Oil calms down after rally
Daily NewsOil settled after the biggest gain in a week as OPEC+ reaffirmed its policy of production cuts amid tensions in the Middle East and Russia. Brent traded around $8...
Read MoreOil settled after the biggest gain in a week as OPEC+ reaffirmed its policy of production cuts amid tensions in the Middle East and Russia. Brent traded around $8...
Read MoreGold is hovering near a record high ahead of U.S. inflation data. Gold held on to Monday’s gains as investors turned cautious ahead of U.S. inflation data, which ...
Read MoreThe ADP private sector employment data in the US has been released. Private sector employment in the US increased by 140,000 in February. Economists surveyed by B...
Read MoreIn China, one of Apple’s most important markets, iPhone shipments fell by 33 percent in February compared to the same period the previous year. Thus, sales fell f...
Read MoreFed Chairman Jerome Powell gave the message in his speech to the US House of Representatives that the Fed will not rush to cut interest rates. In his expected spe...
Read MoreThe US Federal Reserve (Fed) announced that its total expenses exceeded its earnings by $114.3 billion in 2023. The Fed has published its annual audited balance s...
Read MoreGold climbed to a record high on signs the Fed will cut interest rates this year. Gold climbed to a record high to extend a sharp rally fueled by signs the Fed wi...
Read MoreOil extended its decline after an industry report showed a significant increase in U.S. inventories and broader markets looked weak ahead of the quarter. Brent fe...
Read MoreMinneapolis Fed President Neel Kashkari has signaled that stronger economic data since the beginning of the year could make it appropriate for the Fed to cut inte...
Read Morebridge collapse in the US is expected to disrupt shipments of products ranging from cars to coal for weeks or even months. Economists say the impact on the econom...
Read MoreOil held at its highest level since November, buoyed by strong U.S. gasoline demand and signs the Federal Reserve will cut interest rates this year. Brent crude t...
Read MoreThe yen has reached its weakest level since 1990, raising expectations for intervention. The Japanese yen hit its weakest level against the dollar in nearly 34 ye...
Read MoreThe Fed's Beige Book report stated that the economy has grown moderately since the beginning of the year, while consumers' sensitivity to rising prices has increa...
Read MoreWithin the scope of additional tightening steps supporting the tight monetary policy stance of the Central Bank of the Republic of Turkey (TCMB), a required reser...
Read MoreThe US foreign trade deficit increased by 5.1 percent on a monthly basis in January, reaching $67.4 billion. The US Department of Commerce announced foreign trade...
Read MoreFed Chair Jerome Powell stated that in order to begin cutting interest rates, they want to be sure that inflation has fallen to target and said, “When we gain tha...
Read MoreNomura expects the yen to strengthen against the dollar later this year. “We think the yen should get back to 140 against the dollar,” Willcox, head of trading an...
Read MoreThe real estate crisis in China is having a negative impact on the balance sheets of the country’s major banks. The real estate crisis in China is having a negati...
Read MoreThe banking sector's profit in the US decreased by approximately 44 percent in the fourth quarter of 2023 compared to the previous quarter, falling to $38.4 billi...
Read MoreInvestors crowding into top-performing stocks increases the risk of a correction, according to JPMorgan’s global equity strategist. The clustering of investors in...
Read MoreOil rose after services were briefly suspended on the Keystone pipeline, a key conduit that carries Canadian crude to the U.S. Brent crude futures rose above $83 ...
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