TAG: us gdp growth
Oil settles higher on Middle East supply woes, US inflation data limits gains; Brent at $89/bbl
Crude oil prices settled higher in the previous session, garnering support from tensions in the Middle East, but a stronger US dollar and US inflation data faded hopes that the US Federal Reserve would cut interest rates soon, limiting gains in crude pri...
5 months ago
Gold prices down $100 from record-high on uptick in US Treasury yields; Q1GDP lowers Fed rate cut hopes
Gold prices today: The yellow metal trimmed gains on Thursday, April 25, as US Treasury yields rose after gross domestic product (GDP) data showed signs of persistent core inflation, which in turn, lowered expectations of the Federal Reserve cutting inte...
5 months ago
Oil extends losses on easing Middle East tensions, slower US biz activity; Brent steady at $88/bbl
Oil prices were moderately lower on Wednesday, April 24, as worries over conflict in the Middle East eased and business activity in the world's largest oil consumer slowed down, however, a fall in US crude oil inventories put a floor on the losses. Oil p...
5 months ago