Energy News
- From statcan.gc.ca|1 hr 16 min ago
- From statcan.gc.ca|1 hr 16 min ago
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From bbc.co.uk|1 hr 48 min ago|1 commentPolice in Paraguay have found a record 2.3 tonnes of cocaine hidden among a charcoal shipment destined for Israel. They said the drugs had an estimated street value of $500m (£383m). It is the largest drugs seizure police have made in the South American country. The cocaine was found in a container at Terport, a private port in the city of Villeta, near the ...
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From bbc.com|7 hr agoA hacking group is donating stolen money to charity in what is seen as a mysterious first for cyber-crime that's puzzling experts. Darkside hackers claim to have extorted millions of dollars from companies, but say they now want to "make the world a better place". In a post on the dark web, the gang posted receipts for $10,000 in Bitcoin donations to two ...
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From newtraderu.com|15 hr agoA risk management process for a trading system is not just math but also includes human psychology. The psychology of execution is just as important to profitability as the trading dynamics of the entries and exits of a trading method. Humans have fear, greed, and egos and these elements can interfere with the process of trading the right position size, ...
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From federalreserve.gov|56 min agoI want to express my appreciation to Kevin Daly for inviting me to participate in the Society of Professional Economists Annual Online Conference.1 The U.S. economy saw a strong initial bounceback from the depths of the COVID-19 (coronavirus disease 2019) crisis, aided by significant targeted support. The recovery remains highly uncertain and highly uneven—with certain sectors and groups experiencing substantial hardship. These disparities risk holding back the recovery. The Federal Reserve is committed to providing sustained accommodation to achieve a broad-based recovery. Further targeted fiscal support will be needed alongside accommodative monetary policy to turn this K-shaped recovery into a broad-based and inclusive recovery. tweet at 8:51am: BRAINARD: FED WILL KEEP RATES AT ZERO UNTIL INFLATION IS AT 2% AND EXPECTED TO EXCEED 2% tweet at 8:50am: *BRAINARD: FED COMMITTED TO PROVIDING SUSTAINED ACCOMMODATION *BRAINARD: NEED STRONG MONETARY/FISCAL POLICY HELP FOR RECOVERY tweet at 8:50am: BRAINARD: FED IN THE MONTHS AHEAD TO CLARIFY HOW ASSET PURCHASES TO BEST WORK WITH FORWARD GUIDANCEFed’s Brainard calls for more stimulus from Congress amid ‘highly uneven’ recovery Federal Reserve Governor Lael Brainard issued a call Wednesday for more fiscal support from Congress, saying that more stimulus is needed to address a recovery that so far has left out large parts of the economy. “The recovery remains highly uncertain and highly uneven—with certain sectors and groups experiencing substantial hardship. These disparities risk holding back the recovery,” Brainard said remarks to the Society of Professional Economists. “Further targeted fiscal support will be needed alongside accommodative monetary policy to turn this K-shaped recovery into a broad-based and inclusive recovery,” she added.
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From rbnenergy.com|5 hr agoMuch has been written about the run-up in U.S. crude oil exports over the past five-plus years, and rightly so. Who would have guessed a dozen years ago that the U.S. would soon be producing as much as 13 MMb/d, and exporting one-quarter of it? Exports are only half of the story though. In fact, for every barrel of crude shipped or piped out of the U.S. ...
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From fxstreet.com|10 hr agoThe West Texas Intermediate (WTI) crude, the North American oil benchmark, is currently trading at $41.55, representing a 0.36% decline on the day. The black gold has recovered from the session low of $41.12 and is fast approaching resistance at $41.72 (Sept. 18 high). While the bulls failed to establish a foothold above that level on Monday, they ended up ...
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From youtube.com|6 hr ago|1 commentPresident Christine Lagarde and Chief Economist Philip R. Lane host a virtual listening event with civil society organisations.
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From reuters.com|10 hr agoThe United States and Britain expressed optimism about the prospects of a trade deal on Tuesday as they launched the latest round of talks focused on goods and tariffs. U.S. Trade ...
