United States
OPEC raised its forecast for world economic growth this year to 2.9 percent from 2.8 percent
Traders are currently pricing in a 46 percent chance that the Fed will cut rates twice by the end of the year
Brent Oil Futures expiring in September rose 0.7 percent to $85.74 a barrel
Global physically backed gold exchange-traded funds saw inflows for the second month straight in June
Brent crude futures rose 0.2 percent to $84.84 per barrel
MENA startups raised $116 million in June 2024, bringing H1 total to $882 million
Recent weak U.S. economic data has raised the market's hopes for two interest rate cuts by the end of the year
Brent oil futures for September delivery hovered around $85.72 per barrel
Global average temperatures in the last 12 months reached the highest on record at 0.76 °C above the 1991-2020 average
Unemployment reached a 2.5-year high of 4.1 percent, signaling a softer U.S. labor market
Brent crude futures for September delivery edged up 0.2 percent to $86.67 per barrel
If the non-farm payrolls data declines, investors will likely raise their expectations of a September Fed interest rate cut
Brent crude futures, which have risen 7 percent over the past four weeks, dipped slightly by 2 cents to $87.41 per barrel
Brent crude futures were down 48 cents, or 0.55 percent, at $86.86 a barrel
The dollar index declined 0.06 percent to 105.34, making greenback-priced bullion cheaper for other currency holders
Saxo Bank expects U.S. and European sovereign bond yields to remain range-bound in Q3 2024
Fed Chair Jerome Powell said on Tuesday the U.S. was back on a 'disinflationary path' but policymakers remain cautious
Brent crude futures for September delivery rose 0.2 percent to $86.41 per barrel
This marked the 19th contraction in the manufacturing sector over the last 20 months
Fed chair Jerome Powell's speech later today to provide insight into the U.S. interest rate outlook
Brent crude futures rose 2 percent to $86.41 per barrel
Brent oil futures for September delivery increased 0.3 percent to $85.29 per barrel
U.S. personal consumption expenditures index rose by 2.6 percent in May after a 2.7 percent rise in April
