EPA grants refiners highest level of biofuel waivers since 2017
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Euro holds gains above 1.1600 ahead of Eurozone HICP inflation data
The EUR/USD pair trades with mild gains around 1.1620 during the early Asian session on Tuesday. The US Dollar (USD) strengthens against the Euro (EUR) despite a hawkish Jackson Hole speech from Federal Reserve (Fed) Chair Kevin Warsh.
Ringgit opens lower amid elevated US treasury yields
KUALA LUMPUR: The ringgit opened lower against the US dollar on Tuesday amid elevated US Treasury yields and uncertainty over the US Federal Reserve’s (Fed) interest rate outlook, said an analyst.
Australian Markets Modestly Lower
(RTTNews) - The Australian stock market is modestly lower on Tuesday, extending the losses in the previous session, following the broadly negative cues from Wall Street overnight.
Down 14% From Its High, Is Genesis Energy a Buy?
Genesis Energy is in a correction, but it's also showing signs of life, indicating it might be worth nibbling at.
It’s official: Australia’s inflation woes are home grown
I argued last week that Australia’s globally high inflation is homegrown, as illustrated by services inflation tracking at 4.1% in the year to July, well above the broader trimmed mean inflation rate of 3.6%. Housing inflation is posing a particular problem for the Reserve Bank of Australia (RBA).