Tag: Weighs
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Oil prices rise on Gaza ceasefire setback, but jump in US crude stocks weighs
[ad_1] Investing.com– Oil prices settled higher, as fading hopes of a Gaza ceasefire agreement cooled concerns about potential supply disruptions in the Middle East, but gains were stifled by a larger than expected build in U.S. crude inventories. At 14:30 ET, futures settled up 0.8% to $73.86 per barrel. Gaza ceasefire dashed after Netanyahu rejects Hamas…
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Fed’s Hawkish Takeaway Pushes Up USD, Weighs on AUD/USD, Gold
[ad_1] The Federal Reserve (Fed) kept rates on hold (5.25%-5.5%) at its latest meeting, but delivered a hawkish hold as what markets were anticipating – or rather, more hawkish. The Fed’s dot plot left the door open for one more rate hike by the end of this year as before, but were only looking for…
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Crude oil retreats from 10-month highs; strong dollar weighs
[ad_1] Investing.com — Oil prices edged lower Wednesday, slipping from 10-month highs as traders banked gains after bigger-than-expected supply cuts by Saudi Arabia and Russia pointed to tighter supplies this year. By 09:25 ET (13.25 GMT), the futures traded 0.2% lower at $86.48 a barrel, while the contract dropped 0.4% to $89.67. Both contracts gained…
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Crude oil edges higher on bullish IEA report; U.S. PPI weighs
[ad_1] Investing.com — Crude oil prices rose Friday, helped by upbeat demand forecasts, but gains have been limited by an increase in producer prices in July. By 09:45 ET (13:45 GMT), the futures traded 0.2% higher at $82.97 a barrel, while the contract climbed 0.2% to $86.53. Both contracts are on course to register another…
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Crude oil higher; supply tightness weighs against demand concerns
[ad_1] Investing.com — Oil prices traded higher Monday, helped by indications of supply remaining tight, but overall sentiment remains weak on concerns over slowing U.S. economic growth and a tepid recovery in China. By 08:40 ET (12:40 GMT), traded 0.4% higher at $70.33 a barrel, while the contract rose 0.4% to $74.43 a barrel. The…
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Artificial intelligence expert weighs in on the rise of chatbots
[ad_1] Credit: Pixabay/CC0 Public Domain What if a chatbot comes across as a friend? What if a chatbot extended what could be perceived as intimate feelings for another? Could chatbots, if used maliciously, pose a real threat to society? Santu Karmaker, assistant professor in computer science and software engineering, took a deep dive into the…
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Crude oil lower; China import data weighs ahead of Powell testimony
[ad_1] By Peter Nurse Investing.com — Oil prices fell Tuesday after weak data from top crude importer China raised doubts about the extent of the recovery in the world’s second largest economy. By 09:00 ET (14:00 GMT), futures traded 0.7% lower at $79.72 a barrel, while the contract fell 0.7% to $85.58 a barrel. Trade…
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Crude Oil Lower; Slowing Chinese Business Activity Weighs
[ad_1] By Peter Nurse Investing.com — Oil prices fell Monday as weak Chinese factory activity data raised fears about economic growth, and thus crude demand, at the world’s largest oil importer. By 09:00 ET (13:00 GMT), futures traded 1.8% lower at $86.35 a barrel, while the contract fell 1.3% to $92.51. China’s official fell to…
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Bitcoin Aims at 20,000 After Risk-On Move Weighs on US Dollar
[ad_1] Bitcoin, BTC/USD, Crude Oil, RBA, Technical Outlook – Talking Points Bitcoin prices gain as markets shift to risk-on tone after US markets start Q4 The Reserve Bank of Australia looks ready to deliver its last 50-bps cycle hike BTC/USD primed to attack key technical levels as prices and RSI move higher Recommended by Thomas…
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Oil Dips as Trade Weighs US Inventories Against Russian Supply Blockade
[ad_1] By Barani Krishnan Investing.com — Oil prices dipped on Tuesday as market participants weighed the potential for U.S. stockpile builds last week against news that some oil exports had been suspended on the Russia-to-Europe Druzhba pipeline that transits Ukraine. , the benchmark for US crude, settled down 26 cents, or 0.3%, at $90.50 per…