Houthis pound Yemen’s Mocha port for 4th day, officials say Iran behind escalation
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Houthis pound Yemen’s Mocha port for 4th day, officials say Iran behind escalation
AL-MUKALLA: Two Houthi missiles struck Yemen’s Red Sea port of Mocha on Wednesday, causing further damage to the government-controlled facility as the Iran-backed militia targeted the city and its strategic port for the fourth consecutive day, local government and military officials said. Abdul Mal»»»
Gold rebounds towards 10-week high as markets brace for US inflation data
Gold prices rose on Wednesday, supported by reduced bets on Federal Reserve tightening next month as investors awaited key US inflation data that could reshape policy expectations. Spot gold gained 0.6 per cent to $4,391.82 per ounce by 0535 GMT. US gold futures for December delivery rose 0.2pc to »»»
Dollar ticks up on Iran tensions, with US data in focus
Aug 12 : The U.S. dollar ticked higher on Wednesday, underpinned by renewed Gulf tensions, with markets focused on upcoming U.S. economic data for signals on the Fed's policy trajectory. Oil prices edged up after the United States and Yemen's Iran-aligned Houthis reported separate attacks on shippi»»»
Gold rebounds towards 10-week high as markets brace for US CPI data
(Aug 12): Gold rose nearly 1% on Wednesday, supported by reduced bets on Federal Reserve tightening next month as investors awaited key US inflation data that could reshape policy expectations. Spot gold gained 0.9% to US$4,406.34 per ounce by 0330 GMT. US gold futures for December delivery rose 0.»»»
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