Markets – Page 86 – XtremeCuztoms

China settled its first purchase of liquefied natural gas (LNG) in the yuan as the world’s second-largest economy continues to accelerate the currency’s presence in the international market. China National Offshore Oil Corporation (CNOOC), the country’s largest offshore oil and gas producer, acquired an LNG shipment from France’s TotalEnergies through the Shanghai Petroleum and Natural…

More Americans File for Jobless Claims; Layoffs Remain Low

U.S. applications for jobless benefits rose last week but remain at historically low levels despite efforts by the Federal Reserve to cool the economy and the job market in its fight against inflation. Jobless claims in the U.S. for the week ending March 25 rose by 7,000 to 198,000 from the previous week, the Labor…

Euro, Dollar Steady as Bank Fears Recede, Inflation in Focus

LONDON—The U.S. dollar and euro steadied on Thursday as concerns over the banking sector receded, while investors switched focus to inflation for more hints on central banks’ next rate moves. Inflation data from German states, used to calculate a preliminary inflation figure for the eurozone’s largest economy due at 1200 GMT, have started to come…

Oil Rises on US Crude Draw, Iraqi Supply Risks

LONDON—Oil prices rose on Thursday on a surprise drop in U.S. crude stockpiles and a halt in exports from Iraq’s Kurdistan region. Brent crude futures rose 40 cents, or 0.51 percent, to $78.68 a barrel at 0926 GMT, while West Texas Intermediate crude rose 52 cents, or 0.71 percent, to $73.49 a barrel. U.S. crude…

Stocks Firmer as Investors Bet Banking Crisis Is Behind Them

LONDON—A steadier tone in global stocks continued on Thursday as investors hoped the banking sector had turned a corner on its recent turmoil to help markets end the quarter on a positive note. The dollar and crude oil prices were stable, with calmer markets allowing investors to focus more on the economy, as Spanish inflation…

Stocks Rally on Wall Street as Bank Fears Ease Further

NEW YORK—Stocks rallied Wednesday as Wall Street shakes off more of the fear that dominated it earlier this month. The S&P 500 rose 1.4 percent for its fourth gain in the last five days. The Dow Jones Industrial Average climbed 323 points, or 1 percent, while the Nasdaq composite jumped 1.8 percent. They followed similar…

Closing Prices for Crude Oil, Gold and Other Commodities (Mar. 29)

Benchmark U.S. crude oil for May delivery fell 23 cents to $72.97 a barrel Wednesday. Brent crude for May delivery fell 37 cents to $78.28 a barrel. Wholesale gasoline for April delivery fell 4 cents to $2.67 a gallon. April heating oil fell 11 cents to $2.66 a gallon. April natural gas fell 4 cents…

XtremeCuztoms

Tag: Markets

China Ditches US Dollars in New Brazil Agreement, Settles First LNG Trade in Yuan

More Americans File for Jobless Claims; Layoffs Remain Low

Euro, Dollar Steady as Bank Fears Recede, Inflation in Focus

Oil Rises on US Crude Draw, Iraqi Supply Risks

Stocks Firmer as Investors Bet Banking Crisis Is Behind Them

Fed Was in Talks With Silicon Valley Bank to Use Discount Window Before Collapse

Stocks Rally on Wall Street as Bank Fears Ease Further

Closing Prices for Crude Oil, Gold and Other Commodities (Mar. 29)

Is America Still a Capitalist Society? The Case for Letting the Market Speak

Senators Ask Powell If the Fed Had Been Lax in Supervising Failed SVB Bank

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