Oil prices fell as jitters over the prospect of the Fed raising interest rates combined with weaker Chinese manufacturing data to erase earlier gains.
as an increase in outlays on services was offset by a decline in goods, but persistent strength in underlying inflation pressures could see the Federal Reserve raising interest rates again.
"Investors remain cautious amid mixed economic signals. Brent crude has been tracking broader markets in recent sessions, with a slew of economic data creating more uncertainty about the outlook," ANZ's note said.Goldman Sachs says there could be 'multiple beats' by solar companies and gives its favorites
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
AUD/USD stays bearish near 0.6600 amid China, First Republic inflicted fears ahead of RBA, FedAUD/USD stays bearish near 0.6600 amid China, First Republic inflicted fears ahead of RBA, Fed – by anilpanchal7 AUDUSD RBA Fed RiskAversion NFP
Les mer »
China’s Oil Strategy Mixes Diplomacy and a Domestic Drilling PushChina is stepping up domestic drilling for oil and seeking alternatives in the global market, including striking deals with countries that are subject to Western sanctions
Les mer »
Gold Price Forecast: XAU/USD struggles to find direction as focus shifts to Fed policyGold price (XAU/USD) is hovering around $1,990.00 in the early Asian session. The precious metal is struggling to find any direction as investors are
Les mer »
EUR/USD Price Analysis: Bears eye 1.0960 as US Dollar cheers pre Fed, ECB anxietyEUR/USD renews intraday low as bears attack the 1.1000 round figures early Monday amid broad US Dollar strength, as well as sluggish markets due to ho
Les mer »
USD/CHF Price Analysis: Recovery firmly to 0.8950 as Fed policy comes into pictureThe USD/CHF pair is eyeing a recovery extension above the immediate resistance of 0.8946 in the early Tokyo session. The Swiss franc asset recovered s
Les mer »
Gas price increases slow across Arizona, Tucson, as oil dropsThe more rapid rise in gas prices in Arizona recently is due to a combination of factors including supply-chain issues, refinery outages and a switch to a summer blend.
Les mer »