Oil Prices Rebound on China Reopening Optimism, Easing Fed Fears
Oil prices rose on Monday, recovering a measure of recent losses as investors bet that an economic reopening in China and a less hawkish rhetoric from the Federal Reserve will help spur a recovery in crude demand this year. China reopened its international borders...
Dr. Martens Plunges After Fresh Profit Warning
Dr. Martens (LON:DOCS) stock plunged at the open on Thursday to a new all-time low, after the bootmaker was forced to cut its forecasts once again in response to problems in North America. Dr. Martens said a variety of operational problems had created a...
Dow Futures Tick Higher, Fed Minutes In Focus
U.S. stock futures were trading higher during Monday’s evening deals, with market participants looking ahead to a busy week of economic data and the release of the U.S. Federal Reserve’s latest meeting minutes. By 6:356pm ET (11:35pm GMT) Dow Jones Futures and S&P 500...
Asia FX Battered by Hawkish Fedspeak, Dollar Back at 20-Year Peak
Asian currencies plummeted on Wednesday, while the dollar surged to new 20-year highs on hawkish comments from Federal Reserve officials and growing safe haven demand.
The dollar index jumped 0.4% to a new 20-year high of 114.68, while dollar index futures rose in a similar...
Japan Set To Waive Some Visa Requirements In October To Boost Tourism
Following the change, Japan will not require visas for short-term travelers from the United States and certain other countries, and will scrap the daily entry cap of 50,000 people, the media outlet said.
to waive visa requirements for certain tourists and remove a limit on daily arrivals...
Will Mining Die With Ethereum 2.0?
The crypto community is celebrating the coming of Ethereum 2.0, however, there are also concerns for miners. Since Ethereum has switched to a proof-of-stake model, mining Ether will no longer be necessary. Due to this, mining machinery will become obsolete, leaving miners with fewer...
How The 2022 Dubai Expo Will Enhance Opportunities
Expo 2022 Is A Hub of Experiences That Offers Something to Excite Everyone. Whether You Want to Unleash Your Inner Technologist, Step into The World of Diverse Tastes, Fuel Your Creativity, Or Seek Business Opportunities, Dubai Expo Is the Best Answer for All. It...
Oil Prices And Financial Markets Brace For Recession
The apparent contradiction between the real economy and financial markets has puzzled some commentators but is normal around a peak in the business cycle.
U.S. economic data remains strong but a range of financial indicators point to a sharp slowdown over the next year that...
Oil prices rise as weaker dollar offsets China COVID-19 concerns
Oil prices rose on Tuesday, paring losses from the previous session, as a weaker U.S. dollar offset widening COVID-19 curbs in China that have stoked fears of slowing fuel demand in the world’s second-largest oil consumer. Brent crude for January delivery rose 73 cents,...
Aussie Falters on Soft Jobs Data, kiwi Calm After Ardern Resignation
The Australian dollar reversed a recent rally on Thursday, as rising fears of a U.S. recession and soft local jobs data knocked the risk-sensitive currency, while the kiwi was little moved by the resignation of Prime Minister Jacinda Ardern. The Aussie eased 0.4% to...