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World Bank warns of potential 75% surge in oil prices due to global conflicts
© Reuters.
The World Bank has expressed concerns over the potential for a dual energy shock, as the ongoing conflicts between Israel and Hamas and Russia's war in Ukraine…
Treasury cuts its fourth-quarter borrowing estimate
Corrects total borrowing to $776 billion The Treasury Department said Monday it expects to borrow $776 billion in the fourth quarter, which is $76 billion…
US Dollar declines due to a positive market enviroment, Fed decision looms
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The US Dollar, measured by the DXY index, slides towards…
World Bank Warns Escalating Israel-Hamas Conflict Could Spike Global Oil And Food Prices
© Reuters.
The World Bank has issued a warning about the potential impact of the escalating conflict between Israel and Hamas on global oil and food prices, according to…
U.S. oil futures settle at a more than 3-week low
Oil futures finished lower on Monday, with U.S. prices at their lowest in more than three weeks. While the ongoing conflict between Israel and Hamas “will keep traders…
S&P 500 News: Index starts week on good foot, gains 1.2% on Monday
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S&P 500 loses 2.53% in final full week of October,…
Gold prices hover near $2,000 amid Middle East conflict and Fed meeting anticipation
© Reuters.
Gold prices stayed close to the $2,000 mark today, buoyed by investors seeking safe-haven assets due to the ongoing conflict in the Middle East and ahead of the…
Treasury yields little changed after government announces $776 billion in borrowing needs for fourth quarter
U.S. yields were little changed after Treasury announced an estimate of $776 billion in borrowing needs for the fourth quarter — less than it had expected in July. The…
Sundar Pichai acknowledges Google search default deals were ‘very valuable’
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Sundar Pichai conceded that agreements making Google’s…
GBP/USD aimed at 1.22 as US Dollar eases back
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The GBP/USD is seeing a bounce as the US Dollar eases…