WTI Oil Steady Amid Mideast Tensions and US Inventory Build
West Texas Intermediate (WTI) crude oil maintained a tight trading range as geopolitical supply risks countered a significant increase in US
Latest commodities news and market analysis
West Texas Intermediate (WTI) crude oil maintained a tight trading range as geopolitical supply risks countered a significant increase in US
This article clarifies the Personal Consumption Expenditures (PCE) index, the Federal Reserve's preferred inflation gauge, and its distinct
Major European stock indices concluded the trading day mostly lower, with French shares seeing the largest decline, as US inflation data ali
US crude oil inventories significantly increased last week, surpassing analyst forecasts and potentially influencing energy market dynamics.
The US Consumer Price Index (CPI) showed a 3.4% annual increase in July, aligning with forecasts and marking a slight deceleration.
The Indian Rupee extended its decline against the US Dollar on Wednesday, pressured by rising oil prices and upcoming inflation reports.
Global crude benchmarks Brent and WTI rose, reflecting persistent geopolitical risks and disruptions to key shipping lanes and refining capa
Gulf states are increasingly developing alternative land-based trade corridors to mitigate potential disruptions at the Strait of Hormuz.
Gold finds support near $2,350, with market participants keenly awaiting US CPI data to gauge potential future price direction.
Asian stock markets showed divergence as South Korean tech giants surged on AI demand, while Japanese indices awaited US inflation data.
Recent US presidential comments on the Strait of Hormuz contrast with ongoing shipping incidents and Iranian statements, influencing oil pri
Goldman Sachs' chief economist forecasts a subdued July US CPI, suggesting a continued easing of inflationary pressures.
Japanese government bond yields are increasing across various maturities, driven by rising crude oil prices and inflation concerns.
External inflation, driven by global events rather than domestic factors, is influencing the Reserve Bank of Australia's policy outlook.
A recent survey indicates improved sentiment among Japanese manufacturers, driven by a robust semiconductor supply chain, reaching its highe
US Treasury yields saw a decline as market participants awaited key inflation data and monitored developments in US-Iran relations.
A recent private industry survey indicated a substantial rise in US crude oil inventories, contrasting market expectations for a draw.
US crude oil stockpiles unexpectedly surged by over 9 million barrels last week, far exceeding analyst predictions for a draw.
Crude oil prices are experiencing volatility as market participants weigh diplomatic efforts in the Strait of Hormuz against ongoing maritim
Major US stock indices largely closed lower, with the Nasdaq Composite experiencing the steepest decline, while small caps saw modest gains.
US stock markets saw modest declines, influenced by ongoing AI investment discussions and Google's continued underperformance.
Silver prices pulled back significantly on Tuesday, influenced by geopolitical developments despite stable US dollar and Treasury yields.
The Japanese Yen shows stability against the US Dollar, trading near 159.00 as market participants await crucial US inflation figures.
Gold experiences a modest decline, influenced by a stronger US Dollar and anticipation surrounding key inflation figures.