- Country: United States
Copper Gains as US Jobs Data Offers Relief on Fed Tightening
Copper rose for a second session after a US employment report eased pressure on the Federal Reserve to raise interest rates.
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- Country: United States
G7 Fuel Release Offers Temporary Price Relief
Bloomberg Mideast Energy Correspondent Anthony Di Paola tells Bloomberg This Weekend that the G7’s 100 million-barrel emergency release is already pushing fuel prices lower but is likely to provide only temporary relief as refinery constraints and Middle East disruptions keep diesel supplies tight.…
- Country: India
Bihar Man Dies After Flood Relief Packet Dropped From Helicopter Hits Him
The body has been sent to a hospital for post-mortem
- Country: United States
Bond Yields Pull Back After A Weak Jobs Report. Options Traders Had Already Started Positioning For Relief.
Large options positions suggest some traders had begun positioning for lower rates after the 10-year Treasury yield climbed above 5.3%.
- Country: United States
EM Assets Find Relief as US Jobs Data Eases Rate Fears
An index tracking emerging-market currencies climbed to a session high after weaker-than-expected US jobs data prompted traders to scale back bets on another Federal Reserve interest-rate hike this month. Nonfarm payrolls increased by 29,000 in September after downward revisions to the prior two…
- Country: Nigeria
Gold Finds Relief Above $4,223 As US Hiring Stumbles
Gold climbed above $4,223 an ounce on Friday, October 2, as disappointing US hiring figures eased fears of another interest-rate increase, giving the metal some relief after a difficult week. The post Gold Finds Relief Above $4,223 As US Hiring Stumbles appeared first on THEWILL NEWS MEDIA .
- Country: Russia
Kremlin Denies Talks on Freeing Political Prisoners for U.S. Sanctions Relief
Top spokesman Dmitry Peskov said Moscow “categorically denies the existence of any political prisoners” in Russian jails.