📉OPEC+ production boost collapses oil prices
Reuters has reported that OPEC+, a cartel of oil-producing countries, is strongly considering a production hike commitment at its meeting over the weekend. OIL.WTI...
Market news
Reuters has reported that OPEC+, a cartel of oil-producing countries, is strongly considering a production hike commitment at its meeting over the weekend. OIL.WTI...
Tuesday’s session was not favourable for buyers. A sell-off in bonds, triggered by growing investor concerns, dragged stock markets worldwide lower....
16:00 The US bureau of labor statistics publishes the results of the JOLTS (Job Openings and Labor Turnover Survey). Number of available job openings: Published:...
Heico (HEI.US) shares have been among the biggest winners of the past several months, performing strongly and leading gains in the U.S. industrial sector...
Oil prices are easing slightly, falling more than 1% today, but are still near one-month highs after new U.S. sanctions targeted shipping firms accused...
According to anonymous sources cited by Reuters on Sunday, the OPEC cartel may decide to further increase oil production. Interestingly, OPEC+ was supposed...
The Australian dollar is leading the rebound among major currencies against the U.S. dollar (AUDUSD: +0.15%), which began after a sell-off in the U.S....
Eurozone PPI (M/M) Jul: 0.4% (est 0.1%; prev 0.8%) -PPI (Y/Y): 0.2% (est 0.1%; prev 0.6%) The PPI report suggests that overall producer prices rose...
08:50 AM BST, France - PMI Data for August: HCOB France Services PMI: actual 49.8; forecast 49.7; previous 48.5; HCOB France Composite...
The turmoil surrounding Donald Trump’s tariffs is taking a back seat as markets await the Supreme Court’s decision, while investors’...
Wall Street closed lower yesterday, reflecting market concerns over renewed trade uncertainty and a weaker-than-expected ISM manufacturing report....
U.S. equity indexes fell during Tuesday’s session, extending their correction. The Nasdaq 100 and S&P 500 lost over 1.2% and nearly 1.1%,...
Arabica coffee (COFFEE) futures on ICE are down more than 2%, resuming downward momentum after prices briefly climbed above the 380 level. On one hand,...
Futures on CBOE Volatility Index (VIX) are rising almost 9% today, reacting to the broad sell-off across the US equities, triggered by rising treasuries...
Shares of PepsiCo (PEP.US) tries to rebound today, rising more than 3% after the news that activist fund, Elliott Management disclosed $4 billion stake...
US ISM Manufacturing PMI for August 48.7 (Forecast 49, Previous 48.0) New Orders: 51.4 (Forecast 48, Previous 47.1) Employment: 43.8 (Forecast...
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