The Federal Reserve's December FOMC meeting is set to be a pivotal moment for markets.
While a 25bps rate cut is a foregone conclusion, recent data showing sticky inflation and a resilient economy support the case for pausing rate cuts…
Investing.com -- Cocoa futures in New York have surged to a new record, surpassing $12,000 a ton. This sharp increase is due to growing worries about diminished production in Ivory Coast, the world's leading cocoa producer.
The most…
By Arunima Kumar (Reuters) -Oil prices rose slightly on Wednesday as investors stayed cautious ahead of a potential interest rate cut by the U.S. Federal Reserve, while a draw in inventories offered further support. futures rose 57 cents,…
MOSCOW (Reuters) - An oil spill from damaged tankers has contaminated a long stretch of sandy beaches along the Russian Black Sea shoreline, polluting the air and threatening wildlife in one of the worst ecological disasters to hit the…
Investing.com -- UBS strategists expect to build on its gains heading into 2025.The bullion has remained steady around $2,650/oz this week, constrained by the strength of the US dollar, rising US Treasury yields, and improved risk appetite…
By Jonathan Saul and Parisa Hafezi LONDON/DUBAI (Reuters) - Iran's Revolutionary Guards have tightened their grip on the country's oil industry and control up to half the exports that generate most of Tehran's revenue and fund its proxies…
By Anna Hirtenstein and Alex Lawler LONDON (Reuters) - OPEC+ is wary of a renewed rise in U.S. oil output when Donald Trump returns to the White House, delegates from the group said, because more U.S. oil would further erode OPEC+ market…
Investing.com-- Gold prices were largely steady in Asian trade on Wednesday after falling in the previous session, as the Federal Reserve kicked off its December policy meeting that is expected to conclude with a rate cut.However, markets…
Several updated nowcasts for US economic activity in the fourth quarter have been revised sharply higher recently, but the median estimate barely changed, based on the several data points from a range of sources compiled by…