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Commodities

Europe edges higher as U.S. shutdown resolution nears; German inflation cools, Bayer jumps

European equities extended gains Wednesday, buoyed by signs Washington is close to ending the record U.S. government shutdown and by a steady stream of supportive corporate updates. By 08:10 GMT, Germany’s DAX rose 0.8%, France’s CAC 40 0.5%, and the U.K.’s FTSE 100 0.2%. Macro backdrop: shutdown optimism, cooler German …

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Oil Prices Rebound as Global Demand Outlook Brightens

Oil prices rose on Tuesday, recovering from recent declines as optimism about global demand returned and concerns over slowing growth began to ease. The energy market found support from expectations that consumption will remain steady through the coming months, especially as winter demand picks up across major economies.West Texas Intermediate …

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Dollar Weakens as Fed Rate-Cut Hopes Grow and Government Deal Optimism Builds

The US dollar continued its downward slide on Tuesday, reaching fresh monthly lows as weaker-than-expected employment data renewed speculation that the Federal Reserve could move toward further policy easing. Markets were also buoyed by growing optimism that a deal to end the ongoing US government shutdown might soon be reached, …

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Markets Await Key Job Reports as Hopes Rise for End to U.S. Government Shutdown

The U.S. dollar started the week without a clear direction as investors grew more optimistic about a possible breakthrough to end the ongoing 40-day federal government shutdown. Market sentiment showed signs of stabilization, with traders turning their attention to fresh economic data releases that could shape expectations for the Federal …

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Oil rises as shutdown-end hopes lift demand outlook; supply overhang tempers gains

Oil prices edged higher Monday, supported by signs the U.S. government shutdown could soon end—potentially improving demand in the world’s largest crude consumer—while persistent supply concerns capped the move. By 07:51 GMT, Brent was up $0.39 (+0.61%) at $64.02/bbl and WTI gained $0.43 (+0.72%) to $60.18/bbl. The bid followed a …

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