Markets Oil is set for its third weekly drop ahead of this weekend’s meeting in Kuwait, at which OPEC and its production-cutting allies will assess the effectiveness of their actions to date. Talks will also be overshadowed by the … Continue reading
Markets In Asia, Japan +0.2%. Hong Kong flat. China +0.1%. India +0.6%. In Europe, at midday, London -0.1%. Paris flat. Frankfurt +0.2%. Futures at 6:20, Dow flat. S&P +0.1%. Nasdaq flat. Crude +0.6% to $48.32. Gold -0.1% to $1248.30. … Continue reading
Markets In Asia, Japan -2.1%. Hong Kong -1.1%. China -0.5%. India -1.1%. In Europe, at midday, London -0.8%. Paris -0.5%. Frankfurt -0.5%. Futures at 6:20, Dow -0.2%. S&P -0.1%. Nasdaq -0.1%. Crude -1.4% to $47.56. Gold -0.1% to $1245.80. … Continue reading
Markets Oil prices are up on a rumor that an OPEC-led production cut could be extended beyond June, although the move would require non-OPEC members like Russia to increase their efforts. So far the supply cap agreed to last … Continue reading
Markets In Asia, Japan closed. Hong Kong +0.8%. China +0.4%. India -0.4%. In Europe, at midday, London -0.2%. Paris -0.4%. Frankfurt -0.4%. Futures at 6:20, Dow -0.1%. S&P -0.2%. Nasdaq -0.1%. Crude -1.3% to $48.69. Gold +0.2% to $1232.50. … Continue reading
Markets In Asia, Japan -0.4%. Hong Kong +0.1%. China -1%. India +0.2%. In Europe, at midday, London +0.2%. Paris +0.4%. Frankfurt +0.2%. Futures at 6:20, Dow flat. S&P flat. Nasdaq flat. Crude +0.4% to $49.42. Gold +0.1% to $1228.40. … Continue reading
Markets Markets across the globe rallied overnight as traders eyed a big batch of U.S. data and digested the Fed’s decision to raise interest rates by 25 basis points. Yellen signaled more hikes were coming, but didn’t flag any … Continue reading
Markets Fed up with waiting? An interest rate hike is likely on the menu this afternoon, and if market expectations are correct, the central bank will raise its benchmark rate by a quarter percentage point. Investors will still be … Continue reading
Markets In Asia, Japan -0.1%. Hong Kong flat. China +0.1%. India +1.7%. In Europe, at midday, London +0.2%. Paris -0.2%. Frankfurt -0.1%. Futures at 6:20, Dow -0.1%. S&P -0.2%. Nasdaq -0.1%. Crude +0.7% to $48.73. Gold flat at $1203.20 Ten-year … Continue reading
Markets A barrel of WTI for April delivery dropped below $48 in overnight trading as the U.S. oil rig count rose by eight to 617 last week, the highest level since September 2015. Investors had cut bullish bets on the … Continue reading