Ritu

Oil Languishes Below $80 as Recession Fears Outweigh Tighter Supply 0
- Market
- December 7, 2022
Oil hovered near a one-year low on Wednesday as increasing concerns over U.S. economic health and the Federal Reserve largely offset positive supply-side signals from a bigger-than-expected draw in crude inventories. A growing number of Wall Street banks warned of a potential recession in 2023, especially if interest rates keep rising and if inflation proves
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Gold Slumps Below $1,800 as Fed Fears Resurfacea 0
- Gold
- December 6, 2022
Gold prices sank below key levels on Tuesday, with metal markets back under pressure as stronger-than-expected U.S. data boosted the dollar and ramped up uncertainty over strength in the U.S. economy and how the Federal Reserve will respond to it. The dollar rose for the first session in four on Monday, recovering from a five-month
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Asia FX Rallies on China Reopening Fervor, Dollar Hits 5-Month Low 0
- Economy
- December 5, 2022
Most Asian currencies rose sharply on Monday as more Chinese cities relaxed some anti-COVID measures, while improving risk appetite and expectations of smaller rate hikes saw the dollar sink to an over five-month low. The yuan was the best performer for the day, rising 0.9% to 6.9628- its strongest level against the dollar since mid-September.
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France’s Macron Discussed Twitter Content Rules in Meeting With Musk 0
- Market
- December 3, 2022
Emmanuel Macron said he had a “clear and honest” discussion with Twitter owner Elon Musk about the social media platform’s content moderation policies, just a day after the French president had flagged his concerns on the issue. “Transparent user policies, significant reinforcement of content moderation and protection of freedom of speech: efforts have to be
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