Market Opinion
Oil Prices Balance on Geopolitical Tightrope Amidst Unexpected U.S. Stockpile Surge Oil prices found stability during Asian trading on Wednesday, grappling with conflicting cues. Reports indicating an unexpected surge in U.S. crude inventories fueled concerns about...
Market Opinion
Red Sea Conflict Spurs Oil Price Rally Amid Supply Disruption Concerns In Asian trade on Tuesday, oil prices made a slight climb after bouncing back strongly from nearly six-month lows. The market sentiment was influenced by concerns over the ongoing conflict in the...
Market Opinion
Nearly Half of Global Firms Slash Business Travel Emissions by 50% Amid Post-Pandemic Slowdown Analysis Reveals Nearly Half of Global Firms Slashed Business Travel Emissions by 50% Amidst Slow Post-Pandemic Return Recent analysis highlighted that almost half of 217...
Market Opinion
U.S. Stocks Rally as Fed Signals Rate Cuts, Retail Sales Surge U.S. stock markets surged on Thursday, extending the robust gains from the previous session following indications from the Federal Reserve of potential interest rate cuts in the coming year. This positive...
Market Opinion
Federal Reserve Signals Deeper Rate Cuts for Next Year as Inflation Expected to Cool Faster The Federal Reserve decided to maintain its benchmark interest rate at the current range of 5.25% to 5.50% for the third consecutive meeting. However, the Fed signaled that...
Market Opinion
Dow Rises as Inflation Cools Once More, Focus Turns to Pending Fed Decision On Tuesday, the Dow surged, primarily led by the tech sector, riding on the continuing slowdown in inflation. This decline in inflationary pressure bolstered hopes for an early rate cut next...