Dow Futures Dip After Positive Week
U.S. stock futures were trading lower during Sunday’s evening trade, after major benchmark indices finished the holiday shortened week higher as investors proved optimistic amid potentially smaller interest rate hikes from Federal Reserve policymakers. By 6:36pm ET (11:36pm GMT) Dow Jones Futures were down...
China Manufacturing PMI Shrinks for 5th Straight Month in Dec – Caixin
Chinese manufacturing activity shrank for a fifth straight month in December, a private survey showed on Tuesday, as the country grappled with an unprecedented spike in COVID-19 cases after it relaxed some restrictions intended to prevent the spread of the virus. The Caixin Manufacturing...
Gold Steadies Ahead of Fed Minutes, Copper Slammed By China Fears
Gold prices hovered around six-month highs on Wednesday, cutting short a recent rally as traders bought back into the dollar in anticipation of more cues on monetary policy from the minutes of the Federal Reserve’s December meeting. The yellow metal marked a strong start...
Gold steady, Copper Rises Amid Smaller Rate Hike Expectations
Gold prices steadied on Wednesday, while copper extended strong gains as risk-driven assets rallied on expectations that the Federal Reserve will hike interest rates at a slower pace in the near-term, which also trimmed dollar gains. A growing number of Fed officials said in...
Taiwan October Export orders Likely contracted Again, But at Slower Pace- Reuters Poll
Taiwan's export orders likely contracted again in October as global demand for technology cools though at a slower rate than the previous month, a Reuters poll showed on Friday The median forecast from a poll of 13 economists was for export orders to fall...
Oil rally Stalls on Weak Chinese Data, Uncertainty Over OPEC Cut
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-...
Dollar Down as Fed Minutes, U.S. Data Weighs
The U.S. dollar fell across the board on Wednesday, after minutes from the Federal Reserve's November meeting showed that most policymakers at the central bank agreed it would soon be appropriate to slow the pace of interest rate hikes. The readout of the Nov....
Oil Prices Dip as Demand Outlook Worsens on China woes, OPEC Warning
Oil prices fell in choppy trade on Tuesday and nursed steep losses this week as weak economic data from China brewed more concerns over worsening demand, although the prospect of smaller U.S. rate hikes and tightening supply helped limit losses. Crude markets plummeted at...
Takeaways And Things You See and Explore at Education Expo Dubai 2022-23
Organizing College or University Expo Is a Great Way to Provide an Opportunity for Global Students to Find Their Dream College. An Education Expo Helps You in This. To Help You Learn More About Education Expo, We Have Included Topics You Should Know About...
Oil Sinks Further as China COVID Concerns outweigh Tightening Supply
Oil prices fell further on Thursday as increasing COVID-19 cases in China brewed more doubts over slowing crude demand, even as data showed U.S. inventories dropped far more than expected and as supply appeared to be tightening. China reported over 20,000 daily new cases...