ConocoPhillips, Marathon Oil get second US FTC request over $22.5 billion deal
(Reuters) – Top U.S. independent oil producer ConocoPhillips (NYSE:COP) said on Friday it received a second request from the U.S. Federal Trade Commission for information on its proposed acquisition of…
Oil trades in narrow range since 2022 on OPEC+, sanctions and demand worries
By Ahmad Ghaddar and Alex Lawler LONDON (Reuters) – Brent crude oil has been trading in a tight range of $75-$90 a barrel since late 2022 as OPEC+ cuts keep…
Morning Bid: Disinflation, rotation and a bruised dollar
(Reuters) – A look at the day ahead in U.S. and global markets from Mike Dolan A violent rotation from Big Tech into small cap stocks followed the surprisingly benign…
HSBC’s new gold prices forecast calls for a 12% drop in 2025
Gold prices surged to a record high in mid-May, driven by robust safe haven and hedge fund purchases. This rally has been prompted by expectations of rate cuts from the…
Oil rises 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, with Brent crude peaking…
Oil rises as US inflation eases; Brent heads for weekly dip
By Jeslyn Lerh SINGAPORE (Reuters) -Oil prices inched up on Friday amid signs of easing inflationary pressures in the United States, the world’s biggest oil consumer, although Brent crude was…
Bitcoin price today: down to $56k amid little relief from Mt Gox fears
Investing.com– Bitcoin price fell on Friday, reversing a recent rebound as traders remained largely on edge over selling pressure from distributions by defunct exchange Mt Gox, as well as capitulation…
Gold prices steady above $2,400 as soft CPI data fuels rate cut bets
Investing.com– Gold prices fell slightly in Asian trade on Friday, but were sitting on strong gains from the prior session as softer-than-expected U.S. inflation data ramped up bets on a…
Asia FX weakens as yen volatility spurs caution; dollar dented by soft CPI
Investing.com– Most Asian currencies fell slightly on Friday as traders turned cautious amid increased volatility in the Japanese yen, which sparked speculation over whether the government had intervened in markets.…
Dollar hovers around 1-mth low as soft CPI data spurs rate cut bets
Investing.com– The dollar steadied against a basket of currencies on Friday after softer-than-expected inflation data saw the greenback sink to one-month lows, amid increased bets that the Federal Reserve will…
