Crude oil prices weakened again on Tuesday, recording their fifth consecutive decline. Pressure stemmed from growing concerns about a global oversupply that is expected to create a surplus in the fourth quarter of this year and into 2026. Brent crude slumped toward $66 per barrel, while West Texas Intermediate (WTI) moved closer to $62 per…
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…
European stocks opened higher Tuesday, regaining some positive momentum after last week’s volatility. The Stoxx 600 index, the regional benchmark, was 0.4% higher at 8:07 a.m. London time. Financial services led gains, up 0.8%, while travel stocks slipped 0.86%. European stocks closed mixed on Monday as forthcoming U.S. and U.K. inflation data dominated investor attention….
Saham berjangka sedikit turun pada hari Rabu (1/11) karena Wall Street bersiap menghadapi keputusan kebijakan terbaru Federal Reserve mengenai suku bunga setelah menutup bulan yang buruk. Kontrak berjangka yang terkait dengan Dow Jones Industrial Average turun 69 poin, atau turun 0,21%. S&P 500 berjangka dan Nasdaq 100 berjangka masing-masing turun sekitar 0,2%. Dalam perdagangan setelah…
The Hong Kong stock index weakened in Monday morning trading, dropping around 165 points or 0.6% to 25,915. This correction halted the previous two sessions’ rally. Most sectors fell, with financial and consumer stocks leading the decline. Investors have become more cautious after consecutive gains, opting to hold off while awaiting new data and sentiment….
Gold extended its rally and set a new record in the Asian session on Wednesday (October 15th), with the market now targeting a breakout of the psychological $4,200/oz level. The rise was driven by a combination of expectations of a Fed interest rate cut, a weakening US dollar, and hedging flows amid global anxiety. Risk…
