Oil prices are rising in favor of US oil, fuel stocks are falling, and the dollar is weakening

NEW YORK, Sept. 28 (Reuters) – Oil prices rose on Wednesday for a second day, rebounding from recent losses as the US dollar weakened recent gains and US fuel inventory data showed larger-than-expected declines and a rebound in consumer demand. Brent crude oil increased by $ 3.05, or 3.5%, at $ 89.32 a barrel. The … Read more

The pound sterling plummets after the BoE buys bonds, the dollar has peaked in 20 years

NEW YORK / LONDON, Sept. 28 (Reuters) – The pound sterling plunged against the dollar on Wednesday before recouping losses after the Bank of England (BOE) said it would step in to support the government bond market and the dollar index touched a fresh 20 the annual high turnover was unstable. BOE said it would … Read more

The dollar is resting even as interest rate fears weaken the risk appetite

NEW YORK / LONDON 27 September (Reuters) – The dollar made little progress in Tuesday’s session, while appetite for more risky betting continued to be weak as Federal Reserve policymakers spoke of further interest rate hikes. The dollar was against the euro but depreciated against the British pound and the Japanese yen, noting central banks … Read more

Wall St deep into a bear market as the S&P 500 hits a new two-year low

The S&P 500 hit its lowest level since November 2020. Interest rate sensitive technologies, growth stocks pay off Energy reserves among the rare gainers Down Indices: Dow 0.56%, S&P 0.48%, Nasdaq 0.20% Sep. 27 (Reuters) – Major Wall Street indices plunged into bear markets on Tuesday as early stock price increases weakened after Federal Reserve … Read more

The raging dollar holds its breath as the bears prepare stocks

Sign up now for FREE unlimited access to Reuters.com Register HONG KONG, Sept. 27 (Reuters) – Asian markets tried to stabilize on Tuesday after a crazy couple of days during which most assets, except for the dollar, fell as the dollar eased slightly and equities fell. The pound sterling, which fell to a record low … Read more

Oil prices drop on the second day due to concerns about the expected recession

The oil barrel model can be seen in front of the rising stock chart in this image, July 24, 2022. REUTERS / Dado Ruvic / Illustration Sign up now for FREE unlimited access to Reuters.com Register Sep 26 (Reuters) – Oil prices dropped on the second day of Monday amid concerns over lower fuel demand … Read more

Pound sterling drops to record lows, dollar soars on UK fiscal unrest

A woman is holding British pound banknotes in this picture from May 30, 2022. REUTERS / Dado Ruvic / Ilustracja / Sign up now for FREE unlimited access to Reuters.com Register TOKYO, Sept. 26 (Reuters) – The pound sterling plunged to a record low on Monday as traders rushed to exits amid speculation that the … Read more

Sterling collapses when investors run for dollars

Sign up now for FREE unlimited access to Reuters.com Register The pound sterling hits a record low; BOE reaction risk the euro down 1%; Aussie, kiwi, yuan hit their multi-year lows S&P 500 futures down 0.6% SYDNEY, Sept. 26 (Reuters) – The pound sterling dropped to a record low on Monday, sparking speculation about the … Read more