Oil Slips on Signs of Weak Fuel Demand, Strong Dollar

SINGAPORE, May 13 Reuters Oil prices extended declines on Monday amid signs of weak fuel demand and as comments from U.S. Federal Reserve officials dampened hopes of interest rate cuts, which could slow growth and crimp energy use in the world39;s biggest economy. Brent crude futures slid 7 cents, or 0.1, to 82.72 a barrel […]
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U.K. GDP grew, Strong Canada labour market figures, U.S. Consumer sentiment plunged, Higher U.S. inflation expectations, Commodities and Bitcoin lower

Previous Trading Days Events 10.05.2024 According to the reports on Friday, Canadas economy added a net 90,400 jobs and the unemployment rate unexpectedly held at 6.1. Analysts said the data might prompt the Bank of Canada BoC to reassess their current expectations on when cuts will take place. Money markets are now fully pricing in […]
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European Retail Hedge Fund Assets Shrink to 8Y Low, Kepler

LONDON, May 13 Reuters Retail investors are pulling out of Europe39;s hedge fund industry, with assets under management shrinking to an eightyear low according to data released on Monday, as higher interest rates and lagging performance send smaller investors elsewhere. Assets in alternative 39;UCITS39; funds in Europe shrank 3 to 236.3 billion at the end […]
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