More correlation between stocks and oil

Crude oil is now influenced more by the stock market than by its own inventory levels or demand patterns. Lately, that lockstep has reached an extreme, with the

Read More

US Jobless Claims Rise Unexpectedly

WASHINGTON: The number of Americans filing new claims for jobless benefits jumped unexpectedly last week to the highest level in six months, the government said on Thursday, adding

Read More

Fed kept rates unchanged

As expected, the Fed kept its benchmark rates unchanged and adopted a more dovish tone in its press release by downgraded its US economic outlook The phrase “for

Read More