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LATEST

‘Winter panic’: EU gas stores at their lowest level in 13 years●Meta’s $18 billion settlement puts TikTok and YouTube on notice. Who's next on the firing line?●Amazon’s bestselling 12-pack of driveway solar lights is just $27●The US will control 55% of output from the new oil company in Venezuela●Bitcoin wallets untouched for 10 years moved $40 million. Most avoided exchanges●Investors heartened by Warsh inflation talk, still uncertain about Fed action●Why Accra is emerging as West Africa’s preferred real estate & tourism destination●Wall Street Week Ahead: Jobs report, Broadcom results pose next hurdles for stock market rally●‘Winter panic’: EU gas stores at their lowest level in 13 years●Meta’s $18 billion settlement puts TikTok and YouTube on notice. Who's next on the firing line?●Amazon’s bestselling 12-pack of driveway solar lights is just $27●The US will control 55% of output from the new oil company in Venezuela●Bitcoin wallets untouched for 10 years moved $40 million. Most avoided exchanges●Investors heartened by Warsh inflation talk, still uncertain about Fed action●Why Accra is emerging as West Africa’s preferred real estate & tourism destination●Wall Street Week Ahead: Jobs report, Broadcom results pose next hurdles for stock market rally●

Asia

Oil settles lower on clues about Fed policy, rumors of Hormuz deal

Markets-Economic Times · 1h ago · 🇮🇳 India

Oil settles lower on clues about Fed policy, rumors of Hormuz deal

On Friday, oil prices dipped, driven by signals from the Federal Reserve and circulating rumors regarding the Strait of Hormuz. Market traders assessed the possibility of rate hikes by the U.S. Federal Reserve aimed at battling inflation. Additionally, talks of a potential agreement to reopen the Strait influenced the market dynamics, which were affected by inconsistent oil flows, as U.S. officials addressed Venezuelan crude reserves.

Read the full story at Markets-Economic Times →

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Warsh Jackson Hole Speech Lifts September Fed Rate Hike Odds to 57 Percent

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Gold falls 3 percent as Fed Chair Warsh signals potential September rate hike

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