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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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Futures higher, potential Fed rate cut size in focus - what's moving markets
Stock futures on Wall Street edge higher on Monday, as debate swirls around the
scale and speed of potential Federal Reserve interest rate cuts following a
weaker-than-anticipated jobs report. Planemaker Boeing (NYSE:BA) reaches a
tentative deal with its biggest labor union, possibly avoiding a
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Dollar steadies, yen slips as traders grapple with Fed rate-cut outlook
The dollar recovered some lost ground on Monday while the yen pared its
safe-haven gains, as investors who were undecided on the scale of a Federal
Reserve rate cut expected later this month looked to this week's U.S. inflation
data for more clues.
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Asia shares slip, but US and EU futures find a bid
Asian share markets slipped on Monday as worries about U.S. and Chinese growth
weighed on sentiment, though U.S. and European stock futures did manage a bounce
while bond yields came off their lows.
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Oil prices jump $1 on Gulf Coast storm, post selloff recovery
Oil futures jumped by a dollar in early trading on Monday as a potential
hurricane system approached the U.S. Gulf Coast, and as markets recovered from a
selloff following weaker-than-expected U.S. jobs data on Friday.
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Boeing reaches tentative labor deal with 25% pay hike, new plane commitment
Boeing said on Sunday it has reached a tentative agreement with a union
representing more than 32,000 workers in the U.S. Pacific Northwest, in a deal
that could help avert a possible crippling strike as early as Sept. 13.
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DirecTV files FCC complaint against Disney for anti-competitive practices
Satellite TV provider DirecTV has filed a complaint with the U.S. Federal
Communications Commission (FCC), accusing Walt Disney (NYSE:DIS) of failing to
negotiate in good faith and engaging in anticompetitive behavior, the company
said on Sunday.
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