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Cryptocurrency

Ethereum Falls 11% In Bearish Trade

  • 3 months ago
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Ethereum was trading at $2,396.95 by 18:16 (22:16 GMT) on the Investing.com Index on Tuesday, down 10.75% on the day. It was the largest one-day percentage loss since November 9, 2022.

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Commodities & Futures News

Oil prices edge lower after US crude stocks draw, Libya supply risks limit losses

  • 3 months ago
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By Nicole Jao Oil prices edged lower on Wednesday after a smaller-than-expected draw in U.S. crude stockpiles and as concerns over Chinese demand persisted, though losses were capped by supply risks in the Middle East and Libya.

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Commodities & Futures News

Gold prices pulled off record high as dollar recovers amid inflation watch

  • 3 months ago
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Gold prices fell slightly in Asian trade on Wednesday as the dollar recovered from 13-month lows, with focus remaining on key upcoming inflation data for more cues on interest rates.

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Commodities & Futures News

Oil prices fall 2% on economic worries, technical decline

  • 3 months ago
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By Scott DiSavino NEW YORK (Reuters) - Oil prices fell about 2% on Tuesday on worries that slower economic growth in the U.S. and China could reduce demand for energy, especially after prices surged over 7% during the prior three days.

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Commodities & Futures News

Red Sea insurance nearly doubles after attacked oil tanker appears to leak oil

  • 3 months ago
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By Jonathan Saul and Mohammed Ghobari LONDON/ADEN (Reuters) - The cost of insurance for ships sailing through the Red Sea has nearly doubled after Yemen's Houthis attacked a tanker that appears to be leaking oil, with environmental fears growing for trade route, industry sources said on Wednesday.

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Commodities & Futures News

Gold falls on firmer dollar as US data takes spotlight

  • 3 months ago
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By Anushree Ashish Mukherjee (Reuters) - Gold prices dropped about 1% on Wednesday, hurt by a stronger U.S. dollar as investors focused on key inflation data from the world's largest economy for clues on the size of the Federal Reserve's potential interest-rate cut in September.