Oil dips as economic concerns offset Middle East supply worries
Crude oil storage tanks are seen from above at the Cushing oil hub, appearing to run out of space to...
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Gold little changed with focus on Middle East conflict, US economic data
US Q3 GDP data due on Thursday, PCE price index on Friday$2000 still on the cards if MidEast tensions escalate-analystPlatinum down more than 1%Oct 24 (Reuters) - Gold held nearly steady on Tuesday after hitting a five-month high last week, while traders kept one eye on U.S. economic data and another on tensions in the Middle East.Spot gold ticked 0.1% higher at $1,975.39 per ounce by 12:42 p.m. ET (1742 GMT) after falling as much as 1% earlier in the session. U.S. gold futures settled 0.1% lower at $1,986.1."We saw...
Morning Bid: Big Tech reports as bond yields recoil
A look at the day ahead in U.S. and global markets from Mike DolanBig Tech heavyweights Microsoft (MSFT.O) and Alphabet...
Asian shares hit 11-month lows; focus on US economic data
Staff lower Chinese national flag in front of screens showing the index and stock prices outside Exchange Square, in Hong...
Stocks mixed as Wall St eyes elevated Treasury yields, earnings
Treasury yields retreat after crossing 5%Global, Wall Street stocks mixed ahead of earningsOil down 2% on continued Middle East turmoilOct 23 (Reuters) - The benchmark U.S. Treasury yield on Monday pulled back after crossing 5% - a 16-year high - but stock indices were mixed and oil slipped amid continued fighting between Israel and Hamas.Higher bond yields and the risk of a wider Mideast conflict soured investor sentiment at the start of a week full of major corporate earnings and key inflation data. A gauge of global equity markets fell...
Gold rally cools as traders eye MidEast developments, US data
Markets await US PCE price index, Q3 GDP data this weekPalladium up 3%Oct 23 (Reuters) - Safe-haven gold eased on Monday, hitting pause after jumping to within striking distance of the key $2,000 level in the last session, as traders positioned for further developments on the Middle East conflict and U.S. economic data.Spot gold fell 0.3% to $1,976.19 per ounce by 1:41 p.m. ET (1741 GMT). U.S. gold futures settled 0.3% lower at $1,987.80.Reuters Graphics"Safe-haven demand will continue to drive gold higher after a slight period of consolidation. We believe...
Tensions soar over new fund for climate ‘loss and damage’ ahead of COP28
Committee fails to adopt recommendations to set up fundDeveloping nations reject proposal of World Bank as hostTime running short to...
Global equity funds see fifth consecutive weekly outflow amid rising bond yields
U.S. dollar banknotes are seen in this illustration taken March 10, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsOct 20 (Reuters)...
Morning Bid: Five alive: US yield curve nears historic level
A passerby walks past an electric monitor displaying recent movements of various stock prices outside a bank in Tokyo, Japan, March 22, 2023. REUTERS/Issei KatoFile Photo Acquire Licensing RightsOct 20 (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.Another watershed day for U.S. Treasuries on Thursday - the entire curve came within a whisker of trading above 5% - is set to weigh heavily on Asian market sentiment on Friday and potentially seal one of the biggest weekly losses for regional stocks...
Wall St ends lower on Powell remarks as benchmark Treasury yields near 5%
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 26, 2023....
