Commodities
Commodities: WTI skids to seven-week low after DoE weekly inventory data
West Texas Intermediate hit the skids following the release of unexpectedly bearish inventory data in the States and amid concerns that gasoline demand was already slowing.
Beijing bites back at Trump with tariffs on $16bn of goods
China hit back at looming US tariffs on Wednesday, with the country's commerce ministry in Beijing announcing its intention to impose 25% import duties targeting $16bn-worth of US goods.
US economy 'quite' strong, rate hikes data dependent, says Fed's Barkin
US economic growth is "quite strong" at present, a top US central bank official said on Wednesday, adding that the pace and degree of interest rates hikes will depend on the incoming data.
Great Western tanks as Sharktooth draws a blank
Great Western Mining saw its share price plummet by over 50% on Wednesday after recording no significant gold, copper or trace element geochemistry in the first batch of samples from its latest digging in Nevada.
Faroe Petroleum set for strong H2 after maintenance slows production
Independent oil and gas company Faroe Petroleum on Wednesday narrowed its annual production expectations after bringing all wells back online following a busy maintenance schedule in the first half of the year.