Crude Oil Mixed In Asia With API Estimates To Set The Tone

Investing.com - Crude prices pointed mixed in Asia on Tuesday with US industry inventory estimates ahead. On the New York Mercantile Exchange crude futures for January delivery inched up 0.02% to $57.46 a barrel, while on London's Intercontinental Exchange, Brent was last quoted at $62.46 a barrel ...

Dollar Gains On Yen In Early Asia, AUD Awaits RBA Rate Review

Investing.com - The dollar gained against the yen in early Asia on Tuesday with a steady suite of data from Australia and China ahead as well as a central bank rate review from Sydney. USD/JPY changed hands at 112.48, up 0.06%, while AUD/USD traded at 0.7602, up 0.05%. Australia reported the AI ...

The Day Ahead: Top 3 Things to Watch

Investing.com - Here’s a preview of the top 3 things that could rock markets tomorrow U.S. crude oil stockpiles on tap Traders look ahead to a fresh batch of crude oil inventory data from the American Petroleum Institute due Tuesday. The American Petroleum Institute reported crude oil stockpiles ...

Nasdaq Slump as Tech Tumbles, Dow Jones Closes at Record

Investing.com – US stocks closed mixed on Monday as a rotation from growth into value stocks led to a sell-off in tech stocks offsetting positive sentiment which followed the Senate’s approval of tax bill. The Dow Jones Industrial Average closed higher at 24,290. The S&P 500 closed 0.11% ...

Crude Oil Prices Settle Lower, Focus Shifts to US Output

Investing.com – Oil prices settled lower on Monday as traders appeared to take profit on the recent rally which followed last week’s decision by Opec and some non-Opec producers to extend output curbs. On the New York Mercantile Exchange crude futures for January delivery fell 1.5% to settle ...

Bitcoin Eases From Record Highs, IOTA Surges 50%

Investing.com – Bitcoin eased from record highs but remained well supported amid growing expectations for surge in demand for the popular digital currency after two major exchanges announced plans to launch bitcoin futures by year-end. On the U.S.-based Bitfinex exchange, bitcoin fell t ...

Gold Falls on Stronger Dollar, Natural Gas Slumps as Short Bets Increase

Investing.com – Gold prices came under pressure on Monday amid a stronger dollar after the U.S. Senate approved a tax bill aimed at overhauling the U.S. tax system and boosting economic growth. Gold futures for February delivery on the Comex division of the New York Mercantile Exchange fel ...

Dollar at Highs on Tax Reform Optimism, GBP/USD Falls Amid No Brexit Deal

Investing.com – The dollar rose against a basket of currencies on Monday as the U.S. Senate approved a tax bill, while a slump in the pound on reports of a no brexit deal lifted sentiment on the greeback. The U.S. dollar index, which measures the greenback’s strength against a trade-weighted ...

Forex- Tax Bill Prospects Increase Dollar

Investing.com - The dollar was higher against other major currencies on Monday as investors grew optimistic after the Senate passed a tax bill on Saturday. The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, was up 0.42% to 93.20 ...

CVS to Buy Aetna for $69 Billion in Healthcare Sector Shakeup

Investing.com - Two US healthcare giants will be joining forces. On Sunday, CVS, the largest drugstore chain, agreed to buy Aetna (NYSE:AET), the third-largest health-insurer, for around $69 billion. The deal will be this year’s largest corporate acquisition.CVS President and CEO Larry Merlo said ...

Stocks- Wall Street Surges After Tax Bill Approved

Investing.com – The Dow rallied into triple digits while the Nasdaq inched down on Monday after the Senate passed its version of the tax-reform bill in the early hours of Saturday. The S&P 500 rose 18 points or 0.70 % as of 10:10 AM ET (3:10 PM GMT) while the Dow composite was in th ...

U.S. Factory Orders Drop Less Than Feared in October

Investing.com - U.S. factory orders fell in October, but by a lower margin than feared causing some relief over the state of the manufacturing sector, responsible for roughly 12% of the American economy, official data showed on Tuesday. In a report, the U.S. Census Bureau said factory order ...

Crude Oil Prices Under Pressure on U.S. Oil Production Worries

Investing.com - Crude oil prices remained lower on Monday, as concerns that rising U.S. shale output could dampen efforts to lower global oil supplies continued to weigh. The U.S. West Texas Intermediate crude January contract was down 63 cents or about 1.08% at $57.73 a barrel by 09:50 a.m. E ...

USD/CAD Hovers at 1-Month Lows in Early Trade

Investing.com - The U.S. dollar was hovering at one-month lows against its Canadian counterpart on Monday, even as news a major U.S. tax reform vote lent support to the greenback as Friday's strong Canadian employment data continued to boost the local currency. USD/CAD was little changed at 1.268 ...

Natural Gas Futures Rally to Start the Week

Investing.com - Natural gas futures started the week off with sharp gains on Monday, as traders reacted to forecasts calling for more heating demand through mid-December. U.S. natural gas futures climbed 4.9 cents, or around 1.6%, to $3.110 per million British thermal units by 9:00AM ET (1400GMT) ...

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