Energy News
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Aurora viewers will want to keep their eyes on the sky this weekend as solar flares from the Sun are hurling towards Earth. NOAA has upgraded a geomagnetic solar storm watch from a Level 3 (“moderate”) to a Level 4 (“severe”) as several solar flares have combined. That could grace the northern tier skies with brilliant auroras but also trigger GPS problems, ...
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Jim Simons, the mathematician-investor who created what many in finance consider the world’s greatest moneymaking machine at his secretive firm, Renaissance Technologies, has died. He was 86. He died today in New York City, according to his charitable foundation, which didn’t cite a cause. In turning from academia to investing as he entered his 40s, Simons ...
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Bond markets make the financial world go round, helping to grease the wheels of commerce, allowing economic activity to expand. But when too much debt is issued, it can overwhelm demand, causing borrowing costs to spike which can be detrimental to the economy. This balancing act is attracting plenty of interest right now, especially when it comes to trends ...
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China’s consumer prices rose in April for a third straight month, while producer prices extended declines, suggesting resilient domestic demand, despite a shaky economic recovery. The closely watched numbers follow official surveys showing cooling factory and services activity, as concerns rise about economic growth losing momentum, weighed down by a ...
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Main scenario: consider short positions from corrections below the level of 84.85 with a target of 67.60 – 57.00. Alternative scenario: breakout and consolidation above the level of 84.85 will allow the asset to continue rising to the levels of 94.00 – 100.00. Analysis: supposedly, a downward correction continues developing as second wave of larger degree ...
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Jim Simons, the mathematician-investor who created what many in finance consider the world’s greatest moneymaking machine at his secretive firm, Renaissance Technologies, has died. He was 86. He died today in New York City, according to his charitable foundation, which didn’t cite a cause. In turning from academia to investing as he entered his 40s, Simons ...
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At last week’s meeting, the Fed appeared less hawkish than expected, with Chair Powell ruling out rate hikes and hinting that they are still leaning towards cuts. The ...
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In this episode, Liz Ann Sonders and Kathy Jones analyze this week's FOMC meeting and its impact on the economy and financial markets.
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China’s consumer prices rose in April for a third straight month, while producer prices extended declines, suggesting resilient domestic demand, despite a shaky economic recovery. ...
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Main scenario: consider short positions from corrections below the level of 84.85 with a target of 67.60 – 57.00. Alternative scenario: breakout and consolidation above the level of 84.85 will allow the asset to continue rising to the levels of 94.00 – 100.00. Analysis: supposedly, a downward correction continues developing as second wave of larger degree ...
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Natural gas is still on a tear, but its rally might be cut short soon as the commodity is approaching resistance levels marked by the Fibonacci retracement tool on its long-term chart. Price is closing in on the 38.2% Fib at $2.259, which lines up with a former support area. A larger pullback could take it up to the 50% level at $2.472 near the 200 SMA ...
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CME Group, the world's leading derivatives marketplace, today announced that trading in its U.S. Crude Grade futures, which are Argus-settled and trade as a differential to the global benchmark WTI Crude Oil futures, reached several records in April 2024: • Record ADV of 17.8K contracts, up 54% year-over-year • Record ADV for WTI Midland contracts of 7.1K, ...