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European stocks may open a tad lower on Tuesday as interest-rate concerns persist and the sudden death of Iranian President Ebrahim Raisi in a helicopter crash fueled uncertainty about oil supplies.
Oil prices extended losses on Tuesday, with investors expecting lingering U.S. inflation to keep interest rates higher for longer, depressing consumer and industrial demand.Brent crude futures fell 64 cents, or 0.7 per cent, to $83.07 a barrel by 0845 GMT. U.S. West Texas Intermediate crude (WTI) slipped
Nasdaq Reaches Record to Start Week Tech stocks led the Nasdaq Composite to a new high as investors continued to bet on the strength of U.S. consumers and rate cuts. The Dow slipped 0.5% ahead... -May 21, 2024 at 03:18 am EDT - MarketScreener
The Pound US Dollar (GBP/USD) exchange rate was trading without a clear direction on Monday as markets mulled over the latest central bank commentary.
The dollar struggled for direction on Tuesday as investors stuck to their views of the expected timing of Federal Reserve monetary easing this year. Cryptocurrencies rallied, led by a... -May 21, 2024 at 03:35 am EDT - MarketScreener