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Oil prices edges lower; China stimulus, Trump repercussions in focusvictory
Oil prices slipped Thursday, continuing the previous session's weakness on the
back of a strong dollar and lower crude imports in China.
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Oil declines as investors weigh whether new China stimulus will boost demand
Oil prices fell more than 1% on Wednesday as investors reassessed whether
China's latest stimulus plans will be able to boost its economy and spur fuel
demand in the world's largest crude importer.
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Bitcoin (BTC) Flashes 'Head and Shoulders': $90,000 Incoming?
A well-known technical reversal pattern called Head and Shoulders may be
developing for Bitcoin. It frequently indicates a possible change in trend.
According to the provided chart, Bitcoin appears to be close to finishing this
formation, which usually results in a change in market sentiment and a
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Union says striking Boeing workers not interested in latest contract offer
The union representing thousands of striking Boeing (NYSE:BA) U.S. factory
workers said late on Tuesday a survey showed members were overwhelmingly against
the planemaker's latest pay proposal, which it described as its "best and
final".
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Gold prices hit record high above $2,700; Copper buoyed by China
Gold prices extended their record-high run into Asian trade on Wednesday as
persistent optimism over lower U.S. interest rates weighed on the dollar, with
more cues on the U.S. economy due in the coming days.
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Citi doubles down on bearish EUR/USD stance
Citigroup has doubled down on its bearish EUR/USD stance, citing the recent
disappointing European economic activity data.
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Oil prices steady as China stimulus hopes fade, U.S. crude stockpiles fall
Oil prices steadied on Wednesday after rising in the previous session on fading
excitement for the economic stimulus in China, the world's biggest crude
importer, though an industry report showing falling U.S. crude and fuel
inventories supported the market.
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