Markets
The energy sector is facing heightened uncertainty as disagreements among OPEC members over production quotas have led to a postponed meeting, stirring unease among oil traders. The internal conflict within the Organization of the Petroleum Exporting Countries (OPEC) has been a key factor in the recent struggle of Oil prices…
Investing.com – The dollar dipped in European trade on Thursday, as markets remained on edge before key U.S. labor data, while the yen appreciated as Bank of Japan Governor Kazuo Ueda offered more cues on a potential pivot away from the central bank’s ultra-dovish stance. At 06:42 ET (11:42 GMT),…
Source: mizar_21984/Adobe The CVM, Brazil’s markets regulator, has co-launched a glossary of crypto-related terms in a bid to “standardize” terminology in the Latin American nation. The glossary was co-compiled and published by the Brazilian Cryptoeconomics Association (ABCripto), a crypto industry group. Per the Portuguese-language media outlet Criptofacil, the CVM’s Education…
The Dow Jones Industrial Average surged Thursday to score its highest close since January 2022, while the S&P 500 and Nasdaq scored their best monthly gains since July 2022. How did stocks trade The Dow Jones Industrial Average DJIA surged 520.47 points, or 1.5%, to end at 35,950.89, its highest…
© Reuters. FILE PHOTO: Zhao Changpeng, founder and chief executive officer of Binance, attends the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France June 16, 2022. REUTERS/Benoit Tessier/File Ph By Nate Raymond (Reuters) – Lawyers for former Binance CEO Changpeng Zhao…
Gold prices saw a slight increase today, with trading at $1992 as US markets took a break for Thanksgiving, resulting in lower trading volumes. The precious metal has been supported by a decline in US Treasury yields and a weakening of the US dollar, maintaining its position in the tight…
Source: prokop.photo/Adobe Can Bitcoin (BTC) sustain its bullish price momentum this week? Not for long according to James Check – lead on-chain analyst at Glassnode. The leading cryptocurrency exploded to $44,400 on Tuesday, marking a new yearly high up 16.5% from 7 days prior. Yet despite his long-term optimism on…
Four years ago Tesla promised a Cybertruck with a 500 mile battery range priced at $39,900, according to Wired. On November 30, Tesla laid an egg — announcing a base Cybertruck with 50% less range (250 miles) priced at $60,990, noted Wired, which is 53% above the amount promised in…
Oil futures settled with a loss on Thursday, erasing early gains after OPEC+ agreed on additional, voluntary production cuts that drew skepticism from traders.Price action West Texas Intermediate crude for January delivery CL00, -0.97% CL.1, -0.97% CLF24, -0.97% fell $1.90, or 2.4%, to settle at $75.96 a barrel on the…
© Reuters. The logo of Amazon is seen at the company logistics centre in Boves, France, October 6, 2021 REUTERS/Pascal Rossignol/File Photo LONDON (Reuters) -Amazon workers walked out on strike at multiple locations across Europe on Friday in protests against the U.S. e-commerce giant’s working practices on one of the…