Tony Sycamore News

20.06 / 03:13

markets Target Boeing wellness Trade Cycling show Sterling steady ahead of BoE decision; dollar wobbles against yen

rate decision from the Bank of England (BoE) later in the day, while the dollar was on the back foot as it awaited fresh market catalysts. Currencies were trading in tight ranges following a holiday in the United States and as investors looked not only to the BoE but also central bank decisions in Switzerland and Norway.

10.06 / 02:49

markets UPS Election President show country Oil slips on dollar's strength from US jobs data

Oil prices nudged lower for a second straight session on Monday, weighed down by a firmer dollar as expectations of interest rate cuts were pushed out further following strong U.S. jobs data on Friday. Brent crude futures and U.S. West Texas Intermediate crude futures slipped 4 cents to $79.58 and $75.49 a barrel, respectively, by 0036 GMT.

14.05 / 03:06

markets UPS Reuters CME show reports inflation data Dollar drifts as traders eye US inflation data; frail yen in focus

inflation report this week that will likely shape the U.S. rates outlook, while the yen was hovering near a two-week low, stoking intervention worries. The currency market has been sedate this week, with investors seeking to gauge what the path the Federal Reserve will take this year in the wake of recent softer-than-expected U.S. labour market data and comments from central bankers.

14.05 / 02:07

markets UPS Racing country reports Oil prices tick up on tighter supply outlook

Oil prices rose on Tuesday as the supply-demand balance looked set to tighten on operational disruptions, stronger demand and voluntary output cuts. U.S. West Texas Intermediate crude futures rose 18 cents to $79.30 a barrel by 1224 GMT. Brent crude futures gained 19 cents, reaching $83.55 a barrel.

10.05 / 07:21

markets UPS economy Nikkei trends Trade Japan's Nikkei edges higher on earnings, Wall Street gains

Nikkei share average rebounded on Friday, buoyed by positive earnings and Wall Street gains overnight, although profit-taking capped further advances. The Nikkei closed 0.41% higher at 38,229.11 after rising more than 1% early in trading.

29.04 / 02:45

markets UPS Trade show peace Oil prices fall 1% on Israel-Hamas ceasefire talks, U.S. inflation concerns

Oil prices fell in early Asian trading on Monday, erasing gains from Friday as Israel-Hamas peace talks in Cairo eased fears of a wider conflict in the Middle East and U.S. inflation data further dimmed the prospects of interest rate cuts anytime soon. Brent crude futures fell by as much as $1, or 1.1% to $88.50 a barrel before ticking back up to $88.55 at 0149 GMT. West Texas Intermediate (WTI) futures were down 84 cents, or 1%, at $83.01 a barrel.

12.04 / 02:37

markets UPS economy show track Yen crumbles under towering dollar and US Treasury yields

The euro was eyeing its sharpest weekly fall in about four months, pressured in part by a resurgent greenback and expectations that the European Central Bank (ECB) could begin easing rates in June, likely ahead of the Federal Reserve.

09.04 / 02:49

markets FIVE Manufacturing Trade show Oil prices turn higher as Middle East ceasefire hopes wane

Oil prices rose in early Asian trading after hopes diminished that negotiations between Israel and Hamas would lead to a ceasefire in Gaza and ease tension in the Middle East. Brent crude futures rose 40 cents to $90.78 a barrel by 0032 GMT. U.S. West Texas Intermediate (WTI) crude rose 35 cents to $86.78.

26.03 / 06:53

markets Landmark economy Sustainability Cycling Dollar eases, yen finds floor from Tokyo's jawboning

By Rae Wee

18.03 / 02:37

UPS Reuters Analysis Trade peace Oil prices rise on tighter supply, geopolitical risks

By Colleen Howe

15.03 / 16:37

markets Digital Trade Bitcoin show Interviews Uh-oh! Are we facing a bitcoin bubble?

Bitcoin extended a retreat from its latest record high amid an intensifying debate about whether the bull run in cryptocurrencies is evidence of speculative froth in global markets.

06.03 / 10:47

markets UPS Target Reuters economy show Oil up as OPEC+ cuts override China, US demand concerns

By Paul Carsten

06.03 / 07:55

markets ETF Trade Bitcoin show Interviews Bitcoin pares losses, hovers around $65k after record-high run

Investing.com-- Bitcoin pared a bulk of its losses in Asian trade on Wednesday, remaining within sight of a record high as steady capital flows into U.S. spot exchange-traded funds and anticipation of a “halving” event kept buyers in play.

05.03 / 03:15

markets UPS Tether BlackRock Bitcoin record high Bitcoin surges past $68,000, in sight of record high

By Ankur Banerjee

29.02 / 07:43

markets UPS Trade Bitcoin 2020 Soaring bitcoin set for biggest monthly jump since 2020

SINGAPORE (Reuters) — Frenetic activity in bitcoin put it on course for its biggest monthly gain in more than three years on Thursday and it is within range of a record high as cash rushing to listed bitcoin funds propels a sweeping rally.

29.02 / 03:03

markets UPS Trade Bitcoin 2020 Soaring Bitcoin set for sharpest monthly jump since 2020

Bitcoin headed for its biggest monthly gain in more than three years on Thursday and is within range of a record high as cash rushing to listed bitcoin funds propels a strong rally. The largest cryptocurrency by market capitalisation was firm in Asia morning trade at $62,000, having changed hands at as high as $63,933 overnight. Its monthly gain is more than 45%, the largest since December 2020.

27.02 / 17:35

markets COST UPS Trade International Oil prices rebound on Israel-Gaza ceasefire hopes, OPEC output cut expectations; Brent trades at $83/bbl

Brent crude declined about two per cent and WTI fell more than three per cent after a US central bank policymaker indicated interest rate cuts could be delayed by at least two more months. Back home, on the Multi Commodity Exchange (MCX), crude oil futures due for a March 19 expiry, was last trading 0.59 per cent higher at ₹6,504 per bbl, having swung between ₹6,408 and ₹6,511 per bbl during the session, against a previous close of ₹6,466 per barrel.

27.02 / 05:53

markets COST Citi President travelers Oil prices cling to gains amid concerns about Red Sea attacks on shipping

By Arathy Somasekhar and Andrew Hayley

22.02 / 02:11

markets Citi Provident Manufacturing economy Trade show Dollar rangebound, an array of PMI data awaited

By Rae Wee

20.02 / 17:25

markets Reuters Trade President country reports International Oil pares gains amid uncertain demand outlook in 2024, risk premium persists; Brent at $83/bbl

Also Read: Oil remains range-bound as rate cut hopes fade away: Here's how US Fed policy decision affects prices Brent futures dipped 22 cents or 0.26 per cent to $83.34 a barrel. The six-month spread for Brent on Tuesday was also at its highest since October, in a sign of a tighter market. US West Texas Intermediate (WTI) crude for April delivery fell 26 cents, or 0.33 per cent, to $78.20 a barrel, after earlier paring $1.

20.02 / 10:17

markets UPS Trade President show SOLIDARITY Oil hovers near 3-week high on Middle East tensions, China demand

By Paul Carsten

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