Markets

The oil market is closely watching the developments within OPEC+ as the group prepares for a virtual meeting on November 30 to discuss potential production cuts. This comes in the wake of a significant increase in US crude inventories and amid expectations of a Chinese stimulus that could impact demand.…

NEW DELHI – The Indian Rupee depreciated against a strengthening US Dollar today, as India’s services sector experienced a slowdown in growth. The S&P Global Services Purchasing Managers’ Index (PMI) for November fell to 56.9, a decline from October’s 58.4 and below the anticipated 58.0 mark. Despite this deceleration, the…

© Reuters Denmark stocks higher at close of trade; OMX Copenhagen 20 up 0.67% Investing.com – Denmark stocks were higher after the close on Friday, as gains in the , and sectors led shares higher. At the close in Copenhagen, the added 0.67% to hit a new all time high.…

By Hannah Lang WASHINGTON (Reuters) -The U.S. dollar was at a two-week high on Wednesday, while the euro was weak across the board as markets ramped up bets that the European Central Bank (ECB) will cut interest rates as early as March. Although markets are still pricing at least 125…

Source: Putra/Adobe More Chinese cities will give away digital yuan tokens and discount vouchers this month, as the People’s Bank of China (PBoC) looks to spur CBDC adoption. The Hebei News Network reported that the PBoC’s Hebei branch and local government authorities in the province will give out up to…

Stocks rose Thursday after the Federal Reserve’s preferred inflation gauge matched expectations. The Dow Jones Industrial Average hit its highest close of the year. These stocks made moves Thursday:  Salesforce, the provider of cloud-based customer relationship management software, reported fiscal third-quarter adjusted earnings of $2.11 a share on revenue of $8.72…

© Reuters. FILE PHOTO: A man speaks on a mobile phone in front of the head office of HSBC bank in Mumbai November 20, 2008. REUTERS/Arko Datta/File Photo By Lawrence White LONDON (Reuters) -Thousands of HSBC customers in Britain on Friday reported they were unable to access some mobile and…

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