Feb 7 2025, 15:17 European stock markets traded subdued on Friday, stalling near record highs ahead of the highly anticipated monthly U.S. payrolls report. At 3:05 a.m. ET (08:05 GMT), Germany’s DAX index was trading largely unchanged, while France’s CAC 40 was down 0.1% and the U.K.’s FTSE 100 was down 0.1%. The pan-European STOXX…
Jan 7 2025, 09:02 Oil prices edged lower in Asian trade on Tuesday, extending losses from the previous session as weak U.S. and European economic data raised some questions about the demand outlook. But prices remained near three-month highs, boosted by bets that cold weather in the U.S. and Europe will help boost near-term demand….
May 5 2025, 13:18 Oil prices plunged more than $2 a barrel in Asian trade on Monday as OPEC+ prepared to further accelerate oil output increases, stoking concerns about more supply coming into a market clouded by an uncertain demand outlook. Brent crude futures fell $2.21, or 3.61%, to $59.08 a barrel by 0653 GMT…
Silver hit an all-time high (ATH) today as investor interest in the precious metal increased after the Fed’s interest rate policy shifted toward a more lenient stance. The interest rate cut made the yields of interest-bearing assets like bonds less attractive, prompting some funds to shift to non-yielding assets like silver. Furthermore, the earlier rally…
Ukuran utama inflasi AS mencatatkan kenaikan bulanan terkecil dalam dua tahun terakhir, mendorong lonjakan belanja konsumen dan meningkatkan ekspektasi bahwa perekonomian dapat menghindari resesi. Indeks harga pengeluaran konsumsi pribadi inti, yang tidak mencakup komponen pangan dan energi yang mudah berubah, naik 0,2% pada bulan Juli untuk bulan kedua. Indeks harga PCE secara keseluruhan juga meningkat…
Sep 11 2024, 08:40 Oil staged a modest rebound after tumbling to the lowest level since late 2021, with an industry group flagging a drop in US stockpiles. Global benchmark Brent rose toward $70 a barrel after sliding by more than 3% on Tuesday, while West Texas Intermediate was near $66. The industry-funded American Petroleum Institute estimated that…
