Global Trade
Global Markets in Flux as Oil Prices Continue Descent
Oil prices experienced a continued descent on Wednesday, reaching a five-month low, despite the Energy Information Administration (EIA) releasing data indicating a 4.6 million-barrel decrease...
Oil Markets Signal Oversupply Despite OPEC+ Pledges
In a surprising turn of events, key indicators in the global oil markets are pointing towards an oversupply, casting a shadow over Saudi Arabia’s assurances...
Dow and S&P 500 Secure Best Monthly Close Amidst Interest Rate Cut Speculation
On Thursday, the US stock market presented a mixed picture, but both the S&P 500 (^GSPC) and Dow Jones Industrial Average (^DJI) clinched gains, concluding...
Incannex Healthcare Announced Successful Redomiciliation to US, Stock Soars
Incannex Healthcare Inc, a clinical stage pharmaceutical development company, experienced a remarkable surge in its stock value on Thursday after the company’s successful implementation of...
Oil Prices Soar as OPEC+ Unveils Bold Output Cuts
In a significant development, the OPEC+ alliance announced on Thursday its unanimous decision to implement additional output cuts of 1 million barrels per day. This...
Markets Open High on Upbeat Reading on Consumer Inflation
US stocks rallied on Thursday morning, poised to wrap up their most impressive month of the year, fueled by investor optimism regarding potential interest rate...
No Cash Injection for Farfetch by Richemont, Shares Drop 44%
In a significant development on Wednesday morning, the stock of the online luxury retailer Farfetch Ltd witnessed a notable decline following reports that its founder,...
Stocks Show Modest Gains Amidst Cautious Investor Sentiment
US stocks closed in modest gains on Tuesday, capping off a day of subdued trading as investors treaded cautiously amid growing signs that the robust...
Oil Prices Surge 2% on OPEC+ Speculation, Storm-Related Disruption, and Weaker Dollar
Tuesday saw oil prices surge 2%, propelled by a convergence of factors such as the anticipation of OPEC+ supply cut extensions or deepening, a storm-induced...
Oil Prices Decline Below $80 Amid OPEC+ Uncertainty
Oil prices experienced a decline on Monday, with the Brent benchmark slipping below the $80 per barrel mark. The drop was attributed to the anticipation...
