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Commodities
WTI falls below $72.50 following a sharp rise in US crude inventories
West Texas Intermediate (WTI) Oil price snaps a three-day winning streak, trading around $72.40 per barrel during European hours on Wednesday.
WTI
Fxstreet
Wed, Feb 12
Forex
USD/JPY: Has a chance to rise further to 153.65 – UOB Group
US Dollar (USD) could rise further to 153.65; the major resistance at 154.30 is unlikely to come under threat.
USD/JPY
Fxstreet
Wed, Feb 12
Stocks
Mark Zuckerberg Just Made 3 Startling AI Predictions. Should You Buy Meta Stock Before They Come True?
You may think of social media when you think of Meta Platforms (NASDAQ: META). After all, the company owns some of the most popular apps in the space, from Facebook and Messenger to WhatsApp and Instagram. But Meta isn't just about social media.The company has made it clear that it aims to win in th...
The Motley Fool
Wed, Feb 12
Stocks
Here's the Smartest Way to Invest in the S&P 500 in February
Do you want to be "in the market" but know you don't want the hassle of picking and monitoring individual stocks? You're not alone. Managing a portfolio of stocks isn't everyone's cup of tea. It may also not be your optimal way of building wealth anyway, if the subpar stock-picking performance of mo...
The Motley Fool
Wed, Feb 12
Commodities
Japan offers to buy 123,979 tons of food wheat via tender
TOKYO, Feb 12 (Reuters) - Japan's Ministry of Agriculture, Forestry and Fisheries (MAFF) is seeking to buy a total of 123,979 metric tons of food-quality wheat from the U.S., Canada and Australia in a regular tender that will close late on Thursday.Japan, the world's sixth-biggest wheat impo...
Reuters
Wed, Feb 12
Stocks
Is Boeing Stock a Buy Now?
Despite a miserable 2024, Boeing (NYSE: BA) stock has quietly run up 23.5% over the last three months. Is the start of an ongoing move upward or merely a recovery from an oversold position? Here's a look at Boeing's prospects in light of the company's recent fourth-quarter earnings report.Boeing's m...
The Motley Fool
Wed, Feb 12
Commodities
Iron ore gains on supply woes – ING
Iron ore has jumped to the highest level since October 2024 with prices approaching $108/t this morning as a tropical cyclone in Australia raised concerns about supply disruptions.
Fxstreet
Wed, Feb 12
Commodities
Austria's voestalpine calls on EU for steel tariff countermeasures, talks with US
Feb 12 (Reuters) - Austrian speciality steelmaker voestalpine VOES.VI on Wednesday called on the European Union for immediate countermeasures and negotiations with the U.S. regarding the recent steel tariffs.The comment, seen in a media presentation published ahead of voestalpine's post-earnings...
Reuters
Wed, Feb 12
Other
Travel resale platform looks to help insurers "salvage" cancelled holidays
By Henry GaleFeb 11 - (The Insurer) - Travel resale platform Transfer Travel has appointed Carl Carter as strategic adviser to spearhead its expansion into insurance.The company, which has been dubbed the "eBay for travel", allows people to resell non-refundable holiday bookings. Its planned...
Reuters
Wed, Feb 12
Forex
NZD/USD: Likely to trade in a 0.5640/0.5675 range – UOB Group
New Zealand Dollar (NZD) is likely to trade in a 0.5640/0.5675 range.
NZD/USD
Fxstreet
Wed, Feb 12
Economic Indicator
Italy Industrial Output s.a. (MoM) below forecasts (-0.2%) in December: Actual (-3.1%)
Italy Industrial Output s.a. (MoM) below forecasts (-0.2%) in December: Actual (-3.1%)
Fxstreet
Wed, Feb 12
Economic Indicator
Italy Industrial Output w.d.a (YoY) down to -7.1% in December from previous -1.5%
Italy Industrial Output w.d.a (YoY) down to -7.1% in December from previous -1.5%
Fxstreet
Wed, Feb 12
Forex
BUZZ-COMMENT-Record German trade surplus vs US keeps EUR/USD on edge
Feb 12 (Reuters) - The news that Germany's trade surplus with the United States rose to a record high last year raises the risk of an aggressive tariff response from U.S. President Donald Trump, which could weigh on EUR/USD.Data published on Tuesday showed Germany's trade surplus with the U....
Reuters
Wed, Feb 12
Commodities
Silver Price Analysis: XAG/USD bulls have the upper hand while above 100-day SMA support
Silver (XAG/USD) struggles to capitalize on the previous day's goodish rebound from the $31.25 area, or over a one-week low, and oscillates in a narrow band through the first half of the European session on Wednesday.
Silver
Fxstreet
Wed, Feb 12
Commodities
Ukrainian drones hit city near Zaporizhzhia nuclear plant, Russian-installed official says
MOSCOW, Feb 12 (Reuters) - Ukrainian forces launched a drone attack on Wednesday on the city of Enerhodar near the Russian-held Zaporizhzhia nuclear power plant in southern Ukraine, the Moscow-installed regioanl governor said.The drones hit a car park roughly 300 metres (0.2 miles) from one of the p...
Reuters
Wed, Feb 12
Other
BRIEF-Softbank Group CFO Goto - We Plan To Raise The Funding For The Stargate Project Mainly Through Project Finance
Feb 12 (Reuters) - SoftBank Group Corp 9984.T:SOFTBANK GROUP CFO GOTO: WE PLAN TO RAISE THE FUNDING FOR THE STARGATE PROJECT MAINLY THROUGH PROJECT FINANCESOFTBANK GROUP CFO GOTO: THE TOTAL SIZE OF INVESTMENT FOR THE PROJECT IS LARGE BUT THE AMOUNT PUT UP THROUGH EQUITY IS LIMITEDSOFTBANK GROUP CF...
Reuters
Wed, Feb 12
Forex
RPT-BUZZ-COMMENT-US CPI risks lean towards a stronger print
Repeats with no changes (originally posted Feb 10Feb 12 (Reuters) - While U.S. tariff updates continue to grab the headlines, market moves have been somewhat contained which gives the impression that we may be seeing tariff fatigue setting in. Despite this, however, the impact should continue to fav...
Reuters
Wed, Feb 12
Stocks
Prediction: Nvidia Stock Is Going to Surge After Feb. 26
Since the beginning of 2023, Nvidia (NASDAQ: NVDA) has added a whopping $2.8 trillion to its market capitalization on the back of soaring demand for its data center chips, which are the gold standard for developing artificial intelligence (AI). At the same time, Nvidia stock is trading down 11% from...
The Motley Fool
Wed, Feb 12
Forex
Iron ore rebounds on Australian supply woes, Chinese demand outlook
Updates market at closeBy Amy Lv and Michele Pek BEIJING, Feb 12 (Reuters) - Iron ore futures rebounded on Wednesday as investors shifted focus to concerns over potential supply disruptions from major producer Australia and the prospect of growing demand in top consumer China.Prices slid by more ...
Reuters
Wed, Feb 12
Forex
REFILE-BUZZ-COMMENT-Norway's crown stepping into a minefield
Adds tagFeb 12 (Reuters) - As the NOK appears to be turning lower following a three-week rally to key resistance, several factors and events could begin to stack up against it. EUR/NOK peaked at 11.8260 in January and the pullback reached the 100-week moving average at 11.6020. The long-term average...
Reuters
Wed, Feb 12
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