Mideast factors to watch on Sept. 27
Reuters preview notes oil, gold and regional stocks as markets react to Iran war developments and air travel warnings.
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Why US Diesel Prices Could Stay High Even If Oil Tumbles: A Global Refinery Shortage
U.S. diesel prices are hovering near record highs as the wars in the Middle East and Ukraine squeeze global refining capacity. A top European central banker warns high diesel prices could linger much longer. But some investors expect oil to tumble once the Strait of Hormuz reopens. The average price for a gallon (3.79
Bulls and Bears: Costco, KB Home, McDonald’s
examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories. U.S. stocks ended the week higher, with the Nasdaq Composite leading gains as renewed enthusiasm for artificial intelligence lifted technology shares. The S&P 500 rose about 0.7% through Thursday, w
Brazil 10-Year Yield Falls as Global Surge Eases
Brazil’s 10-year government bond yield fell to 14.1% in late September as falling oil prices halted a sharp sell-off in global bonds. Lower oil prices tempered inflation concerns, pausing the broader bond-market sell-off, amid expectations of progress in diplomatic efforts between Iran and the US. Meanwhile, domestic f
Canada 10-Year Yield Eases From 3-Year High
Canada’s 10-year government bond yield eased to around 3.92% after touching a near three-year high of 4% on September 24th, as falling oil prices halted a sharp sell-off in global bonds. Lower oil prices tempered inflation concerns, pausing the broader bond-market selloff. Expectations that diplomatic efforts involving
Battered bonds draw support from falling oil prices
By Karen BrettellUS Treasury yields stabilised on Friday with benchmark 10-year note yields edging lower on the day as oil prices dropped, after they earlier set fresh multi-decade highs, with traders pricing in further Federal Reserve interest rate hikes.Stocks, meanwhile, were buoyed by continued…