Oil remains pressured by recession fears.Brent oil futures climb above $60 on US inventory draw.Brent crude oil futures rose above $60 a barrel for the first time in over a week amid a larger-than-expected drop in U.S. crude inventories. Someone …
U.S. conservatives vs Facebook.U.S. conservatives say Facebook needs ‘significant work’ to address concerns.U.S conservatives believe Facebook needs to do “significant work” to satisfy their concerns that the social media website is biased. Oil traders are actually optimistic.Oil steadies as hopes …
The UK is ready for no deal.Johnson is preparing the UK for a no deal Brexit.Boris Johnson has insisted preparations for a no-deal Brexit are on track, despite a leaked report warning of potential food and medicine shortages. The stimulus …
Gold expected to wait for Jackson Hole.The Fed’s Jackson Hole symposium is expected to rock the boat.Gold prices are expected to spend most of the week trading sideways ahead of the Fed’s Jackson Hole Economic Policy Symposium. The Bitcoin fake …
Oil seesaws once again.Oil drops 3% on weak global economic data, U.S. crude stocks build.Oil prices shed 3% after Chinese and European economic data revived global demand fears and U.S. crude inventories rose unexpectedly. Crypto banking is struggling.Zcash plunges 7% …
Apple’s stock gains over 4%.Apple’s AirPods will not escape Trump’s China tariffs.Apple Inc’s AirPods, Apple Watch and HomePod will not be exempted from tariffs. Apple’s stock celebrates anyway. Oil prices get excited too.Oil soars on easing U.S.-China trade tensions.Oil prices …
The Italians steal Brexit’s spotlight.Euro seams vulnerable as Italian political risk mounts.The Greenback and Swissy may rise against the Euro as Italian politics steal the spotlight as the biggest political risk in Europe next to Brexit. It’s time for recession …
Oil sinks 2% Gold gains 1.7%.Oil slumps 2% hitting seven-month low after surprising U.S. stock build.Oil prices tumbled 2%, hitting a fresh seven-month low, extending recent heavy losses following an unexpected build in U.S. crude stockpiles. Mastercard dives into Crypto.Mastercard …