Oil seeks balance with 'oversupply problem'
Daily NewsOil steadied after losing nearly 4 percent on signs of oversupply. Oil prices were flat in Asia after losing nearly 4 percent on Tuesday as rising flows from Russ...
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Oil steadied after losing nearly 4 percent on signs of oversupply. Oil prices were flat in Asia after losing nearly 4 percent on Tuesday as rising flows from Russ...
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The US federal government’s budget deficit increased by 26 percent in November compared to the same month last year, reaching $314 billion. The deficit reached it...
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US Treasury Secretary Janet Yellen said that inflation in the country has fallen ‘meaningfully’ and that she sees no reason why the US Federal Reserve (Fed) shoul...
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Investing.com - Consumer price index data was released in the US. US CPI data increased by 0.1% in November compared to the previous month. The annual increase wa...
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Global markets are focused on inflation data to be released in the US. According to Bloomberg Economics, the flat monthly consumer inflation in the US and the dec...
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Oil prices are trading sideways at just above five-month lows as concerns about oversupply come to the fore after OPEC+ pledges to extend and deepen output cuts f...
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Japanese stocks led Asian markets higher ahead of the Federal Reserve’s final meeting of 2023. Asia-Pacific stocks rose on Tuesday, with Japanese stocks leading g...
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American consumers’ short-term inflation expectations fell to 3.4 percent in November, the lowest level since April 2021. The U.S. Federal Reserve (Fed) New York ...
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Meetings for the 2024 minimum wage will begin on December 11. Over the last 50 years, the ratio of the minimum wage to the national income per capita has fluctuat...
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Consumer confidence in the US increased above expectations due to the decline in inflation expectations. The University of Michigan announced the Consumer Confide...
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International credit rating agency Fitch Ratings reported that the global economy is expected to grow by 2.1 percent next year. The agency's report predicted that...
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World Economic Forum (WEF) Director General Mirek Dusek stated that the global economy has “seriously” entered a new economic area, and noted that connections hav...
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The UK Competition and Markets Authority (CMA) has announced that an assessment process has been launched to examine whether Microsoft’s partnership with OpenAI i...
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Although US nonfarm payrolls are set to increase after the agreement on the automotive strike, a comprehensive slowdown in employment is expected in the details o...
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One of the star names of the US markets, JPMorgan Strategist Marko Kolanovic, advised his investors to build cash and bond positions instead of stocks. JPMorgan’s...
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The Japanese yen continues to rise due to expectations of an interest rate hike. The rally in the Japanese yen is continuing for a second day on expectations that...
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Citi says investors should expect a recession in 2024Some banks are expecting a “golden lock” scenario in 2024, but Citi said it’s not that optimistic. The Wall S...
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Oil is on course for its worst decline since 2018 following the OPEC+ meeting. Oil rose on Friday but continued on course for its longest weekly losing streak sin...
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The Central Bank of the Republic of Turkey (TCMB) reserves rose to a record level of $140.1 billion. The momentum of increase in the Central Bank of the Republic ...
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The European Central Bank’s (ECB) interest rate path estimates and accompanying messages have begun to come to the fore. Investors, who predicted last week that i...
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Oil held on to the bulk of a five-day losing streak that has dragged prices to their lowest level since June, driven by signs that global supply is outpacing dema...
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