EN
Contact Us: info@spmarkets.com
Dollar firm on upbeat U.S. data; pound and euro hit the skids

Dollar firm on upbeat U.S. data; pound and euro hit the skids

The dollar was firm on Wednesday after upbeat U.S. data tempered expectations of aggressive policy easing by the Federal Reserve later this month, while the struggling pound and euro also provided additional impetus to the greenback.
China refiners curb fuel output after massive new plants stoke glut

China refiners curb fuel output after massive new plants stoke glut

China's fuel producers are making extended curbs to their output in the third quarter after supply from mammoth new refineries stoked an already-sizeable glut, potentially dragging on crude oil demand from the world's biggest importer of the commodity.
Trump administration loses bid to lift bar on funds for border wall

Trump administration loses bid to lift bar on funds for border wall

A federal appeals court on Wednesday refused to lift an injunction barring the Trump administration from using $2.5 billion intended for the fight against illegal narcotics to build a wall along the southern U.S. border with Mexico.
Oil Tankers Dodge Top Mideast Refueling Hub After Ship Attacks

Oil Tankers Dodge Top Mideast Refueling Hub After Ship Attacks

Oil tanker owners are avoiding sending their ships to the Middle East’s main refueling hub after a spate of attacks on vessels in the past two months ratcheted up tensions and highlighted the growing risks of operating in the region.