OPEC+ Announced Massive Oil Output Cuts, Showing Commitment to Support Prices
OPEC and allies, including Russia, agreed on Wednesday on deep oil production cuts, sending USOil to three-week highs
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OPEC and allies, including Russia, agreed on Wednesday on deep oil production cuts, sending USOil to three-week highs
Elon Musk is known for his commentary around Doge, having even suggested its use on Twitter, so the Crypto jumped on news that h now intends to complete acquisition of the social networking platform
The central bank of New Zealand maintained its hawkish stance and delivered another 50 basis points interest rates hike today, just a day after its Australian counterpart slowed its pace
Tuesday marked another episode to the acquisition saga, as Tesla’s CEO offered to buy Twitter at the original price of the April agreement, after previously having backed away from the deal
Australia’s central bank raised interest rates again today, but the 0.25% move was smaller than expected and constituted a step back from the larger hikes in the previous four meeting
The pair finds stability after last week’s intense price action, as the UK Chancellor confirmed that he will not go ahead with the abolishment of the top tax rate bracket
During the final week of September and Q3, there were many corporate news as the latest earnings season approaches, including Amazon’s new sale event, Nike’s results and more
The pair runs its seventh straight profitable week, as markets brace for today’s PCE inflation from the United States
Sentiment takes another nosedive today and Wednesday’s relief rally falters, as markets brace for key economic data from the US, later in the day and on Friday
Prices staged a rebound over the last couple of days, on the back of disruption due to hurricane Ian and lower weekly inventories, but face renewed pressure today and USOIL heads towards another losing month
The German index extends is losses to new two year lows, as central banks offer hawkish commentary, sustaining market apprehension over an economic downturn
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