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From dallasfed.org|8 hr agoThe obvious big challenge is that when you shut things down, you eliminate jobs, and when you eliminate jobs, you eliminate consumption, and when you eliminate consumption, that ...
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From @LiveSquawk|5 hr ago|12 commentstweet at 3:47am: EU’s Barnier: EU Wants A Brexit Deal, Going To Need Trust Based On Current Deal tweet at 3:48am: $GBPUSD | EU’s Barnier: EU Stance On Brexit Will Not Change tweet at 3:48am: EU’s Barnier: EU Attitude Has Shifted And Will Not Shift Not Until Last Day We Will Remain Firm, Determined tweet at 3:49am: EU’s Barnier: On Brexit - Will Seek Necessary Compromises Until Last Day Possible tweet at 3:51am: $GBPUSD | EU’s Barnier: A Brexit Agreement Is Within Reach; Need Progress In Coming Days
- From federalreserve.gov|56 min ago
I want to express my appreciation to Kevin Daly for inviting me to participate in the Society of Professional Economists Annual Online Conference.1 The U.S. economy saw a strong initial bounceback from the depths of the COVID-19 (coronavirus disease 2019) crisis, aided by significant targeted support. The recovery remains highly uncertain and highly uneven—with certain sectors and groups experiencing substantial hardship. These disparities risk holding back the recovery. The Federal Reserve is committed to providing sustained accommodation to achieve a broad-based recovery. Further targeted fiscal support will be needed alongside accommodative monetary policy to turn this K-shaped recovery into a broad-based and inclusive recovery. tweet at 8:51am: BRAINARD: FED WILL KEEP RATES AT ZERO UNTIL INFLATION IS AT 2% AND EXPECTED TO EXCEED 2% tweet at 8:50am: *BRAINARD: FED COMMITTED TO PROVIDING SUSTAINED ACCOMMODATION *BRAINARD: NEED STRONG MONETARY/FISCAL POLICY HELP FOR RECOVERY tweet at 8:50am: BRAINARD: FED IN THE MONTHS AHEAD TO CLARIFY HOW ASSET PURCHASES TO BEST WORK WITH FORWARD GUIDANCEFed’s Brainard calls for more stimulus from Congress amid ‘highly uneven’ recovery Federal Reserve Governor Lael Brainard issued a call Wednesday for more fiscal support from Congress, saying that more stimulus is needed to address a recovery that so far has left out large parts of the economy. “The recovery remains highly uncertain and highly uneven—with certain sectors and groups experiencing substantial hardship. These disparities risk holding back the recovery,” Brainard said remarks to the Society of Professional Economists. “Further targeted fiscal support will be needed alongside accommodative monetary policy to turn this K-shaped recovery into a broad-based and inclusive recovery,” she added.
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From statcan.gc.ca|1 hr 16 min agoThe Consumer Price Index (CPI) rose 0.5% on a year-over-year basis in September, up from a 0.1% increase in August. Excluding gasoline, the CPI rose 1.0% in September, following a ...
- From fxstreet.com|10 hr ago
The West Texas Intermediate (WTI) crude, the North American oil benchmark, is currently trading at $41.55, representing a 0.36% decline on the day. The black gold has recovered from the session low of $41.12 and is fast approaching resistance at $41.72 (Sept. 18 high). While the bulls failed to establish a foothold above that level on Monday, they ended up ...
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From dailyforex.com|26 hr agoThe West Texas Intermediate Crude Oil market continues to go sideways more than anything else as there is no clear narrative as to where we are going next. With the concerns about the coronavirus dwindling the amount of demand for crude oil, it does make sense that we would struggle to go higher. Furthermore, there are a whole host of reasons to think that ...
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From fxnewsgroup.com|13 hr agoElectronic trading major Interactive Brokers Group, Inc. (NASDAQ:IBKR) has posted a set of solid metrics for the third quarter of 2020, with active trading supporting revenues. Diluted earnings per share amounted to $0.58 in the quarter ended September 30, 2020, markedly higher than the result of $0.45 for the same period in 2019. Adjusted diluted earnings ...