Oil prices drop 5% on concerns over economy and potential debt default

Oil prices drop 5% on concerns over economy and potential debt default

Oil prices experienced their biggest one-day percentage decline since early January, with Brent futures and West Texas Intermediate crude falling around 5% to a five-week low. The fall was fueled by increased concerns about the economy as US politicians discuss ways to avoid a debt default and investors prepare for more rate hikes this week. … Read more

TSX reaches two-month high helped by technology and Teck Resources shares

TSX reaches two-month high helped by technology and Teck Resources shares

Canada’s largest diversified mining company, Teck Resources, recently helped the Toronto stock market extend its winning streak with impressive second-quarter earnings. The company’s strong financial performance provided a welcome boost to the Canadian economy amid the ongoing global uncertainty caused by the pandemic. With increased demand for commodities and a solid track record of responsible … Read more

Oil prices rise on potential China stimulus and drop in US crude stockpiles

Oil prices rise on potential China stimulus and drop in US crude stockpiles

Oil prices have been on the rise recently as hopes for a Chinese economic stimulus and a weaker dollar have buoyed the market. With China’s economy showing signs of slowing down, investors have been waiting for the government to announce a new round of stimulus measures, which could potentially increase demand for oil. Additionally, a … Read more

Gold falls below $2,000 as dollar rises on strong US jobs data

Gold falls below ,000 as dollar rises on strong US jobs data

The price of gold has been steadily climbing over the past few months, hitting an all-time high of over $2,000 per ounce in early August. However, recent news of positive US jobs growth has lifted the value of the dollar and caused the price of gold to fall below $2,000. This development has sparked concerns … Read more

todofichajes.com – Roger Ibáñez slips into the list of West Ham

todofichajes.com – Roger Ibáñez slips into the list of West Ham

The London team may try to sign the Brazilian from Roma. West Ham United have expressed interest in signing Brazilian player Roger Ibáñez, who currently plays for Roma in Serie A in Italy. However, this potential signing is highly dependent on West Ham’s ability to stay in the Premier League. Roger Ibáñez is a 23-year-old … Read more

todofichajes.com – The Premier pays attention to Batshuayi

todofichajes.com – The Premier pays attention to Batshuayi

The three clubs looking for the transfer Everton, West Ham and Crystal Palace are the teams that will try to sign the Belgian footballer, who currently plays for Turkish Fenerbahçe. The striker’s contract ends in the summer, but from 2024, a situation that can make signing a striker who already knows English football cheaper. He … Read more