Oil Slips Before U.S. Payrolls, but set for Best Week in 6 Months

Oil Slips Before U.S. Payrolls, but set for Best Week in 6 Months

Oct 7, 2022

Oil Prices Fell On Friday As Markets Awaited More Economic Cues From A Closely-Watched U.S. Payrolls Report, But Were Headed For Strong Weekly Gains After The OPEC+ Announced Its Biggest Supply Cut Since The 2020 COVID Pandemic London-traded Brent oil futures fell 0.4%

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US dollar clings to gains as bets on further Fed hikes firm

US dollar clings to gains as bets on further Fed hikes firm

Oct 6, 2022

THE Dollar Fought For A Footing In Choppy Trade On Thursday With Support From Upbeat U.S. Data And Hawkish Policymaker Comments While The Prospect Of Higher Energy Prices Helped Exporters’ Currencies And Weighed On Those Of Importers. The dollar rose 1% on the

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OIL PRICES RISE TO NEAR $90 AS OPEC CUT LOOMS

OIL PRICES RISE TO NEAR $90 AS OPEC CUT LOOMS

Oct 4, 2022

Oil Prices Rose Further On Tuesday As Markets Positioned For The Biggest Supply Cut By OPEC Since The 2020 COVID Crisis, With Weakness In The Dollar Also Helping. London-traded Brent oil futures, the global benchmark, rose 0.6% to $89.28 a barrel, while West

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GOLD STEADIES ABOVE $1,650 AS SAFE HAVEN APPEAL CREEPS BACK IN

GOLD STEADIES ABOVE $1,650 AS SAFE HAVEN APPEAL CREEPS BACK IN

Oct 3, 2022

Gold Prices Steadied Above A Major Support Level On Monday As Growing Risks Of An Economic Recession Spurred Some Safe Haven Demand For The Yellow Metal. Prices also recovered marginally from a bruising September, where they dropped 3%. Bullion prices marked their worst

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Investor Sentiment on Thin Ice Amid Rate Hikes and Swoon in Stocks

Investor Sentiment on Thin Ice Amid Rate Hikes and Swoon in Stocks

Oct 1, 2022

Aggressive rate hikes and posturing by the Federal Reserve in an effort to bring down inflation, and the return of a bear market for U.S. equities have contributed to the most pessimistic sentiment among investors all year, according to our most recent survey

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OIL HEADS FOR FOURTH STRAIGHT MONTHLY LOSS AS OPEC MEETING LOOMS

OIL HEADS FOR FOURTH STRAIGHT MONTHLY LOSS AS OPEC MEETING LOOMS

Sep 30, 2022

Oil prices rose slightly on Friday, but were set for a fourth straight month of losses amid growing concerns over weakening demand, with focus now turning to a potential supply cut by the OPEC next week. London-traded Brent oil futures, the global benchmark,

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GOVT HIKES DA BY 4% UNDER 7TH PAY COMMISSION; DETAILS HERE

GOVT HIKES DA BY 4% UNDER 7TH PAY COMMISSION; DETAILS HERE

Sep 29, 2022

The Union Cabinet has hiked Dearness Allowance (DA) of central government employees and pensioners by 4 percent under the 7th Pay Commission, The hike takes DA to 38 percent from current 34 percent of basic pay/pension. The Finance Ministry said that the central

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Asia FX Battered by Hawkish Fedspeak, Dollar Back at 20-Year Peak

Asia FX Battered by Hawkish Fedspeak, Dollar Back at 20-Year Peak

Sep 28, 2022

Asian currencies plummeted on Wednesday, while the dollar surged to new 20-year highs on hawkish comments from Federal Reserve officials and growing safe haven demand. The dollar index jumped 0.4% to a new 20-year high of 114.68, while dollar index futures rose in

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Oil Prices Hover Near 8-Mth Low as Recession Fears Dent Outlook

Oil Prices Hover Near 8-Mth Low as Recession Fears Dent Outlook

Sep 26, 2022

Oil prices held near eight-month lows on Monday after falling sharply last week, as markets feared that slowing global economic activity will dent demand for crude. London-traded Brent oil futures rose 0.3% to $85.29 a barrel, while U.S. West Texas Intermediate futures were

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CFPB Study Outlines Need for “Buy Now, Pay Later” Rules

CFPB Study Outlines Need for “Buy Now, Pay Later” Rules

Sep 24, 2022

Researchers found BNPL often relies on data collection and other consumer risks. The Consumer Financial Protection Bureau (CFPB) is gearing up to place the same type of stringent protections it places on credit card companies on the “Buy Now, Pay Later” (BNPL) industry,

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