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Crude oil posted a modest gain as traders remained wary over the prospects for a Middle East deal, tempering the mood ahead of crucial US inflation data. Sentiment toward technology stocks remained buoyant, with CoreWeave Inc. shares surging after the company bolstered its outlook.
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USD/JPY trades just beneath 159.50 on Tuesday August 11, effectively unchanged inside a 47-pip range, wedged between a reclaimed 200-day moving average near 158.00 and a declining 50-day near 160.50.
Oil steadied after a four-day gain as traders monitored efforts for a deal that could help restore energy flows through the Strait of Hormuz.
My neighbour is going to extend his house by about 10ft and build right up to the border. He will need to remove the fence that separates our properties.
This press release contains forward-looking information that is based upon assumptions and is subject to risks and uncertainties as indicated in the cautionary note contained within this press…