SINGAPORE (Reuters) - The dollar bounced off a two-year low on Tuesday as selling pressure faded ahead of a Federal Reserve meeting and as political wrangling over the next U.S. fiscal rescue package moved closer to a conclusion.
MELBOURNE (Reuters) - Oil prices rose for a third straight day on Tuesday, buoyed by support for demand coming from efforts to stimulate the U.S. economy’s recovery from the coronavirus crisis and a weakening of the dollar that makes crude cheaper for global buyers.
BEIJING (Reuters) - Profits at China’s industrial firms rose for a second straight month and at the fastest pace in over a year, adding to signs the country’s economic recovery from the coronavirus crisis is gaining momentum.
BEIJING (Reuters) - Profits at China’s industrial firms in June rose 11.5% year-on-year to 666.55 billion yuan ($95.27 billion), the statistics bureau said on Monday, adding to signs the country’s economic recovery is gaining momentum.
SINGAPORE (Reuters) - The dollar began the week under pressure from all corners as intensifying Sino-U.S. tensions added to worries that the coronavirus resurgence in United States could undermine the recovery in the world’s biggest economy.
SINGAPORE (Reuters) - Oil prices edged down on Monday as rising coronavirus cases and tensions between the United States and China pushed investors toward safe-haven assets.
