Oil eases on weak U.S. fuel demand
By Nicole Jao NEW YORK (Reuters) -Oil prices fell slightly on Friday as investors weighed weak U.S. fuel demand, but key inflation data for May boosted the chances of the…
Column-Dollar is only winner from China-West trade war: McGeever
By Jamie McGeever ORLANDO, Florida (Reuters) – The only “winner” from a possible all-out trade war between the West and China will probably be the U.S. dollar. Uncertainty around global…
South African rand rallies on hope DA and ANC can agree on cabinet posts
JOHANNESBURG (Reuters) -The South African rand rallied on Friday on optimism that the Democratic Alliance (DA) and African National Congress (ANC) would reach an agreement over cabinet positions, a day…
AI’s Financial Impact: Key Findings from BIS
The Bank for International Settlements highlights AIโs transformative potential in the financial sector. By enhancing data processing capabilities, AI models, particularly large language models (LLMs), streamline regulatory compliance, fraud detection,…
DraftKings (DKNG) Stock Forecast for 2024, 2025โ2026 and Beyond
In the ever-evolving landscape of online sports betting and gaming, Draftkings Inc. (DKNG) stands out as a prominent player with its innovative platform that allows users to engage in sports…
Trafigura, Gunvor demand sparks jump in Brent oil benchmark
By Alex Lawler LONDON (Reuters) – Trading houses Trafigura and Gunvor bought nine cargoes of crude that underpin the international Brent benchmark in the last week and bid for more,…
Oil steadies after US inflation data lifts rate cut hopes
By Arunima Kumar BENGALURU (Reuters) – Oil prices rose on Friday and were on course for a third straight weekly jump, buoyed by growing expectations that the U.S. Federal Reserve…
StoneX Advances Market Access with New Commodities Trading Options
StoneX Group Inc. has reported the execution and clearance of the initial trade on the inaugural trading day of Abaxx Commodity Futures Exchange and Clearinghouse. Dedicated Forex cloud solutions with…
Oil prices to stay steady as China demand woes offset Mideast risks
By Rahul Paswan and Kavya Balaraman (Reuters) -Oil prices will not change much in the second half of 2024 as concerns around demand from China and prospects of higher supply…
Oil prices set for strong June; geopolitical tensions add risk premium
Investing.com — Oil prices rose Friday and were headed for strong gains in June as fears of supply disruptions in Russia and the Middle East largely offset concerns over slowing…
