A mild weather forecast combined with weaker natural gas forwards to cause Southeast US power traders to soften their expectations in December about February bilateral price risk, but energy forwards remained stronger than
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The Pakistani rice market looks set for a strong 2024, carrying over the positive mood from the second half of 2023, although there remains some caution over downside risks from macroeconomic conditions and
Upstream oil and gas activity in Mexico is likely to slow down in 2024 as private companies do not expect new opportunities to arise after a new president is elected in June. Out
General Motors' U.S. vehicle sales increased 14.1% last year to represent the automaker's best year since 2019.
The Federal Reserve's period of policy tightening appears to be over, opening the door to lower borrowing costs in the year ahead.
The JOLTS report showed employment listings nudged lower to 8.79 million, about in line with the Dow Jones estimate for 8.8 million.
U.S. Treasury yields rose on Wednesday as investor attention turned to economic reports due this week that could provide insights into the labor market.
Bitcoin tumbled on Wednesday, giving back all of its gains from the rally earlier this week.
Goldman Sachs upgraded the stock to "neutral," citing the impact on ocean freight rates.
"We're making real progress," Barkin, a voting member this year on the rate-setting Federal Open Market Committee, said in prepared remarks.
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