The Chinese government has said it will postpone the tariffs on American-made cars and other goods after a temporary trade agreement with Washington. Sunday’s announcement came after Washington agreed to delay the lifting of the […]
The number of Americans filing for jobless claims rose to a five-month high last week, but this is unlikely to signal a shift in labor market conditions as claims for a number of states were […]
Oil posted its weakest quarter since late last year as concerns over the global economic slowdown increased, especially after an unprecedented attack on Saudi Arabia’s key energy facilities. Brent futures have fallen 8.7% since the […]
Bitcoin struggled to stay above $ 8,000 on Sunday, after its worst weekly price drop this year. Bitcoin (BTCUSD) has been above $10,000 recently until last Sunday, but has since fallen about 20%. As of […]
Investors are seemingly returning to concern over important factors, including the US-China trade war, the weakening global economy and inverted Treasury yields, which may be a sign of a new recession. US stock index […]
Precious metals prices dropped, together with the demand for various safe haven assets as Brexit problems seemed to ease down. This has also led to the recovery of the US dollar in broad market, adding […]
US stocks closed higher on Monday after some previous declines. All three indexes saw an early setback on Friday’s US Non-Farm Payrolls report and China’s trade balance data which came out lower than expectations. […]
The Bank of England has warned that Europe’s financial system faces “potential risks” to its stability amid the current no-deal Brexit plan. Unsurprisingly, after the Bank of Canada left its overnight rate at 1.75%, the […]
Oil prices fell from a three-month high Tuesday as investors awaited news from the latest round of US-China trade talks. West Texas Intermediate crude futures were down 24 cents, or 0.43%, at $55.75 a barrel, […]
Saudi Arabia is one of the largest crude oil exporters, and has the largest oil reserves in the world. The crude oil reserves of the Kingdom total 262 billion barrels. One company in Saudi Arabia, […]
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