Investing.com — Oil prices settled higher Wednesday, but upside momentum was stifled by an unexpected jump in U.S. crude supplies that fueled fresh concerns about growing global output outpacing demand.  By 14:30 ET (19:30 GMT), the futures settled 0.4% higher at $74.22 a barrel and the contract climbed 0.59% to…

Investing.com – The U.S. dollar gained in early European trade Friday, on course for its strongest week since July ahead of the release of the widely-watched monthly official jobs report. At 04:10 ET (09:10 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded…

 Hong Kong Web3 Festival is returning for its second edition on the 6-9 of April 2024 at the iconic Hong Kong Convention and Exhibition Center (HKCEC). Hosted by Wanxiang Blockchain Labs and HashKey Group, HK Web3 Festival attracted over 50,000 visitors globally across industries in its last edition, making it…

It will be a packed week on both the macro and micro fronts. There’s a Federal Reserve policy meeting, January jobs data, and earnings reports from around 100 S&P 500 firms to look forward to, including the biggest companies on the market.The Federal Open Market Committee will announce a monetary…

© Reuters. Zeekr will begin selling EVs in Singapore in 2H24 China’s Geely-owned Zeekr announced Friday that the automaker has finalized an agreement with a Singaporean company to distribute right-hand drive models of its Zeekr 009 MPVs and Zeekr X urban SUVs to customers in Singapore. According to a spokesperson…

Investing.com– Gold prices moved little in Asian trade on Thursday, sticking to a trading range established over the past week as markets speculated over just when the Federal Reserve will begin trimming interest rates. The yellow metal stuck to a range between $2,000 and $2,050 an ounce seen over the…

By Fergal Smith TORONTO (Reuters) – The Canadian dollar is expected to trade at stronger levels than previously thought over the coming months and year if the U.S. Federal Reserve pivots to cutting interest rates before the Bank of Canada, a Reuters poll found. In 2023 the currency notched a…

Last updated: January 31, 2024 02:38 EST | 3 min read Source: AdobeStock / Gajus The recent launch of exchange-traded funds (ETFs) tracking Bitcoin (BTC) has sparked concerns among experts about the potential risks that could emerge as cryptocurrencies become further intertwined with the traditional financial system.The Securities and Exchange…

Oil futures traded modestly higher on Monday, after a drone attack that killed three U.S. service members in northern Jordan, blamed by the White House on Iran-backed militants, marked a major escalation of tensions in the Middle East. As of Monday, West Texas Intermediate crude for March delivery CL00, -0.41%…

© Reuters. FILE PHOTO: A person holds pharmaceutical tablets and capsules in this picture illustration taken in Ljubljana September 18, 2013. REUTERS/Srdjan Zivulovic/File Photo By Michael Erman and Patrick Wingrove NEW YORK (Reuters) -Drugmakers including Pfizer (NYSE:), Sanofi (NASDAQ:) and Takeda Pharmaceutical plan to raise prices in the United States…