King Dollar Surges, but Doubts Over Longevity Linger

© Reuters. By Yasin Ebrahim Investing.com – The dollar surged Friday, riding on the coattails of the recent surge U.S. Treasury yields amid bets the U.S. will emerge from the crisis stronger than its peers, but the greenback’s momentum is unlikely to last, experts warn. The , which measures the greenback’s strength against a trade-weighted […]

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Saudi King Salman tells Trump no Israeli normalisation without Palestinian statehood

© Reuters. Saudi Arabia’s King Salman bin Abdulaziz in Riyadh CAIRO (Reuters) – Saudi Arabia’s ruler King Salman bin Abdulaziz told President Donald Trump there would be no normalisation with Israel without Palestinian statehood, the kingdom’s state news agency reported on Monday. The leaders spoke by phone following a historic U.S. brokered accord last month […]

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New King of Copper Trading Sees Demand Coming Back Even Stronger

© Reuters. New King of Copper Trading Sees Demand Coming Back Even Stronger (Bloomberg) — As head of trading at Trafigura Group, Kostas Bintas typically spends his time trekking around the globe, signing the deals that last year helped make Trafigura the biggest merchant of one of the world’s most crucial metals. By March this […]

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Trump, Saudi king reaffirm defense ties amid tensions

2/2 © Reuters. U.S. President Trump meets with Republican members of Congress at the White House in Washington 2/2 WASHINGTON (Reuters) – President Donald Trump and Saudi Arabia’s King Salman spoke by phone on Friday and “reaffirmed the strong United States-Saudi defense partnership,” the White House said, amid tensions over Saudi’s oil output. The two […]

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