Hotter US core CPI lifted FOMC rate hike odds to 88%, boosting the dollar against the euro. USD/JPY slipped as markets priced a 96% chance of a BOJ hike. WTI fell 2.4% on IEA demand warnings, while g…
The US dollar advanced against the Canadian dollar as hotter core CPI data solidified expectations for an imminent Federal Reserve rate hike. Higher Treasury yields pressured gold, while crude oil pr…
Major U.S. stock indexes gained over 1% as all sectors advanced, led by technology, despite August CPI accelerating to 0.4% month-over-month. Fed rate hike expectations rose to 86%, while the VIX dec…
Crude oil prices slid following reports of a potential ceasefire, reducing geopolitical risk premiums around the Strait of Hormuz. The decline provides a terms-of-trade tailwind for the oil-importing…
US equity indexes traded mixed as tech and semiconductor stocks slid, led by a 3% decline in Nvidia. Meanwhile, WTI and Brent crude oil fell over 2% even as the US announced aggressive new sanctions …
Global equities and US stock futures rose, led by a 1.65% jump in the Nikkei 225, signaling strong risk-on market sentiment. Meanwhile, crude oil futures declined by 1.61%, easing near-term inflation…
Global oil benchmarks declined, with USOIL dropping over 1.5% and UKOIL falling nearly 0.5%, reflecting immediate selling pressure in the energy markets.
Global oil benchmarks slipped, with USOIL (WTI) falling nearly 1.5% and UKOIL (Brent) showing a milder decline, signaling immediate bearish sentiment in energy markets.