Oil prices rose sharply Friday after a Ukrainian drone attack reportedly damaged a major oil depot in the Russian Black Sea port of Novorossiysk, potentially tightening global supply At 04:40 ET (09:40 GMT), Brent oil futures for January jumped 1.5% to $63.94 a barrel and West Texas Intermediate crude futures rose 1.7% to $59.67 a…
Oct 31 2024, 01:34 Gold topped $2,800 an ounce for the first time ever on Wednesday, but one analyst warned that the upward movement for prices may be “limited” going forward as strength in Treasury bond yields is a reminder to investors of the high opportunity cost of the non-yielding precious metal. The precious metal’s…
Minyak mempertahankan penurunan selama tiga minggu karena para pedagang menunggu laporan industri untuk mengkonfirmasi apakah penurunan baru-baru ini sudah berlebihan. Minyak mentah Brent tergelincir menuju $81 per barel, setelah kehilangan sekitar 12% selama tiga minggu terakhir di tengah meningkatnya kekhawatiran atas permintaan global dan hilangnya premi risiko perang Israel-Hamas. West Texas Intermediate diperdagangkan di bawah…
The Australian dollar (AUD) edged up to around $0.660 and briefly touched a three-week high on Wednesday. The reason is simple: the market is now almost certain that the Reserve Bank of Australia (RBA) will cut interest rates next week. Why? Because inflation is still hot. The latest data shows that Australia’s annual inflation rate…
Saham-saham Asia stabil pada hari Senin (27/11) menjelang data inflasi yang berpotensi menggerakkan pasar dari Amerika Serikat dan Eropa pada akhir minggu ini, dan pertemuan para produsen minyak yang dapat menghentikan, atau memperpanjang, penurunan harga baru-baru ini. Mendekatnya akhir bulan juga dapat menimbulkan kehati-hatian mengingat investor mendapatkan keuntungan besar. Indeks Nikkei Jepang menambahkan 0,3%, setelah…
Sep 24 2024, 09:10 Japan’s factory activity eased in September due to softer production, although further expansion in the service sector supported overall business momentum, a survey showed on Tuesday. The au Jibun Bank flash Japan manufacturing purchasing managers’ index (PMI) fell to 49.6 in September from 49.8 in August. The index stayed below the…
