TOKYO (Reuters) – Sony (NYSE:SONY) Group Corp’s shares fell as much as 4.8% on Monday after the Japanese electronics and entertainment conglomerate’s annual profit outlook fell short of market expectations. The company on Friday posted a record operating profit for the year ended March 2023, driven by a robust performance at its music and microchip units. For […]

So, was it just a gap that needed to be filled? Or was it reflective of demand worries ahead of recession winds? Whatever the case, there’s one less uncertainty on the oil market now after last week’s tumble in crude prices that finally filled the gap up open from April 3 forced by OPEC+’s production maneuver. The […]

TOKYO (Reuters) -Oil prices fell on Monday as jitters over the prospect of the U.S. Federal Reserve raising interest rates, which could slow growth and hit fuel demand, and worries about weaker Chinese manufacturing data combined to erase earlier gains. Brent futures for July delivery were down 61 cents, or 0.8%, at $79.72 a barrel […]

There’s a large divergence between the US500 that is at the resistance and AUDUSD just picking up off the support zone. The Fed meeting this week should clarify the picture for the markets.

NATGAS prices surged significantly over the last 20 minutes, however, there is no clear evidence for this rapid spike at the moment. Gas prices may be influenced by information about Russia’s cut in gas exports in 2023, as well as unconfirmed reports of a pipeline explosion in the USA.

US PCE price index y/y: 4,2% vs 4,1% exp. and 5,0% previously US PCE price index m/m: 0,1% vs 0,1% exp and 0,3% previously US Core PCE y/y: 4,6% vs 4,58% exp and 4,6% previously US Core PCE m/m: 0,3% vs 0,3% exp and 0,3% previously US Consumer spending data: 0% vs -0,1% exp and 0,2% […]