Oil prices settle lower as traders weigh summer demand, weak China imports
Investing.com– Oil prices settled lower Friday as traders weighed up rising summer demand and data showing Chinese crude imports shrank in June. At 14:30 ET (18:30 GMT), West Texas Intermediate crude…
Oil futures fall on weaker consumer sentiment
By Nicole Jao NEW YORK (Reuters) -Oil prices edged lower on Friday as investors weighed weaker consumer sentiment against data that supported a U.S. Federal Reserve rate cut in September.…
Oil futures rise as US inflation eases
By Paul Carsten LONDON (Reuters) -Oil prices rose on Friday amid signs of easing inflationary pressures in the United States, the world’s biggest oil consumer, though Brent crude was still…
USDA increases US corn production estimate, cuts stocks
By Heather Schlitz (Reuters) – The U.S. Department of Agriculture raised its estimate for corn production and cut the soybean production forecast on Friday, adjusting its estimates in line with…
XAU/USD: Potential CTA selling likely to be offset by physical demand – UBS
Gold has shown stronger support than anticipated over the summer, with prices rebounding above $2400 following softer-than-expected US inflation data, according to UBS. The investment bank notes the precious metal…
A million homes, businesses in Texas still without power after Hurricane Beryl
By Arathy Somasekhar HOUSTON (Reuters) – About a million homes and businesses in Texas remained without power on Friday, five days after Hurricane Beryl made landfall, with fierce winds and…
From Cards to Instant Transfers: Latin America’s Payment Evolution
Latin America’s digital payments sector is on the brink of a significant transformation, propelled by Inswitch’s strategic partnership with N1CO to deploy Visa cards and the revolutionary impact of Brazil’s…
Nearly a million in Texas still without power after Hurricane Beryl
By Arathy Somasekhar HOUSTON (Reuters) – About a million homes and businesses in Texas remained without power on Friday, five days after Hurricane Beryl made landfall, with fierce winds and…
CySEC Unveils Regulatory Sandbox, Invites FinTech and RegTech Applications
Discover Why Sydney is the Place to Be This August! 🏖️🌆 From perfect weather and vibrant festivals to stunning beaches and delicious cuisine, Sydney has it all. 🌞 Explore world-class…
USD/CHF: Elliott wave analysis and forecast for 12.07.24 – 19.07.24
The article covers the following subjects: Key takeaways: Main scenario: consider short positions from corrections below the level of 0.9050 with a target of 0.8546 – 0.8325. A sell signal:…