Russia’s oil and gas condensate output rose in February to 11.06 million barrels per day (bpd), according to Reuters calculations based on an Interfax report on Wednesday, while trading has been stalled due to sanctions over Ukraine. The production rose from 11 million bpd in January, while in tonnes, Russia’s total oil and gas condensate
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Signage at a Job News USA career fair in Louisville, Kentucky, June 23, 2021. Luke Sharrett | Bloomberg | Getty Images Private job creation rose at a faster-than-expected clip in February, according to a count released Wednesday from payrolls processing firm ADP. Companies added 475,000 positions for the month, better than the Dow Jones estimate
In this article JWN Shoppers leave a Nordstrom store on May 26, 2021 in Chicago, Illinois. Scott Olson | Getty Images News | Getty Images Nordstrom on Tuesday reported better-than-expected profits and sales for the holiday quarter, prompting the retailer to offer an optimistic outlook for the coming year in spite of ongoing supply chain
SOFI stock soars in afterhours on Tuesday as earnings boost sentiment. SOFI had been beaten down, so expectations were low ahead of the release. SOFI beat on EPS and revenue and issued strong guidance. SoFi Technologies (SOFI) is an online personal finance company that has garnered quite a bit of investor attention lately. This has been
The price of gold is trading to a new session high of $1935.21. The price trades just off that level at $1934.71. The price is currently up $25.87 or 1.35%. Looking at the hourly chart, the low price yesterday stalled near its rising 200 hour moving average (green line). That gave the buyers the go-ahead
American multinational hedge fund and financial services company Citadel is poised to enter cryptocurrency markets this year. Speaking on Bloomberg Wealth with David Rubenstein, Citadel founder Ken Griffin commented on the current state of markets in light of recent geopolitical conflicts stating that they are at a “very volatile inflection point.” When the interview turned
Overall, the financial markets are steady in Asian session today. Russian invasion of Ukraine continues after the talks between two leaders yielded no breakthrough. Ukraine is holding on defending while isolation of Russia from the West intensified. In the currency markets, commodity currencies are attempting to break out from range. Aussie stays firm after non-eventful
Export demand for Indian wheat, corn and spices has shot up after Russia launched a military operation against Ukraine, forcing the international trade of agricultural commodities to shift sourcing to India since supplies from the two nations have come to a grinding halt. “The prices of wheat at the Kandla port have increased from ₹2,200
In this article CRM Marc Benioff, co-founder and chief executive officer of Salesforce.com Inc., pauses during a Bloomberg Television interview at the World Economic Forum in Davos, Switzerland, on Wednesday, Jan. 18, 2017. Simon Dawson | Bloomberg | Getty Images Salesforce topped analysts’ estimates for profit and revenue in its fiscal fourth-quarter earnings report. The
Bulls look firmer on bullish flag formation, which may scale the spot higher. A pullback towards 0.7255 will be a bargain bid for investors. AUD/USD is holding above the 50 and 150 EMAs, which add to the upside filters. The AUD/USD pair has attracted some significant bids after breaching its narrow dimension. The major looks
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The JPY is the strongest and the EUR is the weakest as European traders look to exit. Taking a quick look at some of the technicals for the major currency pairs: USDJPY : The USDJPY is lower on the day and in the process moved below a swing area between 114.759 and 114.834. The low
“The Market Report” with Cointelegraph is live right now. On this week’s show, Cointelegraph’s resident experts discuss which decentralized autonomous organizations (DAOs) have the most potential in 2022. But first, market expert Marcel Pechman carefully examines the Bitcoin (BTC) and Ether (ETH) markets. Are the current market conditions bullish or bearish? What is the outlook
Euro’s broad based selloff continues today, even though it’s still holding in range against Dollar and Sterling. But overall, European majors are weak. The greenback is somewhat capped by falling benchmark treasury yield. Yen is firm on risk-off sentiment but it’s slightly out-performed by Aussie. In other markets, stocks are generally pressured in Europe while
> Sen Rubio: Russia has committing war crimes. We need to continue to sustain pressure. ukraine Rubio on CNBC Putin will never win We need to continue to impose this has to be the most expensive adventurism in the modern history of world because if we don’t he will continue to do it, and if
MUMBAI – Palm oil has become the costliest among the four major edible oils for the first time as buyers rush to secure replacements for sunflower oil shipments from the top exporting Black Sea region that were disrupted by Russia’s invasion of Ukraine. Palm oil’s record premium over rival oils could squeeze price-sensitive Asian and