API weekly crude stock sees unexpected surge, indicating weaker demand
The American Petroleum Institute (API) reported a significant increase in its weekly crude stock, reflecting a possible weakening in demand for petroleum products. The actual...
The American Petroleum Institute (API) reported a significant increase in its weekly crude stock, reflecting a possible weakening in demand for petroleum products. The actual...
The United States' trade balance for the reporting period has been released, showing a decrease in the deficit to $70.4 billion. This figure, while a significant improvement from...
U.S. stock futures were rising Tuesday after the previous day’s selloff, which was prompted by rising bond yields. Meanwhile, China’s stock rally lost some momentum after a highly anticipated briefing by the country's top economic planner disappointed investors. Dow Jones Industrial Average futures were up 68 points, or 0.2%.
-- Australian consumer sentiment hit an over two-year high in early-October, a private survey showed on Tuesday, amid growing confidence that local interest rates will...
The latest economic data reveals a dip in Consumer Credit, with the actual figure falling short of forecasted numbers. The total value of outstanding consumer credit requiring...
Big bets in the bond markets are telling investors something important.
Bond yields were climbing early Monday as traders pulled back when it came to how much they expect the Federal Reserve to cut rates, dragging on stocks. Traders are now pricing in a 12% chance of no rate cut at all at the Fed’s November monetary-policy meeting, according to the CME FedWatch tool.
-- Chinese consumer inflation shrank in June as persistent concerns over China’s economy kept spending largely limited, while producer inflation contracted for a 20th...
-- Japan’s economy shrank slightly less than initially estimated in the first quarter, as a drop in capital spending appeared to be not as severe as expected, although...
Bitcoin may have bottomed at $60,000 earlier this week, and the Fed easing into a strong economy points to more upside, Will Clement said.