Market Overview - Page 133

The number of initial claims for the week to 28th of August fell to 340K (new pandemic lows) from 354K the week earlier. The number of continued claims fell by 160K in the week to 21st of August to 2,748K..

US indices little changed on Wednesday, and Asian markets retreated from 5-week highs on mixed US data. Markets and economies are often on opposite sides of the barricades. They sometimes welcome weaker data as it suggests ultra-soft policy remains in.

US oil inventories declined more than expected last week. The EIA report noted a 7.2M barrel drop in commercial inventories, vs -2.5M expected. Often in August-September, with the end of the summer travel season, there is a turning point in.

OPEC and its allies agreed to stick to their existing plan for gradual monthly oil-production increases after a brief video conference. Ministers ratified the 400,000 barrel-a-day supply hike scheduled for October after less than an hour of talks, one of.

The World Health Organization asked world leaders again to hold off on administering Covid-19 boosters for at least another month to give poorer nations the chance to inoculate more of their populations with first doses. More than 5 billion Covid.

Google is edging closer to rolling out its own central processing units, or CPUs, for its Chromebook laptops, according to a report from Nikkei Asia on Wednesday that cites people familiar with the matter. The U.S tech giant reportedly plans.

Covid-19 vaccines are still “stunningly effective” despite fears that immunity may dwindle over time, experts have said. There have been some concerns about the efficacy of Covid-19 vaccines after a number of recent studies indicated a growing number of so-called.

President Joe Biden will unveil a wide-ranging humanitarian and military aid package for Ukraine on Wednesday, during a visit by that country’s president, Volodymyr Zelenskyy, to the White House. The package features $60 million worth of newly designated military aid,.

Inflation in the euro zone rose again in August, ahead of a closely-watched European Central Bank meeting in just over a week’s time. Consumer prices increased by 3% this month from a year ago, according to preliminary estimates published Tuesday,.

The humanitarian crisis in Afghanistan will not end as evacuation flights wind down, the United Nations warned as the U.S. completed its withdrawal from the country. Afghanistan’s tragedy will be less visible once the airlifts end, but the crisis “will.

The private sector in the US slowed down sharply in new hiring. According to ADP calculations, companies created 374k new jobs in August after 326k in July, markedly weaker than the forecast 640k. We, and probably markets too, are already.

Kids and teens under 18 years old in China will only be allowed up to three hours per week to play online video games, according to new rules published Monday by China’s National Press and Publication Administration. The move is.