Stay on top of your trading with analyses of the latest market news.
Key points: WTI crude futures remain near $73 per barrel, holding at four-month lows. Brent crude futures hover around $76 per barrel, near three-month lows. US crude inventories increased by 4.052 million barrels, defying expectations of a 1.9-million-barrel draw. OPEC+ …
Key points: U.S. job openings fell to a three-year low, signaling potential economic slowdown. Treasury yields declined, while the dollar and safe-haven assets saw gains. The U.S. economy’s recently robust performance may be starting to wane, as indicated by the …
Key points: Nikkei falls 0.45% to 38,749.25 after approaching 39,000 points. Investors take profits after two consecutive days of gains. Japan’s Nikkei share average fell on Tuesday as profit-taking set in after Japanese equities rebounded close to the 39,000-point mark …
Key points: PCE inflation rose 2.7% in April, easing fears of spiraling inflation. US Dollar Index logged modest losses, reflecting a weaker greenback. This article is a follow-up to: PCE data to play integral role in Fed rate decisions The …
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