crude oil and futures live trade room results
Stocks’ Record Rally Stalls, Oil Extends Gains: Markets WrapNew!!
A record-breaking rally in global equities driven by enthusiasm around artificial intelligence trade lost momentum in Asia. Oil extended gains, boosting expectations for inflation and sending Treasuries lower.
Singapore Air Jumps as Profit Beats, Defying Air India DragNew!!
Singapore Airlines Ltd. shares jumped almost 2.6% on Friday, the biggest intraday gain in five weeks, after the carrier reported annual earnings that topped expectations despite caution over risks linked to the Iran war.
Vitol Offers Iraqi Oil Outside Hormuz in Sign of Ship ExitsNew!!
Vitol Group is offering Iraqi Basrah crude to customers, people with knowledge of the matter said, in a sign that some shipments may have successfully made it out of the Persian Gulf.
Yen’s Week-Long Slide Puts Traders on Guard for InterventionNew!!
Currency traders are increasingly alert to the risk of further market intervention by Japan following a 1% slide in the yen this week that has pushed it to 158 per dollar.
Greer: A Lot of Success in Rebalancing Trade With ChinaNew!!
United States Trade Representative Jamieson Greer talks about the results so far from the Trump-Xi summit, saying the meetings have already delivered tangible returns. He speaks with Bloomberg's Annmarie Hordern in Beijing. (Source: Bloomberg)
US Expects Dramatic Agricultural Purchases by China, Greer SaysNew!!
US Trade Representative Jamieson Greer said he anticipates that China would commit to billions in American agricultural purchases, as Presidents Donald Trump and Xi Jinping complete their summit in Beijing.
Greer: US, China Willing to Continue Trade TruceNew!!
Jamieson Greer, Trade Representative of the United States, signaled cautious optimism that US-China trade relations are stabilizing, with progress on agriculture purchases and rare earth supplies, though tariffs and supply chain issues remain. He speaks exclusively to Bloomberg's Annmarie Hordern, on the sidelines of the US-China summit in Beijing on "Bloomberg: The Asia Trade". (Source: […]
Gold Heads for Weekly Drop as Inflation Fuels Rate-Hike BetsNew!!
Gold headed for a modest weekly decline as a war-driven surge in US inflation fueled expectations for higher interest rates.
Left Pitched Short Sales to ‘Take Candy’ From Retail InvestorsNew!!
Citron Research founder Andrew Left coordinated with hedge funds on stocks he planned to short and bragged his “hot voice” with retail investors meant they could “take candy from a baby,” according to emails presented at his criminal trial on US securities fraud charges.
Mining Billionaire Ellison Sells Stock to Set Up Family OfficeNew!!
The controversial managing director of Mineral Resources Ltd., billionaire Chris Ellison, has sold shares in the company he founded as he prepares to set up his own family office.