Energy News
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Nvidia’s market value crossed $3 trillion for the first time Wednesday, propelling the chipmaker above Apple to become the second-most valuable company in the world. The chipmaker, whose processors are central to powering the current artificial intelligence (AI) craze, saw its shares climb 5.16 percent Wednesday ahead of Friday’s stock split. Microsoft ...
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A debate at London city council surrounding an already pulled back curfew on gas-powered lawn and gardening equipment boiled over Tuesday afternoon. The civic works committee proposed holding a public meeting on the idea of a curfew on the use of gas-powered lawn and garden equipment from 6 p.m. to 8 a.m. The bylaw currently prohibits the use of all ...
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GDP, or gross domestic product, is all over financial news. It’s a measure of the value of all the goods and services in a country, but what does it actually mean? Well, it works as an indicator for how well or poorly a nation’s overall economy is faring. Do policies need adjusting? Are people gainfully employed? Watch to learn how GDP works and why it ...
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The clean energy transition is a crucial objective in our path to sustainable development. Trade policy tools — such as rebalancing tariffs in line with climate ambitions or aligning standards to accelerate decarbonisation efforts — can fast-track transition efforts and expedite inclusion of developing economies into green value chains.” DDG Zhang said: ...
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post: BoJ's Nakamura: Japan's economy at critical juncture https://t.co/IwKcPts4Zm post: BoJ Gov Ueda: Price Expectations Must Be Around 2% For Price Target - Inflation Expectations Still Below 2% - Want To Proceed Cautiously On Interest Rates post: BOJ GOVERNOR UEDA: UNCERTAINTIES SURROUND MEASURING NEUTRAL RATE post: BOJ GOVERNOR UEDA: TO AVOID SUCH A SCENARIO, BOJ WOULD NEED TO ADJUST DEGREE OF MONETARY EASING WHICH WOULD REQUIRE RAISING SHORT-TERM POLICY TARGET post: BOJ GOVERNOR UEDA: REDUCE BOND BUYING DURING EXIT
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With a solid US ISM services PMI print and rate cut from the Bank of Canada (BoC) helping to fuel the soft-landing narrative, the rout in WTI crude oil reversed on Wednesday, delivering a bullish technical pattern that points to the potential of further gains ahead. WTI squeezes on improved demand outlook Having plunged 10% in five sessions, marking a ...
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The Bank of Canada marked a major turning point in its fight against inflation on Wednesday as it lowered its key interest rate for the first time in more than four years, making ...
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Gaza's government media office said on Thursday that at least 27 people were killed and dozens injured in an Israeli attack in Nuseirat, as one of Gaza's few functioning hospitals ...
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The upward trend in global stock markets continues, with the S&P and Nasdaq hitting new record highs yesterday. Momentum continues as US data starts to weaken over the past week, ...
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post: BoJ's Nakamura: Japan's economy at critical juncture https://t.co/IwKcPts4Zm post: BoJ Gov Ueda: Price Expectations Must Be Around 2% For Price Target - Inflation Expectations Still Below 2% - Want To Proceed Cautiously On Interest Rates post: BOJ GOVERNOR UEDA: UNCERTAINTIES SURROUND MEASURING NEUTRAL RATE post: BOJ GOVERNOR UEDA: TO AVOID SUCH A SCENARIO, BOJ WOULD NEED TO ADJUST DEGREE OF MONETARY EASING WHICH WOULD REQUIRE RAISING SHORT-TERM POLICY TARGET post: BOJ GOVERNOR UEDA: REDUCE BOND BUYING DURING EXIT
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Economic activity in the services sector grew in May after contracting in April for the first time since December 2022, say the nation's purchasing and supply executives in the ...
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According to preliminary data from the Federal Statistical Office (Destatis), real (price-adjusted) incoming orders in the manufacturing sector fell by 0.2% in April 2024 compared ...
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Natural gas might be in for a reversal on its slide, as the commodity price formed an inverted head and shoulders pattern on its hourly time frame. Price is still testing the neckline of the formation, and a break above the resistance around $2.600 could confirm that a rally of the same height is in the cards. This might be enough to take natural gas up to ...
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video Natural gas further traces out a bull pennant trend continuation pattern on Wednesday, as it traded inside Tuesday’s trading range. This pattern is forming on support of both the 20-Day MA and 200-Day MAs. The range of the pennant is tightening as natural gas gets closer to the apex of the pattern on June 17. This means that a bullish breakout or ...
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CME Group, the world's leading derivatives marketplace, today reported its May 2024 market statistics set a new average daily volume (ADV) record of 26 million contracts for the month, up 4% from May 2023. The company's interest rate and metals products also reached May ADV records, as its deeply liquid U.S. Treasury complex hit a new single-day record of ...