Sep 12 2024, 02:24 Oil futures rise as Hurricane Francine causes some U.S. offshore production to be shut in, with the rebound from yesterday’s heavy selling tempered by weekly builds in U.S. crude and product stockpiles. The EIA reported an 833,000 barrel increase in crude stocks, and 2.3 million barrel increases in gasoline and distillate…
Sep 12 2024, 01:47 Gold prices fell on Wednesday as the dollar and Treasury yields firmed after U.S. inflation data prompted investors to scale back expectations of an oversized rate cut from the Federal Reserve next week. Spot gold was down 0.1% at $2,513.19 per ounce at 1:46 p.m. ET (1746 GMT). U.S. gold futures…
Sep 11 2024, 23:14 European stocks were mixed on Wednesday as global markets focused on the release of the latest U.S. inflation data. The pan-European Stoxx 600 provisionally closed 0.02% higher after rising for much of the trading day before falling into negative territory, and then somewhat paring losses. Major regional bourses were mixed, with…
