adminOil Steadies as Stockpiles Rise and Traders Monitor Middle East
(Bloomberg) — Oil steadied after a two-day decline as US crude inventories expanded, while the market watched for an Israeli response to Iran’s missile attack early last week. Most Read…
Gold Holds Drop Before Inflation Data as Traders Weigh Rate Path
(Bloomberg) — Gold held a six-day decline, as traders waited for US inflation data that may define Federal Reserve policy easing in the coming months. Most Read from Bloomberg Bullion…
Fed Minutes Show Robust Debate About Size of September Rate Cut
(Bloomberg) — Federal Reserve Chair Jerome Powell received some pushback on a half-point interest-rate cut in September, as some officials preferred a smaller, quarter-point cut. Most Read from Bloomberg “Some…
Treasury Yields Rise as Fed Rate-Cut Hopes Fade Before CPI
(Bloomberg) — US Treasury yields rose as traders nixed bets on additional Federal Reserve interest-rate cuts this year ahead of inflation data to be released on Thursday. Most Read from…
RBC BlueBay sees risk of Trump, Harris policies fueling Fed hike
(Bloomberg) — There is a risk the Federal Reserve has to raise interest rates next year given the inflationary policy platforms of both US presidential candidates, according to Mark Dowding,…
Germany’s economy is on track to shrink for a second straight year
BERLIN (AP) — Germany's government said Wednesday that the country's economy, Europe's biggest, is on track to shrink for a second consecutive year — underlining the unpopular administration's troubles as…
Oil prices steady after sliding on potential Israel-Hezbollah ceasefire
By Colleen Howe and Trixie Yap (Reuters) -Oil prices steadied in Asian trading on Wednesday as traders weighed developments in the Middle East conflict against continued bearish expectations for demand.…
Geopolitical risk premium in oil market slips slightly, Goldman Sachs says
(Reuters) – Goopolitical risk premium gauges in the oil market have decreased slightly this week, following sharp increases last week in both Brent implied volatility and call options implied volatility…
Fed Vice Chair Jefferson: rate cut aimed at keeping US job market strong
(Reuters) – Federal Reserve Vice Chair Philip Jefferson on Tuesday said the U.S. central bank's half-percentage-point interest-rate cut last month was aimed at keeping the labor market strong even as…
Fed Vice Chair Jefferson: Sept rate cut was ‘timely’
(Reuters) – The Federal Reserve's 50-basis-point interest-rate cut last month was "timely" and was neither reactive, nor proactive, Fed Vice Chair Philip Jefferson said on Tuesday. "It was timely and…
