Oil edges lower in early Asian trade. Brent crude oil fell sharply after news that a framework for a ceasefire between Israel and Hamas had been agreed Friday, ANZ Research analysts say in a note. “This could see oil’s geopolitical risk premium wound back relatively quickly,” they say. However, supply disruption risks could provide some…
The dollar rose on safety bids on Monday in the wake of the attempted assassination of former U.S. President Donald Trump, which in turn left the yen struggling to stay afloat despite Tokyo’s suspected intervention efforts. Trading was thinned in Asia with Japan out for a holiday, though news of the Trump shooting dominated the…
Gold edged lower, as the dollar strengthened, following an attempted assassination attempt on Donald Trump over the weekend.The former president and Republican contender said he was shot in the right ear after gunfire erupted at a rally in Pennsylvania on Saturday, injecting more uncertainty into an already volatile campaign. Movements so far in wider financial markets suggest it may have…
