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  • Oil Surges As Speculation Over OPEC Cut Outweighs China concerns

    Oil Surges As Speculation Over OPEC Cut Outweighs China concerns0

    Oil prices jumped on Tuesday as traders bet that recent weakness in the market will invite more supply cuts by the OPEC, while anti-government protests in China and hawkish signals from the Federal Reserve worsened the outlook for demand. Oil marked a volatile start to the week, initially tumbling as much as 3% as Chinese

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  • Dow Futures Dip After Positive Week

    Dow Futures Dip After Positive Week0

    U.S. stock futures were trading lower during Sunday’s evening trade, after major benchmark indices finished the holiday shortened week higher as investors proved optimistic amid potentially smaller interest rate hikes from Federal Reserve policymakers. By 6:36pm ET (11:36pm GMT) Dow Jones Futures were down 0.2%, S&P 500 Futures fell 0.3% and Nasdaq 100 Futures were

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  • How to Set Financial Goals for Your Future

    How to Set Financial Goals for Your Future0

    Setting short-term financial goals, as well as midterm and long-term, is an important step toward becoming financially secure. If you aren’t working toward anything specific, you’re likely to spend more than you should. You’ll then come up short when you need money for unexpected bills, not to mention when you want to retire. You might

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  • Dollar Down as Fed Minutes, U.S. Data Weighs

    Dollar Down as Fed Minutes, U.S. Data Weighs0

    The U.S. dollar fell across the board on Wednesday, after minutes from the Federal Reserve’s November meeting showed that most policymakers at the central bank agreed it would soon be appropriate to slow the pace of interest rate hikes. The readout of the Nov. 1-2 meeting, at which the Fed raised its key rate by

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  • Gold steady, Copper Rises Amid Smaller Rate Hike Expectations

    Gold steady, Copper Rises Amid Smaller Rate Hike Expectations0

    • Gold
    • November 23, 2022

    Gold prices steadied on Wednesday, while copper extended strong gains as risk-driven assets rallied on expectations that the Federal Reserve will hike interest rates at a slower pace in the near-term, which also trimmed dollar gains. A growing number of Fed officials said in recent weeks that the central bank is likely to raise interest

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  • Oil Rises on Saudi Supply Signals, But Demand Fears Cap Gains

    Oil Rises on Saudi Supply Signals, But Demand Fears Cap Gains0

    Oil prices rose on Tuesday following commitments to tightening supply from Saudi Arabia and the Organization of Petroleum Exporting Countries (OPEC), although concerns over slowing demand in China and a potential U.S. recession kept gains muted. Crude markets reversed sharp losses in a volatile session on Monday after Saudi Arabia, the leader of the OPEC

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