Market News

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OPEC+ Meeting: Crude Oil Prices Surge 1% Ahead of Key Decision

Crude oil futures prices rose by 1% on Tuesday as traders awaited the OPEC+ meeting scheduled for Thursday, December 5. The organization is expected to extend its production cuts u...

Market

South Korea's Won Plunges as Martial Law Declared

The South Korean won has plummeted to a two-year low against the US dollar following President Yoon Suk Yeol's declaration of a state of emergency. The specifics of how martial law...

Market

US Markets Flat Ahead of Key Jobs Reports: What to Expect?

US stock markets were little changed in the premarket on Tuesday ahead of the JOLTS job openings report for October. Analysts forecast the figure to stay in line with September's 7...

Market

US Markets Mixed Amid Manufacturing Data and Fed Signals, Jobs Report Awaited

US stock markets opened mixed on Tuesday as investors reviewed manufacturing growth data and assessed Federal Reserve signals. Attention now shifts to the upcoming jobs market data...

Market

UK Considers Postponing Economic Data Releases to Market Hours

The UK Office for Statistics Regulation is considering postponing the release of sensitive economic data to market hours in London, following feedback from traders. The Bank of Eng...

Market

Stellantis CEO Carlos Tavares Resigns, Stock Plunges 7%

Stellantis NV's stock fell by over 7% after the company announced the immediate resignation of its CEO, Carlos Tavares, due to disagreements with the board. The company expects to ...

Market

Premarket Flatness on Wall Street: Awaiting Key Manufacturing Data

Wall Street's premarket trading was subdued on Monday as investors awaited key economic data releases, including the S&P Global and ISM manufacturing activity reports for November ...

Market

Oil Prices Surge Amidst Rising Demand and Geopolitical Tensions

Crude oil futures rose 1% on Monday, driven by a faster expansion in China's manufacturing sector and ongoing geopolitical tensions in the Middle East. West Texas Intermediate (WTI...