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The stock market sighed with relief at the latest consumer price index (CPI) report released by the Labor Department on Wednesday. Instead of rising, the CPI stayed flat from the 0.3% uptick in...
Oil charges higher despite a stronger dollar, faces resistance ahead Oil prices have regained the bullish momentum once again. US crude (WTI) is up over 4% in the week after bouncing from the...
Oil prices rebounded on Monday, with WTI and Brent crude futures posting gains amid rising summer fuel demand and shifting market sentiments. Oil prices rebounded on Monday, with West Texas...
Energy – Oil sell-off overdone Sentiment in the oil market continues to weaken. ICE Brent came under further pressure yesterday, settling more than 1% lower and taking prices below $78/bbl. A...
Did you know that every time you type a query into ChatGPT, it requires about 10 times as much electricity to process as a Google (NASDAQ:GOOGL) search? That’s according to Goldman Sachs (NYSE:GS),...
Headline inflation is virtually back to targetIt’s no exaggeration to say that this week’s UK inflation data will make or break a June rate cut from the Bank of England. Markets are...
European natural gas injections slow in AprilEuropean natural gas prices saw a fair amount of volatility in April. TTF front-month futures traded from a little over EUR25/MWh at the start of April to...
Energy - Oil market awaits Israel's response Oil prices settled lower yesterday despite the heightened tension in the Middle East following Iran’s missile and drone attack on Israel. The...
Asset management, insurance and utility stocks can power through sticky inflation.On Wednesday, Federal Reserve Chair Jerome Powell said that at “some point this year,” the interest rate...
The US and China are heavily subsidizing the historic transition to electric vehicles (EVs). The Biden admin has committed to have at least 50% of new car sales be electric by 2030. Through...
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