Oil prices steady as China boost fades; US inventories seen shrinking

Investing.com– Oil prices fell slightly in Asian trade on Wednesday, cooling after optimism over more stimulus measures in China sparked strong gains in the prior session.  Markets took little support…

Oil prices steady as China stimulus hopes fade, U.S. crude stockpiles fall

By Laila Kearney (Reuters) – Oil prices steadied on Wednesday after rising in the previous session on fading excitement for the economic stimulus in China, the world’s biggest crude importer,…

Economic calendar for the week 30.09.2024 – 06.10.2024

The S&P500 and Dow Jones stock indices are reaching new highs, while the US dollar continues to face pressure after the US Fed’s decision to cut interest rates by 0.50%…

Developing nations risk being sidelined from renewable energy boom, leaders say

By Valerie Volcovici and Simon Jessop NEW YORK (Reuters) – World leaders on Tuesday said that developing nations risk missing out on a push to triple the amount of renewable…

Oil futures little changed after API report shows larger-than expected crude draw

Investing.com — U.S. crude oil futures were little changed in post-settlement trading Tuesday after the American Petroleum Institute reported a larger-than-expected decline in weekly domestic crude stocks. Crude Oil WTI…

Cuba, Florida brace for impact as Tropical Storm Helene barrels north

By Dave Sherwood HAVANA (Reuters) – Tropical Storm Helene is expected to unleash mudslides and flooding in Cuba before reaching major hurricane strength on Thursday as it hits Florida with…

China’s yuan surges to 16-month peak on new stimulus measures

By Chuck Mikolajczak NEW YORK (Reuters) -China’s yuan hit a 16-month high against the U.S. dollar on Tuesday, after the central bank of the world’s second-largest economy revealed new stimulus…

Oil climbs 2% to three-week high on China stimulus, Mideast conflict

By Scott DiSavino (Reuters) -Oil prices climbed about 2% to a three-week high on Tuesday on news of monetary stimulus from China, the world’s top crude importer, and amid concerns…

Prop Trading: MyFundedFutures Integrates dxFeed for Instant Market Data

Futures prop trading firm MyFundedFutures has integrated dxFeed US Futures into its platform. This collaboration promises to enhance MyFundedFutures’ capabilities and provide participants with access to better market data. Enhancing…

Oil prices settle higher on Chinese stimulus, supply concerns

Investing.com– Oil prices settled higher Tuesday, underpinned by additional monetary stimulus from China boosting hopes for global oil demand and the risk of escalating conflict in the Middle East disrupting supplies. …