Archive for Category: Markets News

Oil prices

Oil prices rose on Chinese demand expectations

Chicago WTI crude oil futures price is down 0.05% at $112.34 per barrel on mid-Wednesday trades. Crude oil opened the week on a heavy bullish pressure, gaining around 3.00% on Monday. However, oil reverses its Monday gains by losing approximately 1.5% on Tuesday. Oil prices edged higher on Wednesday...

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U.S. dollar

Dollar up after biggest drop in 2 months as Fed’s Powell reaffirms hawkish outlook

DOLLAR INDEX is trading up 0.34% at 103.525 The U.S. dollar edged higher on Wednesday, a day after posting its biggest single-day drop in more than two months after U.S. Federal Reserve chief Jerome Powell struck a more hawkish tone as the central bank battles to rein in surging...

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