Tag: prices
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Investors zero in on August inflation data in the week ahead after yields spike to levels not seen in years
Next week’s inflation data takes on even greater importance for investors as they try to determine where the Federal Reserve could go with interest rates.
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Oil slides on Friday, heads for weekly gain on US-Iran fight
HOUSTON, Sept 4 : Oil prices slid on Friday but were on course to gain more than 6 per cent for the week after the United States and Iran resumed military exchanges in the seventh month of their conflict, while U.S. diesel prices hit a record high.Brent crude futures were down 23 cents or 0.24…
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Analysis: Lower Treasury yields could require a weaker economy. Trump won’t fix them
Long-term Treasury yields are being held up by Trump-era policy risk, heavy government borrowing and AI-driven corporate debt.
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U.S. economy added many more jobs than expected in August. What Wall Street is saying
The U.S. jobs market forgot about the dog days of August and saw scorching growth.
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U.S. payrolls rose 162,000 in August, much more than expected; unemployment rate at 4.1%
Nonfarm payrolls were expected to increase by 53,000 in August while the unemployment rate held at 4.1%, according to the Dow Jones consensus.
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US diesel prices hit an all-time-high
Fuel prices have soared since the Iran conflict began at the end of February, mirroring the surge in wholesale oil prices.
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Oil prices set for weekly gain as US-Iran hostilities intensify
Sept 4 : Oil prices eased on Friday but were still headed for a weekly gain as rising U.S.-Iran tensions heightened concerns over Middle East supply risks.Brent crude futures were down 47 cents or 0.49 per cent at $95.05 a barrel by 0813 GMT, while U.S. West Texas Intermediate crude futures lost 64 cents, or
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CNBC Daily Open: Washington’s house is divided over interest rates
On interest rates, Washington’s house cannot even agree on which direction to take.
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The big August jobs report is due out Friday. Here’s what to expect for what has been a jobless summer
August nonfarm payrolls are expected to rise by 53,000 as a subdued labor market keeps Fed attention focused on inflation.
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Oil prices rise on escalation in Middle East
LONDON, Sept 3 : Oil prices rose on Thursday after U.S. strikes on Iran and renewed Israeli threats against Tehran revived concerns about disruptions to Middle East supplies.Brent crude futures were up 59 cents, or 0.62 per cent, at $96.22 a barrel by 1327 GMT while U.S. West Texas Intermediate crude futures
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