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All three major Wall Street stock indices dropped about 1% overnight, while 10-year treasury yields hit a four-month high after data signalling steady labour demand added to concerns of a potential delay in the Feds rate cut.

Oil prices scored fresh five-month peaks Wednesday on unrest in the crude-rich Middle East and an OPEC+ call for its members to maintain its strategy of reducing output

A+ generated US$1.4 million in annual revenue and US$207K normalized EBITDA during 2023 (unaudited) Transaction is non-dilutive to Xcyte Digital shareholders …

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LONDON: Oil prices were stable on Wednesday, as investors mulled supply risks stemming from ongoing Ukrainian attacks on Russian refineries and the potential for a widening of the Middle East conflict.

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(Bloomberg) — The stock market remained higher after Jerome Powell reiterated the Federal Reserve’s wait-and-see approach before policymakers decide to embark on interest-rate cuts. While the Fed chief didn’t break any new ground, Wall Street got some relief from his views that recent inflation figures did not “materially change” the overall picture. Powell also reaffirmed…

Gold prices are poised to achieve new record highs in all major currencies during Londons afternoon benchmark auction on Wednesday. Meanwhile, silver has surged to a two-year peak, despite the release of stronger-than-anticipated US private payroll data.

Oil India will bring its planned Numaligarh oil refinery in the northeastern Indian state of Assam by December 2025.

(Bloomberg) — The bond market rebounded from session lows, with Jerome Powell only reiterating the Federal Reserve’s wait-and-see approach before policymakers decide to embark on interest-rate cuts. While the Fed chief didn’t break any major new ground, Wall Street got some relief from his views that recent inflation figures did not “materially change” the overall…