Oil Heads for Weekly Advance Ahead of Critical US Inflation Data
Oil headed for a narrow weekly gain ahead of US inflation data that will give further clues on the path forward for monetary policy.
Oil headed for a narrow weekly gain ahead of US inflation data that will give further clues on the path forward for monetary policy.
Copper miner Antofagasta Plc is holding meetings with investors this week for its first dollar bond offering in nearly two years, people familiar with the matter said.
The Bank of Japan may raise interest rates three more times even after last month’s historic hike, according to Pacific Investment Management Co.
Stellar earnings reports from Microsoft Corp. and Alphabet Inc triggered an after-hours tech rally that sent US futures higher. A selloff in Treasuries drove benchmark yields to new highs for the year.
Intel Corp., the biggest maker of personal computer processors, tumbled in late trading after giving a lackluster forecast for the current period, indicating that it’s still struggling to return to the top tier of the chip industry.
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