Oil Holds Gain With Stockpile Data and Iran Sanctions in Focus
Oil held a gain as an industry report showed shrinking US crude stockpiles, and traders tracked progress toward fresh sanctions on Iran.
Oil held a gain as an industry report showed shrinking US crude stockpiles, and traders tracked progress toward fresh sanctions on Iran.
Japan is on the brink of currency intervention if the yen weakens any further, according to one of the country’s former top currency officials.
Former US President Donald Trump met former Japanese Prime Minister Taro Aso on Tuesday night in New York amid rising concerns over the dollar hovering around a 34-year high versus the yen.
Silchester International Investors, a London-based firm that has advocated for corporate change in Japan, disclosed it has taken a stake in Nikon Corp., pushing the shares up by the most in almost three years.
Gold was steady ahead of US data due later this week that may shed more light on the Federal Reserve’s rate path.
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