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2024-06-27T09:58:25+0100
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2024-06-27T09:58:25+0100
Oil prices fell to a three-month low on Tuesday. Several factors can explain this weakening of oil prices: OPEC+ agreed on Sunday to extend most of their oil output cuts into 2025 but left room for voluntary cuts.
2024-06-04T08:19:42+0100
Traders embrace evidence of progress on US inflation in the latest PCE reading. The Federal Aviation Administration says Boeing will not immediately allow Boeing to boost 737 MAX production as it addresses ongoing safety issues.
2024-05-31T14:47:28+0100
Brace for stock and dollar volatility in a compressed trading week filled with US retail earnings, key US and eurozone inflation readings, Fed speakers and an OPEC+ meeting to boot.
2024-05-28T14:27:20+0100
Traders likely to remain on inflation ahead of a raft of data points including personal income and spending alongside US PCE data for April. Germany and Japan release and update on consumer sentiment and business morale.
2024-05-24T14:51:25+0100
Renewed inflation jitters could test Wall Street’s May rally. Recent data pointing to rising price pressures have dented bets of interest-rate cuts this year.
2024-05-24T14:33:30+0100
Oil prices fell more than 1% after Israel withdrew more soldiers from Gaza and ceasefire talks continued.
2024-04-08T15:41:12+0100
One other comment stood out. Atlanta Fed President Raphael Bostic was on CNBC on Wednesday, and for him, rates should likely not be reduced until the fourth quarter of this year.
2024-04-04T08:08:38+0100
Tesla shares dropped as Q1 deliveries missed expectations. The EV maker said it built 433,000 vehicles but delivered only 387,000.
2024-04-03T08:10:22+0100