Tag: prices
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Oil prices steady at pre-Iran war levels
July 6 : Oil prices were stable around pre-Iran war levels on Monday as Saudi Arabia slashed its official selling prices and after OPEC+ agreed to further increase its output targets from August, while exports from key producers via the Strait of Hormuz are recovering.Brent crude futures fell 4 cents, or 0.06
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Samsung likely to post 18-fold jump in profit on surging AI demand for memory
SEOUL, July 6 : Samsung Electronics is likely to estimate that its operating profit jumped about 18-fold to another record high from a year earlier in the second quarter, as AI growth continues to strain memory supply and push chip prices higher. On Tuesday, the world’s largest memory chipmaker by sales is
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Oil prices stable as US-Iran peace efforts hold
LONDON, July 3 : Oil prices were steady on Friday and little changed for the week as traders held on to hopes that attempts to secure peace in the Middle East between the United States and Iran would succeed.Brent futures were up 17 cents, or 0.24 per cent, to $71.97 a barrel at 0932 GMT.…
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Weak jobs growth and easing oil prices reinforce expectations for Fed pause, analysts say
U.S. Fed is unlikely to raise interest rates for now, amid lower oil prices and eased tensions in the Middle East, analysts say.
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Safe havens aren’t behaving like they used to. Here’s what’s changed
Traditional safe-haven assets — U.S. Treasurys, the Japanese yen and gold — have struggled to provide protection during this year’s market volatility.
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Dow rides into new week at record high. What investors are watching ahead
Investors are wondering what the second half of the year will bring after big gains for stocks.
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How the cocoa price crash is crushing West African farmers
Cocoa prices reached a peak in 2024 before plummeting by nearly 75%, dealing a financial blow to millions of farmers in Ghana and Cote d’Ivoire. Will the crisis mark a turning point for the sector?
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US LNG exports to Europe decline as Asia prices surge
HOUSTON, July 1 : For the first time in nearly two years, less than half of U.S. LNG exports last month went to Europe as stronger prices in Asia and record imports by Egypt diverted cargoes, according to preliminary ship-tracking data from LSEG.The shift marks the first time since July 2024 that Europe has n
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Warsh faces multiple alternative inflation signs as Fed charts new course
Warsh has said that inflation is a “choice.” The same could also be true of how inflation is measured.
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Inflation peaked in May as energy prices fell in June, Kalshi traders think
Speculators on the prediction market platform give less than 30% odds to inflation peaking above 4.2% in 2026.
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