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WTI trades in negative territory near $77.20 in Wednesday’s Asian session. Less fears of a wider Middle East war and slowing global demand concerns undermine the WTI price. API reported a significant fall in US crude inventories last week. West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $77.20 on Wednesday. WTI…
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ZURICH (Reuters) – UBS reported on Wednesday a net profit of $1.14 billion for the April-June period, the first results since the completion of the bank’s formal legal merger with its one-time rival Credit Suisse. The net profit attributable to shareholders for Switzerland’s largest bank compared with the $528 million forecast by analysts in a…
Indicators GMI: 1/6 GMI-2: 5/9 T2108: 44% QQQ still closed (dotted line) below all blue averages. The next few days should tell us whether an up-trend materializes or the decline resumes. Screenshot The post Blog Post: Day 18 of $QQQ short term down-trend; $QQQ still in a BWR daily down-trend, see chart. first appeared on…
Image source: Getty Images Tech stocks south of the border are feeling the heat as investors are worried about the possibility of a U.S. recession amid rising unemployment rates and slower consumer spending. However, the pullback allows investors to buy the dip and add quality stocks to their equity portfolio in August 2024. Here are…
“As resources committed to benefits decline, resources committed to control must increase.” Joseph Tainter We’re trying to get to the bottom of it. Why do so many policy decisions turn out to be mistakes? Why are the mistakes not random, but always erring in one direction? And what can we expect next? To frame the…