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WTI falls to near $65.50 as prevailing trade tensions boost demand concerns
West Texas Intermediate (WTI) Oil price extends its losses for the third successive session, trading around $65.50 during European hours on Tuesday. The price of the black gold depreciates as ongoing trade tensions boost fears about the demand outlook.
Fxstreet
Tue, Jul 22
Japan bonds drift higher as traders assess fiscal fallout from coalition defeat
TOKYO, July 22 (Reuters) - Japanese government bonds drifted higher on Tuesday as investors returning from a long holiday weekend assessed the fiscal implications of the ruling coalition's recent election defeat.
Reuters
Tue, Jul 22
EXCLUSIVE-Indonesia plans $8 bln refineries contract with US firm amid tariffs deal, sources say
Planned contract with KBR Inc to build 17 modular refineries, presentation showsJakarta banking on regional industry relocations to Indonesia due to lower US tariffIndonesia could see 0.5% boost to GDP due to US deal, minister tells businessesUS companies like Apple, General Electric will benefit fr...Reuters
Tue, Jul 22
RBA Minutes: Board agreed further rate cuts warranted over time
The Reserve Bank of Australia (RBA) published the Minutes of its July monetary policy meeting on Tuesday, highlighting that the board agreed further rate cuts warranted over time and focus was on timing and extent of easing.Fxstreet
Tue, Jul 22
US Treasury Sec. Bessent calls for deeper bank regulatory reforms - Reuters
US Treasury Secretary Scott Bessent said on Monday that deeper reforms of an antiquated financial regulatory system are needed and regulators should consider abandoning ‘flawed’ dual capital requirements for banks, per Reuters.Fxstreet
Tue, Jul 22
As US wildfires rage, Trump staff cuts force firefighters to clean toilets, critics say
US Forest Service downsizes, loses 15% of workforceFirefighters face shortages after 1,400 support staff leave, critics sayUSFS says firefighters ready for above-normal fire year predictionBy Andrew HayJuly 21 (Reuters) - The U.S. Forest Service faced criticism from current and former employees who ...Reuters
Mon, Jul 21
Spain's BBVA says expects acceptance period for Sabadell bid to start in September
MADRID, July 21 (Reuters) - Spain's BBVA BBVA.MC expects the acceptance period for its takeover bid for smaller rival Sabadell SABE.MC to start in early September, rather than at the end of July as initially planned, a spokesperson for BBVA said on Monday.The spokesperson for BBVA said this woul...Reuters
Mon, Jul 21
