Latest Market News
The American Petroleum Institute on Tuesday afternoon reported that U.S. crude-oil inventories fell 3.48 million barrels last week, a source said, while inventories of distillates dropped 4.46 million barrels and gasoline stocks were down 4.5 million barrels. The Energy Information Administration will release official inventory data on Wednesday morning. Analysts surveyed by S&P Global Platts, […]
Equities Bouncing Off LowsGlobal equities indices are seeing better demand across the European open on Tuesday, following the sales seen yesterday. Traders are digesting the recent round of PMI data releases which came in weaker than expected in China and the US. Growth concerns are back top of the mind this week in light of […]
Credit AgricoleAsia overnight Sentiment was steady as much of Asia returned from holidays. Firm US equities as investors started some dip buying last week helped support sentiment. Pledges by Chinese policymakers last week to help support the economy also continue to help sentiment. Investors remain cautious, however, ahead of a series of central bank meetings […]
The senator spoke about the importance of definitions and weeding out nonviable altcoins for her comprehensive bill on cryptocurrency. 600 Total views 12 Total shares United States Senator Cynthia Lummis appeared on a livestream hosted by Axios on Tuesday to tease the highly awaited bill on cryptocurrency she is authoring. The Wyoming Republican said the […]
Shares of Manitowoc Co. MTW, +0.51% fell more than 5% in the extended session Tuesday after the maker of cranes and other construction equipment reported mixed first-quarter results, beating analyst expectations on revenue, and said demand for cranes continues unabated despite “clear signs of economic slowdown.” Manitowoc said it earned $3.1 million, or 9 cents […]
The Republic of Uzbekistan is preparing to adopt a new crypto regulatory framework including a 7.5% income tax on crypto-related salaries. 990 Total views 16 Total shares The Republic of Uzbekistan continues to progress with local cryptocurrency regulations, with Uzbek President Shavkat Mirziyoyev issuing a new decree regulating the industry. Released on Wednesday, the new […]