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Oil gains as U.S. dollar eases though demand fears linger
Oil gains as U.S. dollar eases though demand fears linger Source link More
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Oil prices steady on US dollar weakness; recession fears weigh
Oil prices steady on US dollar weakness; recession fears weigh Source link More
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Oil prices extend decline on recession fears, China COVID curbs
Oil prices extend decline on recession fears, China COVID curbs Source link More
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Oil prices slip after US interest rate hike on fears for demand
Oil prices slip after US interest rate hike on fears for demand Source link More
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European Stock Futures Weaken; Recessionary Fears Grow By Investing.com
© Reuters. By Peter Nurse Investing.com – European stock markets are expected to open lower Friday, following Wall Street south on renewed fears that aggressive monetary tightening will result in a global recession. At 02:00 ET (06:00 GMT), the contract in Germany traded 0.9% lower, in France dropped 0.6% and the contract in the U.K. […] More
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Chinese Yuan Breaches 7 Per Dollar as Recession Fears Hit Asia FX By Investing.com
© Reuters. By Ambar Warrick Investing.com– Most Asian currencies fell on Friday, with China’s yuan slipping past an important psychological level as concerns over rising interest rates and a potential recession dented appetite for regional assets. The slipped 0.2%, crossing the 7 level against the dollar for the first time in over two years, as […] More
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Oil Prices Head for Third Week of Losses as Recession Fears Bite By Investing.com
© Reuters. By Ambar Warrick Investing.com– Oil prices inched up on Friday, but were headed for a third straight week of losses on fears that COVID disruptions in China and a potential economic recession will decimate crude demand this year. The prevention of a possible U.S. railroad strike, which was expected to disrupt local crude supply, […] More
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Oil extends losses on recession fears By Reuters
© Reuters. General view of the Fos-Lavera oil hub near Marseille, France, September 17. REUTERS/Jean-Paul Pelissier By Sonali Paul MELBOURNE (Reuters) – Oil prices dipped in early trade on Friday, extending the week’s losses as concern over tight supply was outweighed by escalating fear of sharp interest rate hikes slamming global growth and hitting fuel […] More
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S&P 500 futures drop after FedEx stokes fears about economy By Reuters
© Reuters. A FedEx worker delivers packages in Manhattan, New York City, U.S., May 9, 2022. REUTERS/Andrew Kelly By Noel Randewich (Reuters) – S&P 500 futures fell on Thursday, suggesting traders expect Wall Street to open down in its next session, after FedEx (NYSE:) withdrew its financial forecast and added to worries about a slowing […] More
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Dow Stumbles as Fears of Longer Hawkish Fed Policy Bite By Investing.com
© Reuters. By Yasin Ebrahim Investing.com — The Dow stumbled Thursday, weighed down by falling energy and tech stocks with the latter pressured by rising Treasury yields as investors price in higher for longer Federal Reserve interest rate hikes to quell inflation. The fell 0.6%, or 173 points, the was down 1.4% and the fell […] More
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S&P 500 Slips, Led by Tech, Energy on Fears Fed to Keep Rates Higher for Longer By Investing.com
© Reuters By Yasin Ebrahim Investing.com — The S&P 500 fell Thursday, weighed down by falling energy and tech stocks with the latter pressured by rising Treasury yields as investors price in higher for longer Federal Reserve interest rate hikes to quell inflation. The fell 1.3%, the fell 0.7%, or 219 points, the was down […] More
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Crude Oil Lower; Stronger Dollar, Demand Fears Weigh By Investing.com
© Reuters By Peter Nurse Investing.com — Oil prices fell Thursday, weighed by a stronger dollar and on expectations of reduced economic activity given aggressive monetary tightening. By 09:35 ET (13:35 GMT), futures traded 2.1% lower at $86.66 a barrel, while the contract fell 2.2% to $92.03. U.S. were down 3.7% at $2.4317 a gallon. […] More