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- Oct 1, 2026
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Limited US-Iran talks sustain Gulf supply recovery concerns - London Business News | Londonlovesbusiness.com (opens the original)
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Crude oil prices were volatile on Thursday, moving towards the upper end of their recent range as the limited progress in talks between Washington and Tehran kept the recovery in Gulf supply on a fragile footing. has received a US response regarding the reopening of the Strait of Hormuz, but no follow-up has emerged so far. The lack of progress could leave markets cautious. At the same time, Middle Eastern crude shipments reached their highest level since the start of the tensions, while Saudi A
US dollar edges lower as yen strengthens and tightening bets ease - London Business News | Londonlovesbusiness.com (opens the original)
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The US dollar edged lower on Thursday, weighed down by a stronger yen. The Japanese currency reached a three-week high after a Bank of Japan board member argued that the central bank should be flexible and increase rates as necessary to counter mounting inflationary pressures. Monetary policy expectations in the United States have also softened, exerting further downward pressure on the dollar and yields. Markets now price in a 60% probability of an interest rate hike at the Federal Reserve’s Se
US dollar edged higher after a decline - London Business News | Londonlovesbusiness.com (opens the original)
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The US dollar edged higher on Monday after last week’s decline, although the currency could remain under some pressure. Thursday’s non-farm payrolls report, which came in below expectations, triggered a decline in the dollar and Treasury yields, as markets revised their monetary policy outlook to price in only one interest rate increase before year-end. Attention now turns to today’s PMI data. The services PMI is expected to remain in expansion territory. Unless the data diverges significantly f
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