Oil rose, after falling more than 2% on Tuesday, as an industry report pointed to a sizable drop in US crude stockpiles and tensions simmered in the Middle East. Brent crude climbed to around $81 a barrel, while West Texas Intermediate was below $79. The American Petroleum Institute reported inventories shrank by 5.2 million barrels last week, according…
Sep 17 2024, 06:53 Oil climbed for a second session as an increase in bets the Federal Reserve will opt for a lager interest-rate cut this week aided wider market sentiment and offset signs of flagging demand. West Texas Intermediate traded above $70 a barrel after rising 2.1% on Monday, with Brent closing near $73. Opinion remains divided…
Oil prices took a breather on Monday after last week’s fall of about 3%, as investors weighed the chances for a U.S. rate cut against the prospect of a Russia-Ukraine deal that could free up more Russian supply through an easing of sanctions. The United States and Ukraine were set to resume work on a…
Ketua Federal Reserve Jerome Powell mengatakan apa yang disebut “soft landing” bagi perekonomian AS adalah tujuan utama bank sentral. “Soft landing adalah tujuan utama kami,” kata Powell kepada wartawan pada hari Rabu (20/9) saat konferensi pers setelah pertemuan kebijakan dua hari bank sentral di Washington. “Itulah yang telah kami coba capai selama ini,” kata Powell….
Nov 6 2024, 11:59 Gold is being weighed by a stronger U.S. dollar as investors eye the election results, says Phillip Nova’s Priyanka Sachdeva in a note. The U.S. dollar gained in early Asian trade as early election results trickled in. No matter whether Trump or Harris wins, gold remains the preferred hedge as the…
Jul 22 2025, 15:43 Hong Kong stocks rose modestly on Tuesday, as investors positioned ahead of the Politburo meeting in China that could set the economic tone for the rest of the year, while sentiment remained upbeat following the launch of the world’s largest hydropower dam project on the eastern rim of the Tibetan Plateau….
