Oil prices rose on Friday after Federal Reserve meeting minutes indicated that inflation was under control as US Secretary of State Antony Blinken prepared for a tour of the Middle East to prevent escalation in the conflict between Israel and Gaza. By 0229 GMT, Brent crude futures rose 37 cents, …

The ADP Research Institute is scheduled to release the December Jobs Survey on Thursday. This survey provides an independent estimate of private-sector employment and pay and is typically unveiled two days prior to the official Nonfarm Payrolls (NFP) report. While the correlation between ADP and NFP numbers is not consistently …

The contraction in business activities in the eurozone persisted at the close of 2023, primarily driven by an ongoing decline in the dominant services sector. A survey released on Thursday indicates that the bloc’s economy is experiencing stagnation. The Standard & Poor’s Composite Purchasing Managers’ Index, considered a reliable gauge …

European stocks rebounded on Thursday, buoyed by gains in the healthcare and energy sectors. Investors are anticipating a series of economic data, looking for any indications of earlier-than-expected monetary easing from major central banks this year. As of 0804 GMT, the European STOXX 600 index increased by 0.5 percent, recovering …

The dollar strengthened on Thursday, aligning with a reconsideration of expectations for the extent of the Federal Reserve’s interest rate reduction this year. This shift occurred amid market caution following a surge in risk appetite last month. In Asia, the dollar reached its highest levels against the yen in two …

Oil prices experienced a rise in early trading on Thursday, January 4, extending substantial gains from the previous session amid concerns about Middle East supplies. This surge is attributed to the shutdown of production in a field in Libya and escalating tensions due to Israel’s conflict in the Gaza Strip. …

Gold prices experienced an increase in today’s trading on Thursday, January 4, rebounding from the significant decline witnessed on Wednesday, marking the sharpest drop in three weeks. This decline occurred after the release of the minutes from the last US Federal Reserve meetings in 2023, revealing uncertainty regarding the timing …

On Wednesday, Europe’s benchmark stock index, the STOXX 600, dropped to a three-week low, testing the previous year’s market rally. The index was down 0.8% at 1310 GMT, having started the new year on a lackluster note the day before. Major European indexes in Germany, Italy, and France slid over …

The total public debt of the United States has surpassed $34 trillion for the first time in history, according to the daily statement from the US Treasury Department. This announcement comes as Congress prepares for upcoming battles over federal funding. The total outstanding public debt reached $34.001 trillion, with the …

Gold prices saw a slight increase on Wednesday, supported by a weaker dollar and the market’s anticipation of key data releases, including the Federal Reserve meeting minutes and the private sector jobs report in the United States. These releases are crucial for gaining insights into potential changes in interest rates. …