06:12 AM EDT, 08/01/2024 (MT Newswires) -- EUR/USD should be doing better now that short-dated United States rates are on the move again, said ING. The problem is that short-dated euro interest rates are quite soft too as financial markets consider the European Central Bank cutting more than twice later this year. That pricing seems far too aggressive in the...

06:18 AM EDT, 08/01/2024 (MT Newswires) -- Commerzbank in its European Sunrise note of Thursday highlighted: Markets: United States Treasuries (UST) rally on Federal Reserve press conference, consolidate in Asia. E-minis grind higher while the Nikkei drops more than 2.5% as the yen (JPY) strengthens below 150. The euro (EUR) is steady around $1.083. Brent edges higher to about $81.4/barrel....

06:10 AM EDT, 08/01/2024 (MT Newswires) -- Ferguson (FERG) said Thursday that it has completed the planned transition of its corporate structure and the transfer of its domicile to US. Pursuant to the move, Ferguson Enterprises Inc will now be the parent company of Ferguson plc ( FERG ) group, which has been re-registered as a private company. Ferguson plc...

Aug 1 (Reuters) - Cenovus Energy ( CVE ) posted a rise in second-quarter profit on Thursday, as the Canadian oil and gas company benefited from higher throughput volumes and an increase in production. Brent crude averaged at $85.58 per barrel in the second quarter, compared with $79.92 a year earlier, buoyed by an extension of a production cut by...