Dollar trades near two-week low as U.S. yields fall

© Reuters. FILE PHOTO: U.S. one dollar banknotes are seen in front of displayed stock graph By Ritvik Carvalho LONDON (Reuters) – The U.S. dollar traded near its lowest in more than two weeks versus major peers on Thursday, tracking Treasury yields lower, after minutes of the Federal Reserve’s March policy meeting offered no new […]

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Euro Risks Fall Below $1.18 as Third Covid Wave Hits EU, Experts Warn

© Reuters. By Yasin Ebrahim Investing.com – The euro fell against the dollar Wednesday and could soon be staring down the barrel of a plunge below $ 1.18 as the third wave of Covid-19 threatens the outlook for the economic bloc. fell 0.22% to $ 1.1823 and could continue its bearish trend as the U.S. […]

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Asia stocks set to fall, pressured by soaring T-note yields

© Reuters. FILE PHOTO: A man walks past a stock quotation board at a brokerage in Tokyo, Japan By Elizabeth Dilts Marshall NEW YORK (Reuters) – Asian stocks are set to open mostly lower on Friday, pressured by U.S. Treasury yields that rose to 14-month highs overnight and oil prices, which fell by their biggest […]

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Oil prices fall as China’s surging COVID-19 cases trigger clampdowns

© Reuters. FILE PHOTO: The moon rises behind oil storage tanks in Omsk By Sonali Paul and Koustav Samanta MELBOURNE/SINGAPORE (Reuters) – Oil prices dropped on Friday, retreating further from 11-month highs hit last week, weighed down by worries that new pandemic restrictions in China will curb fuel demand in the world’s biggest oil importer. […]

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Oil steadies as U.S. inventory fall tempers demand woes

© Reuters. FILE PHOTO: The Bryan Mound Strategic Petroleum Reserve is seen in an aerial photograph over Freeport, Texas By Ahmad Ghaddar LONDON (Reuters) – Oil prices steadied after an early jump on Wednesday as industry data showing a bigger-than-expected drop in inventories, but rising global COVID-19 infections capped price gains. prices were down 4 […]

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Oil Inventories Fall by 5.82M Barrels Last Week: API

© Reuters. By Yasin Ebrahim Investing.com – U.S. oil stockpiles fell last week, adding to expectations that crude demand will likely remain resilient as the vaccine rollout continues. fell by 5.82 million barrels last week, according to an estimate released Tuesday by the American Petroleum Institute, after a draw of 1.67 million barrels the previous week. Gasoline […]

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Oil Inventories Fall by 1.663M Barrels Last Week: API

© Reuters. By Yasin Ebrahim Investing.com – U.S. oil stockpiles fell last week, but product inventories rose sharply taking some shine off a positive day for oil prices Tuesday after Saudi Arabia delivered an expected cut to production.  fell by 1.663 million barrels last week, according to an estimate released Tuesday by the American Petroleum Institute, after […]

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Tesla 2020 deliveries beat estimates, but fall just short of Musk’s target

© Reuters. FILE PHOTO: CEO of Tesla Motors Elon Musk poses during a television interview after his company’s initial public offering at the NASDAQ market in New York (Reuters) – Tesla (NASDAQ:) Inc on Saturday reported better-than-expected 2020 vehicle deliveries, driven by a steady rise in electric vehicle adoption, but narrowly missed its ambitious full-year […]

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