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Markets
US petrol price fall brings relief to drivers — and hope for Joe Biden
Falling US petrol prices are boosting hopes that the worst wave of inflation in decades is fading, just as Joe Biden begins a campaign to convince sceptical voters that they are…
Pound Sterling Price News and Forecast: GBP/USD drifts lower to 1.2682 ahead of UK GDP
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GBP/USD Price Analysis: The immediate upside barrier is…
Angola leaves OPEC, raising questions about ‘unity and harmony’ within oil cartel
Angola announced that after 16 years of membership, it has decided to leave the Organization of the Petroleum Exporting Countries — raising concerns over the group’s weakening…
USD/CHF rebounds from a five-month low, consolidates near 0.8570
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USD/CHF dropped to a five-month low at 0.8557 on…
How prepared is Europe to withstand it? By Investing.com Studios
Europe faced an unprecedented energy crisis for around seventeen months (from September 2021 to February 2023), as coal, natural gas, and electricity prices surged to all-time…
Was stock market’s midweek dip a ‘one-day wonder’ or start of ‘decent pullback’?
U.S. stocks were clearly in danger of a technical pullback after a breakneck rally off the October lows, but Wall Street’s sudden Wednesday downdraft has…
USD/INR trades flat ahead of US PCE data
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Indian Rupee trades around a flatline amid the USD…
Oil climbs as Red Sea tension persists, but Angola’s OPEC exit caps gains
© Reuters. Crude oil storage tanks are seen in an aerial photograph at the Cushing oil hub in Cushing, Oklahoma, U.S. April 21, 2020. REUTERS/Drone Base/file photo
SINGAPORE…
Dow Jones ends over 300 points higher as S&P 500 rebounds from biggest drop in 3 months
U.S. stocks finished higher on Thursday as Wall Street clawed back from a sharp selloff in the previous session that sent the S&P 500 to its biggest…
How a JPMorgan star faded at Hong Kong stock exchange
Running Hong Kong’s stock exchange was never going to be an easy job for Nicolas Aguzin, but some who worked with the former star JPMorgan banker say the task was not helped by…