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WTI Crude Oil Prices Drop Nearly 2% Amid Rumors of Russia-Ukraine Air Truce

Crude oil prices fell nearly 2% following reports of a possible limited air truce between Russia and Ukraine, potentially easing US sanctions pressure. WTI and Brent prices both ex...

Market

US Treasury's $58B Three-Year Note Auction Attracts Moderate Demand, Yields 3.669%

The US Treasury's $58 billion three-year note auction concluded with a yield of 3.669%, attracting moderate demand. The bid-to-cover ratio was 2.53, with non-required bidders secur...

Market

Snap Inc. Shares Plummet 15% Following Disappointing Q2 Earnings Report

Snap Inc.'s shares dropped over 15% after hours following the announcement of its Q2 earnings, which showed a revenue of $1.3 billion and a net loss of $263 million, disappointing ...

Market

US Stock Markets Open Flat as Investors Eye Economic Data and Earnings Reports

U.S. stock markets opened flat as investors awaited economic data and earnings reports. The trade deficit narrowed, and companies like Pfizer and Fox reported strong earnings. The ...

Market

US Treasury Sets Historic Record with $100B Four-Week Bill Auction Amid Fiscal Pressures

The US Treasury announces a record $100 billion four-week bill auction on August 7, highlighting fiscal pressures and high interest rates. The auction includes allocations for inte...

Market

Oil Prices Dip Over 1% Amid OPEC's Output Hike and Global Demand Concerns

Oil prices fell by over 1% as OPEC's decision to boost production weighs on investors, with additional concerns over global demand and Trump's tariffs impacting the market. WTI and...

Market

European Markets End Mixed Amid Earnings Surge and Trump's Tariff Threats

European markets closed mixed as solid earnings and economic data were overshadowed by new tariff threats from US President Donald Trump, affecting exporters and currency movements...

Market

Global Gold Prices Experience a Slight Dip Amid Falling Rates and Market Uncertainty

Gold prices have slightly decreased globally, influenced by weaker U.S. jobs data and the anticipation of a Federal Reserve rate cut. Despite a minor dip, the market remains cautio...