adminGerman inflation falls to the lowest level in more than three years
By Maria Martinez BERLIN (Reuters) – German inflation fell to its lowest level in more than three years in August, a second estimate confirmed on Tuesday, making it easier for…
Australia’s Consumer Pessimism Persists as Economy Stagnates
(Bloomberg) — Australia’s consumer confidence dipped in September due to rising concern about the economic outlook and employment prospects with interest rates at a 12-year-high and expected to remain there…
Oil Steadies as Traders Track Risk-On Tone and Storm Francine
(Bloomberg) — Oil held a one-day gain as a risk-on tone returned to wider financial markets, benefiting commodities including crude, while a storm menaced some supplies in the Gulf of…
Treasuries Trim Losses as Traders Debate Pace of Fed Rate Cuts
(Bloomberg) — Treasury yields retreated from session highs Monday as investors await US inflation data later this week for further clues on how much the Federal Reserve will cut interest…
Tropical Storm Francine Strengthens, Spurring Oil Shutdowns
(Bloomberg) — Tropical Storm Francine strengthened as it moved north in the Gulf of Mexico, prompting oil drillers to evacuate crews and halt some offshore crude production, while the US…
Israel Finance Ministry Cuts Growth Forecast as War in Gaza Hits Economy
(Bloomberg) — Israel’s finance ministry slashed its projection for growth for 2024, underlining the strain the almost year-long war against Hamas has put on the country’s economy. Most Read from…
Google Pixel 9 Pro Fold review: What I imagined foldables would be like
Google’s (GOOG, GOOGL) Pixel 9 Pro Fold is here, and the company has a lot to be proud of when it comes to its second-generation foldable smartphone. Well, except for…
Morgan Stanley Cuts Oil Forecast Again as Market Concerns Deepen
(Bloomberg) — Morgan Stanley reduced its Brent crude price forecasts for the second time in a matter of weeks, as demand challenges mount while supplies remain plentiful. Most Read from…
Oil Rebounds After Brutal Week as Traders Take Stock of Outlook
(Bloomberg) — Oil rose from its lowest close since 2021 after a deep weekly loss pushed futures close to levels regarded as oversold, with the focus this week on three…
Stocks Drop as Jobs Data Adds to Case for Fed Cuts: Markets Wrap
(Bloomberg) — Asian stocks slipped on Monday after US jobs data added to concerns that the Federal Reserve may have waited too long to cut interest rates. Most Read from…
