Page 102 - Texas Intermediate News Today

Gold rose to a fresh all-time peak after a mild reading for producer price inflation kept alive hopes for Fed easing this year, though U.S. Treasury yields stuck close to five-month highs in the wake of hotter-than-expected consumer price data mid-week that forced a paring back of rate cut bets.

U.S. West Texas Intermediate crude futures increased by 44 cents to $85.45, while Brent crude futures increased by 34 cents to $90.08.

Asian stocks remain quiet, gold hits new highs, and oil prices climb. Amazon reaches a record peak, while Fed officials remain wary of rate cuts. Focus now turns to Q1 earnings, the UK monthly GDP for February, and the preliminary US Michigan Consumer Sentiment Index for April.

Wall Street stocks slid on Friday despite banks beating expectations at the start of earnings season as oil and gold prices shot up amid worries about the confl

(Bloomberg) — Gold climbed to a fresh record and oil resumed gains as tensions in the Middle East simmered once again. Markets are digesting a raft of news from US inflation data to the imminent start of earnings season for American companies. In addition, Iran may be close to launching missile or drone strikes on…

Indian indices drop on U.S. inflation concerns. TCS to report. Sun Pharma, Asian Paints, Kotak Bank, NTPC, Maruti top laggards.

It comes as oil prices rebound on elevated Middle East tensions, with market participants monitoring the prospect of supply disruptions from the region.

US stocks rose on Thursday as traders moved on from the hot CPI report and turned to earnings season.JPMorgan, Wells Fargo, and Citigroup will be turning in

LONDON :Oil rose on Friday as heightened tensions in the Middle East raised the risk of supply disruptions from the oil-producing region, although the market is set for a weekly loss on expectations of fewer U.S. interest rate cuts this year. Concern that Iran might retaliate for an attack on Monday by suspe

Brent crude futures were up $1.10 to $90.84 a barrel by 1200 GMT, while U.S. West Texas Intermediate crude futures rose $1.15 to $86.17