Tag: Oil

© Reuters. FILE PHOTO: Federal Reserve Chair Jerome Powell testifies before the Senate Banking Committee in Washington, U.S., March 3, 2022. Tom Williams/Pool via REUTERS WASHINGTON (Reuters) -The Federal Reserve will “keep pushing” to tighten U.S. monetary policy until it is clear that inflation is declining, Fed Chair Jerome Powell said on Tuesday. “What we…

© Reuters. FILE PHOTO: Sales persons wait for customers at a gold jewelry showroom in Chandigarh, India, November 9, 2016. REUTERS/Ajay Verma By Ashitha Shivaprasad (Reuters) – Gold rose slightly on Monday as a retreat in U.S. Treasury yields offset headwinds from a relatively firm dollar, which, along with looming interest rate hikes, earlier pushed…

© Reuters. FILE PHOTO: The city skyline of Incheon is pictured early morning in an aerial view south of Seoul, South Korea, January 21, 2018. REUTERS/ Fabrizio Bensch SEOUL (Reuters) -South Korea’s government bond futures plunged early on Monday after the central bank chief kept the door open for a bigger interest rate increase than…

© Reuters. A cable is seen near residential buildings under construction in Beijing, China April 20, 2018. REUTERS/Jason Lee BEIJING (Reuters) -Chinese financial authorities on Sunday allowed a further cut in mortgage loan interest rates for some home buyers, in another push to prop up its property market and revive a flagging engine of the…

2/2 © Reuters. FILE PHOTO: A man holding an umbrella looks at an electronic stock quotation board outside a brokerage in Tokyo April 7, 2015. REUTERS/Issei Kato 2/2 By Elizabeth Dilts Marshall NEW YORK (Reuters) – Global shares rose on Friday as Wall Street rallied to end a volatile week of trading, while oil jumped…

© Reuters. FILE PHOTO: A goldsmith wearing a protective face mask arranges golden bangles as the other talks to customers at a jewellery shop at the Grand Bazaar in Istanbul, Turkey, August 6, 2020. REUTERS/Murad Sezer By Ashitha Shivaprasad (Reuters) – Gold fell more than 1% on Friday and is set for its fourth straight…

© Reuters. FILE PHOTO: A tyre is pictured in a tyre specialist center in Turin, March 18, 2014. REUTERS/Giorgio Perottino By Giulio Piovaccari MILAN (Reuters) -Pirelli said on Tuesday it had sought alternative suppliers, increased stocks and shifted production since March to mitigate the impact of Russia’s invasion of Ukraine. Russia, where the Italian tyremaker…

4/4 © Reuters. Travelers line up to board a Hawaii-bound flight from Tokyo’s Haneda International Airport during Japan’s “Golden Week” holidays, in Tokyo, Japan April 29, 2022. REUTERS/Maki Shiraki 2/4 By Maki Shiraki TOKYO (Reuters) -Japan’s airlines are betting on a travel recovery this summer after the COVID-19 doldrums, as many Japanese look to head…

© Reuters. FILE PHOTO: A woman exits the ground floor of an office building with Westpac logo amidst the easing of the coronavirus disease (COVID-19) restrictions in the Central Business District of Sydney, Australia, June 3, 2020. Picture taken June 3, 2020. REUTE By Savyata Mishra (Reuters) -Australia’s Westpac Banking (NYSE:WBK) Corp on Monday said…

© Reuters. Russian Rouble coins are seen in front of displayed Ukrainian’s and Russia’s flag colours in this illustration taken, February 24, 2022. REUTERS/Dado Ruvic/Illustration/Files (Reuters) -The Russian rouble hit a more than two-year high against the euro before easing on Friday and hovered near 67 versus the dollar, supported by capital controls and weak…