Risk Warning: Trading in the foreign exchange (Forex) market carries high risks as it involves trading on margin, and this type of investment may not be suitable for all investors.
#OPEC+ #oil producers are set to convene on June 2 to discuss their next steps regarding output policies, including the potential extension of voluntary production cuts totaling around 2.2 million barrels per day (#bpd), which are set to expire in the first half of 2024. These voluntary cuts, led by the Organization of the Petroleum […]
Explainer-What OPEC+ oil output cuts are currently in place? Read More »
Analysts at Barclays suggest that the recent uptrend in the pan-European STOXX 600 index might be losing momentum, partly due to a decline in volatility in both equity and bond markets across the region. Since late 2023, optimism surrounding advancements in artificial intelligence and the potential easing of interest rates by the European Central Bank
Rally in European stocks “looks tired” – Barclays Read More »
#usa_stock index futures rose on Friday, rebounding after Wall Street closed lower in the previous session due to signs of persistent inflation that reignited concerns about monetary policy ahead of a long weekend. On Thursday, all three main indexes initially surged following Nvidia’s (NASDAQ:#NVDA) impressive revenue forecast and a 10-for-one stock split. However, they later
Futures recover after inflation jitters dent Wall Street Read More »
The #Republican-led U.S. #House of Representatives Agriculture Committee passed its version of a $1.5 trillion farm spending bill late Thursday night, receiving minimal support from Democrats. This development prolongs a standoff between the parties over crucial issues related to nutrition, agriculture, and climate policies. Importance of the #Bill In 2023, Congress failed to pass a
US House committee advances farm bill draft with little support from Democrats Read More »
#Bitcoin prices declined on Friday, further retreating from earlier weekly highs as concerns about prolonged high U.S. interest rates overshadowed significant progress in the U.S. approval of exchange-traded funds directly tracking Ether. #Despite retaining some weekly gains, Bitcoin returned to the $60,000 to $70,000 trading range observed for over two months. It also pared much
Bitcoin price today: down to $67k as rate fears offset spot Ether ETF approval. Read More »
1. #Futures Muted U.S. stock futures were relatively flat on Friday following a dip in major averages on Thursday, despite impressive earnings from #Nvidia (NASDAQ:NVDA). By 03:35 ET (07:35 GMT), the S&P 500 futures, Nasdaq 100 futures, and Dow futures remained largely unchanged. The previous session saw the S&P 500 drop 0.7%, the Nasdaq Composite
U.S. futures muted, Intuit’s free TurboTax users slip – what’s moving markets Read More »
U.S. stock index futures edged higher on Friday, rebounding after the Dow Jones Industrial Average (DJIA) experienced sharp losses in the previous session due to concerns over persistent inflation and high interest rates. As of 06:25 ET (10:25 GMT), #Dow #Jones Futures rose 68 points, or 0.2%, S&P 500 Futures gained 15 points, or 0.3%,
US stock futures rebound; inflation fears prompt weekly losses : Read More »
The Labor Department reported a decline in the number of Americans filing new claims for unemployment benefits last week, indicating underlying strength in the labor market that is poised to continue supporting the economy. This marks the second consecutive weekly drop in claims, undoing most of the increase seen at the beginning of the
US weekly jobless claims fall further as labor market remains strong : Read More »
On Thursday, President Vladimir Putin signed a decree indicating that Russia would identify U.S. assets, including securities, that could potentially serve as compensation for any losses resulting from the seizure of frozen Russian assets in the United States. Negotiators from the G7 have been engaged in discussions for several weeks regarding the utilization of
Putin decree outlines Russian response to any US seizure of frozen assets : Read More »
Bitcoin prices showed minimal movement on Thursday amidst a recent surge in cryptocurrencies, driven by excitement over a potential Ether exchange-traded fund (ETF), although this enthusiasm was dampened by renewed concerns regarding high U.S. interest rates. Fears of rising U.S. interest rates triggered significant gains in the dollar overnight, putting pressure on crypto prices
Bitcoin price today: unchanged at $69k amid Fed fears, spot Ether ETF focus : Read More »