Tag: lower
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Crude oil lower; monthly demand reports in focus
[ad_1] By Peter Nurse Investing.com — Oil prices fell Monday, consolidating after last week’s strong gains ahead of the release of demand forecasts from the OPEC and the IEA as well as a deluge of potentially influential economic data due this week. By 04:35 ET (09:35 GMT), futures traded 0.7% lower at $79.55 a barrel,…
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Laid-off Twitter workers feared meager severance deals. Elon Musk just set the bar even lower
[ad_1] Credit: Pixabay/CC0 Public Domain After months of waiting, hundreds of Twitter employees laid off by Elon Musk in early November received their separation agreements by email Saturday morning. The agreements offered one month of severance pay, but with a major catch—employees must sign away their right to ever sue the company, assist anyone in…
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USDCAD Breaks Lower as Rate Forecasts Shift Out of Fed’s Favor
[ad_1] USDCAD, Crude Oil and Interest Rate Talking Points: The Market Perspective: USDCAD Bearish Below 1.3500 USDCAD’s violent reversal this past Friday amid US and Canadian employment data led to a clear break of trendlines support and the 100-day SMA With the midpoint of the August to October advance in view, follow through will need…
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Japanese Yen in Focus as Crude Oil Sails South. Will Lower Energy Prices Sink USD/JPY?
[ad_1] Japanese Yen, USD/JPY, US Dollar, Crude Oil, FOMC, Fed, Gold – Talking Points The Japanese Yen appears to be at a crossroads with lower oil prices The Fed minutes reminded markets that inflation is the key, not holding up equities If crude oil continues to go lower, will USD/JPY resume its downtrend? Recommended by…
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Crude Oil Slips as US Dollar Rallies Amid Recession Fears. Will WTI Push Lower?
[ad_1] Crude Oil, US Dollar, S&P 500, Fed, Japan, USD/JPY, BoJ – Talking Points Crude oil has had a rough start to the year on recession fears The US Dollar has given up some ground today after a solid rally Japan is facing multiple challenges. Will lower WTI help the oil importer? Recommended by Daniel…
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Japanese Yen Springs to Life as Bank of Japan Tightening is in Focus. Lower USD/JPY?
[ad_1] Japanese Yen, USD/JPY, US Dollar, BoJ, China PMI, Crude Oil, Gold – Talking Points The Japanese Yen sustained support today as the US Dollar slides BoJ monetary policy has a way to go in catching up with global peers China is walking a Covid tightrope as markets weigh the possibilities Recommended by Daniel McCarthy…
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Oil prices settle lower as surging COVID cases in China bite into demand optimism
[ad_1] By Yasin Ebrahim Investing.com – U.S. crude oil prices settled lower Wednesday, as surging COVID-19 cases in China cast a shadow over the demand outlook amid Beijing’s recent to move ease pandemic restrictions. On the New York Mercantile Exchange fell $0.57 to settle at $78.96 a barrel, while on London’s Intercontinental Exchange, fell $1.07…
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Oil prices settle lower as surprise build in U.S. stockpiles, China worries weigh
[ad_1] By Yasin Ebrahim Investing.com – U.S. crude oil settled lower Thursday, as a surprise build in U.S. weekly crude stockpiles and ongoing worries about the demand outlook amid surging cases in China weighed. On the New York Mercantile Exchange, fell $0.56 to settle at $78.40 a barrel, while on London’s Intercontinental Exchange, fell $0.53…
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Crude oil lower on fears of economic slowdown; weekly gains likely
[ad_1] By Peter Nurse Investing.com — Oil prices fell Friday on fears the monetary tightening by a series of central banks will severely hit economic growth in the new year, curbing the demand for crude. By 09:25 ET (14:25 GMT), futures traded 3.3% lower at $73.58 a barrel, while the contract fell 3.4% to $78.42…
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Crude oil lower; recession fears rise as central banks hike en masse
[ad_1] By Peter Nurse Investing.com — Oil prices weakened Thursday as a series of interest rate increases by a number of central banks raised concerns about slowing growth and thus weakened demand in 2023. By 09:30 ET (14:30 GMT), futures traded 0.4% lower at $76.94 a barrel, while the contract fell 0.3% to $82.45 a…