Wednesday's report was seemingly the last hurdle for the to cut . With the CPI index matching Wall Street forecasts, the Fed Funds futures market now implies a 97% chance the Fed will cut rates next Wednesday. The data was OK but…
By Anna Hirtenstein LONDON (Reuters) -Oil prices were little changed on Thursday as a forecast for ample supply in the oil market offset optimism stemming from rising expectations of a U.S. interest rate cut. futures were up 2 cents at…
A look at the day ahead in U.S. and global markets from Mike Dolan With interest rates tumbling across the world and set to fall stateside again next week too, Wall Street stocks are sizing up one of the best years of the century so far.…
The International Energy Agency (IEA) has revised its oil demand projections upward for 2025, attributing the increase to the economic stimulus measures in China. The Paris-based organization now expects global oil demand to expand by 1.1…
Investing.com -- The rally in gold prices “isn’t over just yet,” according to ING.The precious metal has enjoyed a record-breaking rally in 2024, surging 25% year-to-date driven by a combination of Federal Reserve rate cuts, increased…
By Nidhi Verma NEW DELHI/MOSCOW (Reuters) -Russia's state oil firm Rosneft has agreed to supply nearly 500,000 barrels per day (bpd) of crude to Indian private refiner Reliance in the biggest ever energy deal between the two countries,…
Investing.com-- Gold prices fell from a more-than two-week high in Asian trade on Thursday as investors gauged the implications of in-line U.S. consumer inflation data on the outlook for interest rates. Among industrial metals, copper…
(Reuters) - The U.S. solar industry unveiled its lobbying strategy for the incoming Trump administration on Thursday, promoting itself as a domestic jobs engine that can help meet soaring power demand, without referencing its role in…
What are some of the recent innovations that you believe are shaping markets and, more broadly, the global economy?Technology and venture capital are going global, and this will continue to have a profound effect on the…