Tag Archives: traders

European Stocks Slip as Traders Weigh Rate Outlook: Markets Wrap

European Stocks Slip as Traders Weigh Rate Outlook: Markets Wrap

(Bloomberg) — European stocks fell as traders weighed the outlook for monetary policy ahead of a raft of speeches by policy makers at the World Economic Forum in Davos this week. Most Read from Bloomberg The Stoxx Europe 600 index slipped 0.2%, extending a lackluster start to the year after a 13% rise in 2023. Basic resources and carmakers led the decline after Germany’s economy dodged a recession, though the latest data showed it contracted for the first time since the pandemic last year…. Source link

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Oil Extends Volatile Run as Traders Mull US Stockpiles, Red Sea

Oil Extends Volatile Run as Traders Mull US Stockpiles, Red Sea

(Bloomberg) — Oil switched to a decline to extend a run of choppy sessions, as traders weighed smaller US inventories and the wider risks of more attacks on vessels in the Red Sea. Most Read from Bloomberg Brent edged down to near $77 a barrel, reversing an earlier gain and following Tuesday’s advance of almost 2%. The American Petroleum Institute said nationwide inventories fell 5.2 million barrels last week, with levels at Cushing also down. The Energy Information Administration,… Source link

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