Market

Oil Languishes Below $80 as Recession Fears Outweigh Tighter Supply 0
- Market
- December 7, 2022
Oil hovered near a one-year low on Wednesday as increasing concerns over U.S. economic health and the Federal Reserve largely offset positive supply-side signals from a bigger-than-expected draw in crude inventories. A growing number of Wall Street banks warned of a potential recession in 2023, especially if interest rates keep rising and if inflation proves
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France’s Macron Discussed Twitter Content Rules in Meeting With Musk 0
- Market
- December 3, 2022
Emmanuel Macron said he had a “clear and honest” discussion with Twitter owner Elon Musk about the social media platform’s content moderation policies, just a day after the French president had flagged his concerns on the issue. “Transparent user policies, significant reinforcement of content moderation and protection of freedom of speech: efforts have to be
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Dow Futures Dip Following Mixed Session, Nonfarm Payrolls in Focus 0
- Market
- December 2, 2022
U.S. stock futures were trading lower during Thursday’s evening deals, following a mixed performance among major indices as market participants braced for key jobs data slated for release later in Friday’s session. By 6:25 PM ET (11:25 PM GMT) Dow Jones Futures were little changed, S&P 500 Futures eased 0.1% and Nasdaq 100 Futures dipped
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Asia FX Turns Cautious Ahead of U.S. Payrolls, Dollar Hits 3-Mth Low 0
- Market
- December 2, 2022
Most Asian currencies moved little on Friday as caution kicked in ahead of U.S. payrolls data that is likely to affect monetary policy, although dovish signals from the Federal Reserve pushed the dollar to a three-month low. Regional currencies were also set for strong gains this week as the Federal Reserve flagged smaller interest rate
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Oil rally Stalls on Weak Chinese Data, Uncertainty Over OPEC Cut 0
- Market
- December 1, 2022
Oil prices were muted on Thursday, cutting short a three-day rally after data highlighted growing economic cracks in major crude importer China, while markets also speculated over whether the OPEC’s last meeting for the year will result in a supply cut. Chinese manufacturing activity- a bellwether for the economy- weakened substantially in November, official and
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jerome Powell to Set Stage For Slowing Fed ate Hikes Amid Hawkish Tone 0
- Market
- November 30, 2022
Jerome Powell is scheduled to deliver a speech, nominally focused on the labor market, at an event on Wednesday hosted by the Brookings Institution in Washington. It will be one of the last from policymakers before the start of a quiet period ahead of their Dec. 13-14 gathering. Chair Jerome Powell is expected to this
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