U.S. crude oil export gains should plateau in 2024 after years of strong growth, with domestic output expected to increase by the smallest amount since the pandemic at a time when global oil demand remains sluggish.

Oil prices held broadly steady on Wednesday after a run of declines that have pushed Brent down to almost $77, driven by stubborn fears over Chinese demand and diminishing concerns about conflict spreading in the Middle East.

Nomura analysts in a note dated Tuesday forecast continued weakness in the U.S. dollar, especially in Asian markets. This outlook is driven by several macroeconomic factors, positioning adjustments, and portfolio reallocations, which are expected to put downward pressure on the USD in the coming

Bitcoin price fell on Wednesday as Mt Gox appeared to have mobilized about $2 billion worth of tokens, raising concerns over more distributions from the defunct crypto exchange.

Gold prices steadied in Asian trade on Wednesday after hitting record highs this week as the prospect of lower U.S. interest rates battered the dollar and spurred more flows into the yellow metal.

Most Asian currencies steadied on Wednesday with the Japanese yen weakening slightly after a strong rally earlier this week, while persistent bets on U.S. interest rate cuts saw the dollar wallow at seven-month lows.