Oil: U.S. crude back to $80 on back of bustling economy
Investing.com - The Federal Reserve said it a day ago and the Commerce Department has just proven it: There less chance of a U.S. recession happening as the days go by — unless, of course,...
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Cooling business is super hot: Here's India's $1.6 trillion heat-wave opportunity
By 2037, the demand for cooling — for products such as air-conditioners, refrigerators and cold chains — is likely to be eight times more than current levels. This would mean there will be...
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Republicans Question If Default Is as Close as Yellen Says It Is
(Bloomberg) -- House Republicans aren’t buying Treasury Secretary Janet Yellen’s warning that the US government will run out of money as soon as June 1, or her dire predictions of default,...
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Traders Zero In on June US Default Risk, Pushing Yields Above 5%
(Bloomberg) -- Yields on Treasury bills for early June soared in New York trading Tuesday in the wake of a warning from Treasury Secretary Janet Yellen that the US government could run into...
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A Standoff Is Coming in Summer 2023 — and It’s Over the National Debt
(Bloomberg) -- President Joe Biden is headed toward a standoff over the national debt next year, when Republicans newly in control of the US House threaten to demand concessions for raising...
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Central Banks Hoard Cash in Case They Need to Save Their Currencies
(Bloomberg) -- Central banks around the world are swapping their stockpiles of US Treasuries for cash -- just in case they need to intervene in markets to bolster their currencies. Foreign...
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Fed’s QT to Hit ‘Full Stride’ With Central Bank Shrinking $9 Trillion Portfolio
(Bloomberg) -- The Federal Reserve’s balance-sheet unwind is set to ramp up this week, which means the central bank will finally begin unloading the Treasury bills it started amassing almost...
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Powell Signals More Fed Hikes Coming, But Leaves Out Details This Time
(Bloomberg) -- Jerome Powell said the Federal Reserve will press on with the steepest tightening in a generation to curb inflation while giving officials more flexibility on coming moves...
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Forget June Plunge; Oil Back on High Octane from Supply Squeeze
By Barani Krishnan Investing.com -- A month can seem like a long time ago on the oil market. Crude prices flew higher on Friday as trading began for July on the back of fresh supply scares...
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Oil in Red for Second Week, First Since April as Recession Fears Grow
By Barani Krishnan Investing.com -- Oil headed for its second weekly loss despite a late rebound in crude prices Friday, suggesting that recession fears could pose a greater challenge to...
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Oil up as Bulls Eye Summer Flights Amid Debate Over Gasoline Prices
By Barani Krishnan Investing.com -- It’s either this or that. With the debate over road travel growing as gasoline sells at around $5 a gallon, oil bulls have turned their attention to...
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Oil Falls as Dollar Surge Offsets Plan for New Russia Sanctions
(Bloomberg) -- Oil ended a volatile session lower as a stronger U.S. dollar offset a potentially bullish impact from plans by the U.S., European Union and Group of Seven nations to install...
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Precious Metals & Energy - Weekly Review and Outlook
By Barani Krishnan Investing.com -- As the first trading month of the year draws to a close, it’s interesting to see how different gold’s reaction has been to inflation, compared with that...
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Oil Bulls Coast to 6th Weekly Win on Ukraine, OPEC Theater
By Barani Krishnan Investing.com - There are fewer better times in oil trading that one could have picked to be a bull, like now. Crude prices posted a sixth straight weekly win, with global...
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Four Fed Hikes May Be Just the Start as Traders Lift Rate Bets
(Bloomberg) -- The drumbeat for the Federal Reserve to implement four quarter-point interest-rate hikes this year is growing -- and with the pace that markets have been moving, there’s a...
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U.S. Oil Tumbles Beneath $70 on Weaker Demand Warning
By Barani Krishnan Investing.com - Oil prices tumbled for a second day in a row on Tuesday, with the U.S. crude benchmark falling beneath the key $70 per barrel support, on a weaker demand...
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Oil Bulls on to 9th Winning Week, But With a Little More Volatility
By Barani Krishnan Investing.com - Oil bulls scored a ninth straight winning week as market attention again turned to the three-year lows in inventories at the U.S. storage hub for crude,...
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T-Bill Distortions Are Deepening: Debt Ceiling Anxiety Tracker
(Bloomberg) -- Dislocations in the Treasury-bill curve are getting deeper, with investors becoming more concerned about the U.S. potentially exhausting its borrowing authority as each day...
