Oil prices rebounded on Wednesday, snapping three straight sessions of decline, as falling U.S. crude inventories and growing supply risks from wildfires in Canada boosted prices. Brent crude futures for September rose 37 cents, or 0.5%, to $81.38 a barrel by 0343 GMT. U.S. West Texas Intermediate crude for September increased 38 cents, or 0.5%,…
Japanese stocks plummeted on Wednesday, tracking US market declines, as disappointing technology earnings overshadowed a yen rally to a six-week high ahead of a potential rate hike at next week’s central bank meeting. The Nikkei 225 dropped 1.11%, or 439.54 points, to 39,154.85. Traders had hoped tech earnings would extend the global stock rally, but…
Gold prices inched higher on Wednesday, with investors awaiting U.S. economic data that could influence the Federal Reserve’s rate-cut timeline. Spot gold was up 0.3% at $2,416.62 per ounce, as of 0402 GMT. U.S. gold futures gained 0.4% to $2,417.10. Investors expect key U.S. data releases this week, including the second-quarter gross domestic product (GDP)…
