounded after South Korea’s president backed down after declaring martial law. The European common currency was holding steady...
South Korea lifts martial law, relieving some market uncertainty
Date: December 4, 2024
By Stephen Culp NEW YORK (Reuters) -A surprise declaration of martial law in Korea that had sent the won plummeting and gave U.S. Treasuries a brief safe-haven boost was lifted on Tuesday, removing one source of geopolitical jitters for world markets to contend with. The move gave a modest boost to U.S. stocks, which were...
Euro gains as crisis comes to a head; South Korean won cuts losses as martial law lifted
Date: December 4, 2024
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The euro rose modestly against the U.S. dollar on Tuesday, as political turmoil in France sent traders scrambling for hedging protection against further price swings, with some market participants noting that the crisis could be nearing the end. The South Korean won, meanwhile, was one of the biggest movers,...