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U.S. Crude Trades Cents Away From $80 Ahead of Weekly Data
By Barani Krishnan Investing.com - Oil prices kept up with their relentless climb on Tuesday, with U.S. crude futures coming within cents of the $80 barrel level they last reached in 2014,...
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Debt Ceiling Debacle Threatens Fireworks in U.S. Money Market
(Bloomberg) -- The imminent return of the U.S. debt ceiling is causing angst for money-market traders once again. While the risk that Uncle Sam might default by missing a payment on a bill...
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OPEC Meeting, Jobless Claims, President Xi, Bitcoin - What's Moving Markets
By Peter Nurse Investing.com --OPEC meets with Russia and others to decide whether or not to raise oil output, U.S. initial jobless claims are due; Bitcoin starts receiving official...
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Bitcoin Bounces as Gold Continues its June Downtrend of Nearly 8%
After going above $36,600 on Tuesday, today, the price of Bitcoin is keeping around $35,000 but still trading sideways and in the $30k-$40k range. The next level to watch now is the 50-day...
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UPDATE 1-UK Stocks-Factors to watch on May 12
(Adds news items, futures)May 12 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 35 points lower at 6,913 on Wednesday, according to financial bookmakers, with futures FFIc1 seen...
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Powell Hammers Home Dovish Message in ‘Clean Break’ With Old Fed
(Bloomberg) -- Federal Reserve Chair Jerome Powell repeatedly stressed on Wednesday that the central bank won’t raise interest rates until the U.S. economy shows tangible evidence it has...
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Oil Dips 3rd Day in Row on Talk of Iran Undermining OPEC+ Cuts
By Barani Krishnan Investing.com - Oil prices dipped for a third straight day on Tuesday as players mused over talk of Iran negating OPEC+ production cuts. The stuttering pace of Covid-19...
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Oil Jumps, Powered by Biden Stimulus After Early Week Slide
By Barani Krishnan Investing.com — Oil was back in rally mode on Thursday, after an early week stumble, as President Joe Biden signed his Covid-19 relief bill into law, sending prices of...
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UPDATE 2-FTSE 100 ends higher on defensive boost, but miners weigh
(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)* Consumer spending hit in February* TP ICAP (LON:NXGN) falls on downbeat outlook*...
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UK shares inch lower as stronger pound, consumer spending data weigh
(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)* FTSE 100 down 0.2%, FTSE 250 off 0.1%March 9 (Reuters) - London's FTSE 100 fell...
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UPDATE 1-UK Stocks-Factors to watch on March 9
(Adds futures, news items)March 9 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening open 7 points lower at 6,713 on Tuesday, according to financial bookmakers, with futures .FFIc1...
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UK Stocks-Factors to watch on March 9
March 9 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening open 7 points lower at 6,713 on Tuesday, according to financial bookmakers.* BP: BP plc BP.L has stopped importing oil...
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Precious Metals & Energy - Weekly Review and Calendar Ahead
By Barani Krishnan Investing.com - Like a river of green, U.S. dollars are flooding commodity markets, lifting prices of almost everything from oil to copper, soybeans and even hog futures. ...
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Oil Down Slightly, Snapping 8-Day Rally
Investing.com - Oil prices fell for the first time in nine days after a rally that many analysts said was overdone. But the drop of less than 1% was barely commensurate with the 12% gain of...
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Powell, With Year to Run at Fed, Aims to Avoid Past QE Mistake
(Bloomberg) -- Federal Reserve Chair Jerome Powell heads into what could be his last year atop the central bank determined not to repeat the mistake he made when he was a neophyte monetary...
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UPDATE 1-UK Stocks-Factors to watch on Jan 25
(Adds futures, news items)Jan 25 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 13 points higher at 6,708 on Monday, according to financial bookmakers, with futures .FFIc1 up...
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Oil Up 8% in First Week of Year; Demand on Watch After Saudi Move
By Barani Krishnan Investing.com - Oil has started the year with a boom, ending the first week with a gain of nearly 8%, as OPEC kingpin Saudi Arabia continued with its lower-for-longer...
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UPDATE 1-UK Stocks-Factors to watch on Jan. 7
(Adds index move at open, news items)Jan 7 (Reuters) - Britain's FTSE 100 .FTSE index rose 0.6% to 6,880 in early trade on Thursday.* SAINSBURY'S: Sainsbury 's SBRY.L raised its full-year...
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