Tag: prices
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Oil prices edge higher after strikes on Israel test ceasefire
Iran said the attacks, its first since an April ceasefire, are the start of “a full week” of strikes
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Oil prices rise more than $2 on Israel strikes on Lebanon
BEIJING, June 8 : Oil prices were up more than $2 a barrel in early trading on Monday after Israel on Sunday launched strikes on the Beirut area for the first time since the U.S. announced a ceasefire plan for Lebanon.U.S. crude futures were up $2.57 at $93.11 per barrel as of 2215 GMT, while…
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Hot jobs report puts Fed cuts further out of reach as Chair Warsh faces policy tests
Another big jobs report in May has swept aside the possibility of interest rate cuts anytime soon.
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Analysis:Global oil inventories depleted, next price spike could roil economies, markets
HOUSTON/NEW YORK, June 5 : Global oil inventories are running dangerously low as a deal to re-open tanker traffic through the Strait of Hormuz has proven elusive, and industry executives and analysts warn there could be another oil price shock in the coming weeks, severe enough to upset broader financial markets.
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Odds of a Fed hike this year jump on prediction markets
Following an unexpectedly hot jobs report, prediction market traders see a 52% chance the Federal Reserve increases interest rates this year.
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The jobs report doubled expectations. Why the stock market doesn’t like it
Good news isn’t always good, at least when it comes to the stock market.
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U.S. payrolls rose by 172,000 in May, much more than expected; unemployment at 4.3%
Nonfarm payrolls were expected to increase by 80,000 in May while the unemployment rate held at 4.3%.
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India’s economy expands at 7.8% over January to March — faster than expected
The world’s fastest growing major economy, India, has been facing major headwinds due to the conflict in Middle East that began end of February.
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Treasury yields ease as traders await key labor market data
Treasury yields fell on Friday, as investor attention turned to non-farm payrolls and unemployment data.
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3 ways the pros are trading, including why Goldman Sachs likes defense stocks
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