Investing.com– Oil prices fell in Asian trade on Monday (NASDAQ:) as more fiscal stimulus measures from top importer China largely underwhelmed, while a hurricane in the Gulf of Mexico appeared to have a limited impact on U.S. production. Prices extended losses from Friday after Beijing approved about 12 trillion yuan ($1.6 trillion) in fresh fiscal spending. But a lack of targeted measures for private consumption largely left investors wanting more,

By Florence Tan SINGAPORE (Reuters) – Oil prices extended declines on Monday (NASDAQ:) as the threat of a supply disruption from a U.S. storm eased and after China’s stimulus plan disappointed investors seeking fuel demand growth in the world’s No. 2 oil consumer. futures dropped 19 cents, or 0.3%, to $73.68 a barrel by 0104 GMT while U.S. West Texas Intermediate crude futures were at $70.13 a barrel, down 25

By Wayne Cole SYDNEY (Reuters) – The dollar started in a cautious mood on Monday (NASDAQ:) as markets braced for U.S. inflation data and a throng of Federal Reserve speakers this week, while the yuan nursed a hangover from Beijing’s latest underwhelming stimulus package. Highlighting the weak background in China, data out over the weekend showed consumer prices rose at the slowest pace in four months in October while producer

Investing.com — As Europe heads into winter 2024-25, analysts at Bernstein note that the market is showing signs of tightening, driven by multiple supply and demand pressures and further compounded by the potential impact of a second Trump presidency.  According to the firm’s analysts, the European gas benchmark, TTF, has climbed nearly 30% year-to-date, pushing January 2025 prices to around $12.4/mmBtu, close to Bernstein’s long-term forecast of $11.60/mmBtu.  This increase is

The earnings season is winding down, but there are several key companies still on deck to report. Of the nine S & P 500 companies scheduled to post their third-quarter results, Home Depot and Disney are among them. Investors will look to these results for clues on whether the stock market’s postelection rally can continue. Thus far more than 450 S & P 500 names have posted their results. Of

(Reuters) -Bitcoin was trading near record $80,000 on Sunday after hitting it earlier in the session, following Donald Trump’s decisive victory in the U.S. presidential election earlier in the week. , the world’s biggest and best-known cryptocurrency, is up 65.4% from the year’s low of $38,505 it hit on Jan. 23. Trump has vowed to make the United States “the crypto capital of the planet”. Source link

Investing.com — As Europe heads into winter 2024-25, analysts at Bernstein note that the market is showing signs of tightening, driven by multiple supply and demand pressures and further compounded by the potential impact of a second Trump presidency.  According to the firm’s analysts, the European gas benchmark, TTF, has climbed nearly 30% year-to-date, pushing January 2025 prices to around $12.4/mmBtu, close to Bernstein’s long-term forecast of $11.60/mmBtu.  This increase is

By Gloria Dickie LONDON (Reuters) – An official with Azerbaijan’s Presidency of next week’s United Nations COP29 climate summit appeared to offer to facilitate talks about new fossil fuel deals ahead of the conference, according to a video secretly recorded by an advocacy group. In an investigation first reported by the BBC, non-profit group Global Witness, which advocates against corruption, said it had set up a fake company to express

MEXICO CITY (Reuters) – An agreement aimed at ensuring more regular water from Mexico to the United States has been reached, both governments said on Saturday, following a long period of tension over a decades-old treaty. A new measure of the International Boundary and Water Commission, which oversees the 1944 U.S.-Mexico water treaty, will provide Mexico with “tools and flexibility to deliver water earlier in the five-year cycle,” a statement

By Karen Brettell and Stefano Rebaudo (Reuters) -The dollar rose on Friday and was heading for a weekly gain as investors evaluated the likely impact on the American economy of Tuesday’s election of Republican Donald Trump as U.S. president. Analysts expect Trump’s policy proposals — including more trade tariffs, a clampdown on illegal immigration, lower taxes and business deregulation — will boost growth and inflation. But in the near term