Market News

Market

Australian Stock Market Dips as Services Sector Growth Hits Three-Month Low

Australia's stock market declined after the services sector reported its slowest growth in three months. The US dollar also weakened against the yen, while several Asian markets we...

Market

Australian Stock Market Dips as Services Sector Growth Hits a Three-Month Low

Australia's stock market declined after reporting the slowest services sector growth in three months, with the S&P/ASX 200 dropping 0.73%. The US dollar also fell against the y...

Market

Oil Prices Plunge 4% Following OPEC+ Decision to Increase Production for Second Month

Crude oil futures dropped 4% after OPEC+ agreed to increase production by 411,000 barrels per day in June, affecting WTI and Brent prices significantly.

Market

Wall Street Rallies as US-China Trade Deal Hopes Spark Market Optimism

Wall Street indexes closed higher following China's indication of considering trade talks with the US, sparking optimism among investors. The Dow, Nasdaq, and S&P 500 all saw signi...

Market

Oil Prices Dip Amid OPEC+ Meeting Anticipation and US-China Trade Talks Uncertainty

Crude oil prices declined as investors remain cautious ahead of the OPEC+ meeting and skeptical about US-China trade talks. WTI and Brent both saw drops, reflecting concerns over g...

Market

European Markets Surge as China Considers Trade Talks with US, Boosting Investor Confidence

European stock markets closed higher amid optimism over potential US-China trade talks, with significant gains across major indexes and currencies strengthening against the dollar.

Market

US Oil Rig Count Drops to 483: A Weekly Decline of 4, Signaling Market Shifts

The US oil rig count dropped by 4 to 483, with a significant annual decrease of 20. Gas rigs saw a slight weekly increase but a minor annual drop. Canada's oil rigs decreased weekl...

Market

Oil Prices Take a Dip Amid OPEC+ Meeting Anticipation and US-China Trade Tensions

Crude prices fell as investors await the OPEC+ meeting and remain doubtful about China-US trade dispute resolution. Concerns over global economic downturn and reduced oil consumpti...