Crude oil is settling at $76.57 per barrel, up $2.65 or 3.56%. The price reached a 3- month high today. New U.S. sanctions targeting Russia’s oil exports helped to contribute to the rise. The Biden administration imposed sanctions on Russian oil producers Gazprom Neft and Surgutneftegas, their subsidiaries, over 180 vessels, oil traders, oilfield service
Month: January 2025
The December 2024 U.S. jobs report was released at 8:30 AM ET, and showed strong job growth, with non-farm payrolls increasing by 256,000, significantly beating expectations of 160,000. The unemployment rate dropped to 4.1% (unrounded 4.0855%), lower than the expected 4.2%. The labor force participation rate held steady at 62.5%, while the broader U6 underemployment
Oil prices rose in early Asian trade and were on track for a third straight week of gains with icy conditions in parts of the United States and Europe driving up fuel demand for heating. Brent crude futures climbed 24 cents, or 0.3%, to $77.16 a barrel at 0138 GMT. U.S. West Texas Intermediate crude
Constellation Brands put up such disappointing quarterly results before Friday’s opening bell that we’re having second thoughts about whether the beer, wine and spirits stock still belongs in the portfolio. Net sales for the three months ended Nov. 30 were largely flat year over year, coming in at $2.46 billion, missing the $2.53 billion expected,
EUR/USD dives to near 1.0200 on surprisingly robust US NFP data. US President-elect Donald Trump is expected to declare a national economic emergency. The Euro gains despite traders price in four interest rate cuts by the ECB this year. EUR/USD posts a fresh more-than-two-year-low near 1.0200 in Friday’s North American session. The major currency pair slides vertically as the United
Dollar holds onto its leadership position as markets await the US non-farm payroll report. Investors expect the data to reinforce Fed’s decision to pause rate cuts this month, particularly if the report confirms continued labor market strength. In such a scenario, rising US Treasury yields could further bolster the greenback. However, any post-NFP rally might
Fundamental Overview The Nasdaq has been stuck in a big range since the last FOMC decision as the market perceived it as more hawkish than expected. The Fed continues to place a great deal on inflation progress to proceed with further rate cuts as highlighted by Fed’s Waller this week. Therefore, the market is waiting
Gold (XAU/USD) daily chart The precious metal is keeping a solid bounce off its 100-day moving average (red line) to start the new year, now trading up to $2,680 this week. A test of the $2,700 level beckons, before potentially revisiting the end-November and December highs around $2,725-26 next. A major positive for gold to
Gold February futures contracts at MCX opened slightly higher on Friday at Rs 78,311/10 gram, which is up by 0.27% or Rs 207 while silver March futures contracts inched higher to open at Rs 92,160/kg, up by nearly 0.5% or Rs 449. Gold prices increased by Rs 1,560/10 grams in January so far while silver
In this article 2330-TW Follow your favorite stocksCREATE FREE ACCOUNT The logo for Taiwan Semiconductor Manufacturing Company is displayed on a screen on the floor of the New York Stock Exchange on Sept. 26, 2023. Brendan Mcdermid | Reuters Taiwan Semiconductor Manufacturing Co. posted December quarter revenue that topped analyst estimates, as the company continues
The People’s Bank of China (PBOC) announced on Friday that it has halted treasury bond purchases temporarily due to short supply of the bonds. The Chinese central bank’s declaration comes after repeated warnings of bubble risks in country’s red-hot bond market. Market reaction The Chinese Yuan has come under moderate selling pressure despite the above
While Sterling continues to be the market’s primary focus as it faces heavy losses, Japanese Yen is quietly staging a modest, but broad-based recovery. However, Yen’s rally appears driven more by position adjustments ahead of tomorrow’s US non-farm payrolls report, as risk sentiment has across markets has turned more cautious. Meanwhile, there little support for
Signage at the New York Public Library’s annual Bronx Job Fair & Expo at the Bronx Library Center in the Bronx borough of New York, US, on Friday, Sept. 6, 2024. Yuki Iwamura | Bloomberg | Getty Images The December jobs report is likely to provide only limited clarity on where the labor market is
The USDCAD sellers had a shot earlier this week with breaks outside an up-and-down “Red Box” to the downside. The first move was on Monday. The 2nd on Tuesday. Each failed on the break The sellers had their shot. They missed. The price rise saw the pair’s price move above the 100 and 200 hour
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
Gold prices rose to a near four-week high on Thursday, supported by safe-haven demand, while investors weighed how U.S. President-elect Donald Trump’s policies would impact the economy and inflation. Spot gold was up 0.3% at $2,670.16 per ounce, as of 10:55 a.m. ET (1555 GMT). U.S. gold futures rose 0.6% to $2,689.50. “Safe-haven demand is
The US Dollar consolidating at current levels as inflation worries fade a touch. Inflation concerns are top priority, triggering a mini-crisis in UK Gilts. The US Dollar Index (DXY) hovers arond 109.00 in search of support. The US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, trades flat above 109.00 on Thursday
Sterling plunged across the board as the sharp selloff in UK government bonds sent shockwaves through financial markets. Yields on 10-year gilts surged to their highest levels since August 2008, while 30-year yields reached a 26-year high. These developments have reignited concerns about the UK’s fiscal health and are reminiscent of the turmoil during Liz
- « Previous Page
- 1
- …
- 13
- 14
- 15
- 16
- 17
- …
- 20
- Next Page »