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Market Economy
Commodities
Oil drops as Trump announces Venezuela will supply US with crude
2026-01-07 13:03PM UTC
Oil prices fell on Wednesday after US President Donald Trump announced that the United States had reached an agreement to import up to $2 billion worth of Venezuelan crude oil, a move expected to increase supplies for the world’s largest oil consumer.
Brent crude futures slipped 11 ...
Forex
Dollar edges up against euro as focus turns to data
2026-01-07 11:59AM UTC
The dollar moved within narrow ranges on Wednesday, ahead of a series of US economic data releases that could shape Federal Reserve interest rate expectations, a factor traders view as more influential for currency markets than ongoing geopolitical tensions.
Markets largely ignored the ...
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