Weekly Financial News

12.08 / 05:51

UPS RIG stage country Weekly Oil up on record demand forecast, 7th straight weekly gain

Oil prices edged higher on Friday after the International Energy Agency forecast record global demand and tightening supplies, propelling prices to the seventh straight week of gains, the longest such streak since 2022. Brent crude futures rose 41 cents, or 0.5%, to settle $86.81 a barrel, while U.S. West Texas Intermediate (WTI) crude futures gained 37 cents, or 0.5%, to settle at $83.19.

11.08 / 20:27

UPS Reuters Cooper show country Weekly Exclusive-United States, China agree to double weekly flights between countries -- sources

WASHINGTON (Reuters) — The United States and China will approve twice the number of passenger flights currently permitted for air carriers to fly between the two countries, sources and a document reviewed by Reuters show.

11.08 / 20:27

UPS NASDAQ DOW Weekly Stock market today: Dow ekes out weekly win, but fresh inflation fears cap gains

Investing.com — The Dow closed higher Friday, eking out a weekly gain, though upside was capped by renewed inflation fears pushing Treasury yields higher and deflating investor bets that the Fed is unlikely to resume rate hikes later this year.

11.08 / 12:21

show money market Weekly Global money market funds draw biggest weekly inflow in 4-1/2 months

(Reuters) — Global money market funds attracted robust inflows in the week to Aug. 9, reflecting investor caution ahead of U.S. inflation readings and as Chinese economic data remained weak.

10.08 / 13:01

COST UPS Lowe's Target show Weekly jobless claims US consumer prices rise moderately in July; weekly jobless claims above expectations

WASHINGTON (Reuters) — U.S. consumer prices increased moderately in July amid lower costs for goods, including used motor vehicles, a trend that could persuade the Federal Reserve to leave interest rates unchanged next month.

07.08 / 21:45

Ethereum Investments Altcoin CoinShares Bitcoin Weekly Bitcoin funds see weekly outflows of $111M, most since March: CoinShares

Weekly cryptocurrency asset flows for the week ending Aug. 4 reconciled at $107 million in outflows, continuing a three-week negative trend totaling $134.8 million.

07.08 / 13:35

NASDAQ DOW show 500 Weekly Dow Jones, Nasdaq, S&P 500 weekly preview: Better than feared Q2 results, worse than expected reactions

S&P 500 (SPX) fell 2.3% last week to mark the biggest weekly decline in 5 months. Despite moving higher in early Friday trading, the stock market reversed its course and headed lower on the back of the July employment report.

06.08 / 14:25

UPS Target Manufacturing band show Weekly Energy & precious metals - weekly review and outlook

Investing.com — There are four more weeks to this year’s Labor Day — the timeline typically used to ascertain the peak for summer oil demand; typically, because oil demand itself is so dynamic that it can go any way any time of the year.

04.08 / 06:31

Provident Action awards reports Weekly Weekly Top Picks: These stocks scored 10 on 10 on Stock Reports Plus

To help you make best investment decisions, we have screened out all companies that have been awarded the highest score by Stock Reports Plus and clubbed it together with a ‘Strong Buy/Buy’ analysts’ recommendation as per Institutional Brokers' Estimate System (IBES).

04.08 / 02:41

COST UPS Lowe's show Weekly Gold faces weekly loss on surging bond yields as US payrolls loom

Gold prices looked set to post their worst week in six on Friday as investors braced for a closely watched U.S. jobs report after a string of solid economic data this week drove Treasury yields to nine-month highs. FUNDAMENTALS * Spot gold was up 0.1% at $1,936.15 per ounce by 0138 GMT, while U.S.

04.08 / 02:41

COST UPS show track country Oil prices Weekly Oil prices set for sixth weekly gain as producers pledge output cuts

Oil prices rose for a second day on Friday, set for their sixth week of gains, after Saudi Arabia and Russia, the world's second and third-largest crude producers, pledged to cut output through next month. Brent crude futures for October rose 30 cents, or 0.4%, to $85.44 a barrel by 0042 GMT, while U.S. West Texas Intermediate crude for September rose 36 cents, or 0.4%, to $81.90.

03.08 / 17:21

UPS Provident Lowe's Manufacturing show Low Weekly Weekly applications for US jobless aid tick up from 5-month low

The number of Americans seeking unemployment benefits rose slightly last week but remained at a historically low level that points to a robust job market

03.08 / 15:47

Blockchain UPS Ethereum Waves performer classical Weekly Ethereum Classic and Arbitrum Price in Red on the Weekly Chart, Pomerdoge Predicted to Outperform Shiba Inu in 2023

Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content.

01.08 / 05:29

UPS Lowe's Target Action show Weekly Chart Check: ‘W’ shaped pattern seen on NMDC weekly charts; what should investors do?

NMDC, part of the industrial minerals space, rose more than 10% in a month and recorded a breakout from a ‘W’-shaped pattern on the weekly charts which suggests that bulls are here to stay. The stock hit a 52-week high of Rs 131 on 13th January 2023 but failed to hold on to the momentum. It found support above Rs 100 level once in May 2023 and then again in June 2023.

31.07 / 13:23

Target Amazon NASDAQ DOW Apple show 500 Weekly Dow Jones, Nasdaq, S&P 500 weekly preview: Citi boosts SPX target

S&P 500 (SPX) rose 1% last week after investors used a Thursday mini-selloff as a buying opportunity. Moreover, recent economic data shows the U.S. economy is performing stronger than expected, fueling bets that the Federal Reserve will still manage to deliver a soft landing.

30.07 / 12:03

UPS Action RIG band show country Weekly Energy & precious metals - weekly review and outlook

Investing.com — Ahead of Friday’s OPEC meeting, which oil bulls are counting on to intensify the group’s mantra on production cuts and crude’s five-week rally, what the U.S. government reveals on inventories might be more telling.

29.07 / 07:13

UPS Action Weekly Weekly Top Picks: 4 stocks with score improvement and upside potential of up to 39%

Expectation and price action at the time of the earning season have a strong relationship. The Q1 earning season for FY 24 has started at a time when all the corners of dalal street are under the control of bulls.

28.07 / 21:05

UPS NASDAQ Ford DOW Platform Weekly Stock Market Today: Dow rallies to notch third-weekly win as tech reigns supreme

Investing.com — The Dow closed higher Friday, notching a third weekly win as investors piled into big tech and chip stocks following a fall in Treasury yields as further signs of slowing inflation stoked fresh hopes that the Federal Reserve likely delivered its final rate earlier this week.

28.07 / 17:31

UPS Reuters Manufacturing show track country Weekly Oil on track to score fifth straight weekly gain; Brent hovers at $84/bbl-mark

US Federal Reserve and European Central Bank are nearing the end of policy tightening campaigns, boosting the outlook for global growth and energy demand. Brent crude slipped 24 cents to $84.00 a barrel, while U.S.

28.07 / 02:55

Provident show track Oil prices open Weekly Oil prices open lower on demand concerns, remain on track for weekly gain

Oil prices fell in early Asian trade on Friday as demand concerns weighed against strong economic data. Brent crude fell 59 cents, or 0.7%, to $83.65 a barrel by 0027 GMT, but was on track for a weekly 5% increase. U.S.

27.07 / 20:07

FIVE Weekly Weekly US applications for jobless benefits slide to lowest level in 5 months

The number of Americans applying for jobless benefits slid last week to its lowest level in five months, further evidence that the U.S. labor market continues to defy the Federal Reserve’s attempts to cool it off

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