Market News

Market

US Oil Rig Count Sees Slight Increase: Baker Hughes Reports 480 Active Rigs

The latest Baker Hughes weekly rig count reveals a slight increase in the US oil rig count to 480, with changes also noted in the gas rig count and total rig numbers. Canada's rig ...

Market

Global Coffee Prices Hit Record Highs Amid Supply Disruptions and Trade Tensions

Coffee prices reached an all-time high due to supply disruptions in Brazil and Colombia, rising production costs, and increased trade uncertainties. March coffee futures climbed 2....

Market

Dow Dives Over 400 Points: US Market Reacts to Tariff Threats and Jobs Report

Wall Street faced a significant downturn as the Dow Jones dropped over 400 points due to tariff threats from the Trump administration and a disappointing jobs report showing 143,00...

Market

European Markets Show Mixed Signals as Key Economic Data Takes Center Stage

European stock markets opened with mixed results as investors focused on Germany's trade surplus and industrial output, France's trade deficit, and the Bank of England's interest r...

Market

Gold Prices Soar to Record Highs Amid US Jobs Data and Trade Tensions

Gold prices reached a new all-time high following a weaker-than-expected US jobs report and ongoing trade tensions between the US and China, alongside potential tariffs on Mexico a...

Market

European Markets Tumble as German Industrial Output Hits Record Low

European stock markets closed lower after Germany's industrial output hit its lowest since 2020. Investors are wary of the potential negative impacts of a trade war initiated by US...

Market

US Oil Rig Count Sees Slight Increase to 480, Signaling Market Shifts

The US oil rig count slightly increased to 480, with a minor rise in gas rigs to 100, while Canada sees a decrease in oil rigs but an annual increase. Total US rigs now at 586, sho...

Market

Global Coffee Prices Hit Record Highs Amid Supply Disruptions and Trade Tensions

Coffee prices have hit a record high due to supply disruptions from adverse weather and geopolitical tensions in major producing countries, alongside rising production costs and tr...