Jason Gammel, head of European oil at Macquarie, tells CNBC why a combination of factors offsetting each other mean Brent oil prices will be very company specific.
Asian shares wiped earlier gains on Friday as a tepid Chinese manufacturing report dented sentiment, leaving investors on tenterhooks ahead of U.S. nonfarm payroll data due later in the day.
U.S. stocks posted strong gains in January, as the Dow Jones Industrial Average continued to trade near an all-time high.
The euro rose to a 14-month high against the dollar, heading for its best month in over a year as signs of recovery in the euro zone's economy set the currency on a bullish trend.
This could be the biggest U.S. bull market of our careers, Richard Bernstein of Richard Bernstein Advisors said at the TDAmeritrade Institutional Conference on Thursday.
Brent crude oil futures rose to three-month highs, widening its premium over U.S. crude, concerns about rising crude stockpiles in the U.S. Midwest prompted heavy trading based on the spread between the two benchmarks.
Stocks fell, as a batch of disappointing corporate earnings and a rise in first time jobless claims eventually overtook investors' impulse to buy.
History shows that when the S&P 500 gains 5 percent or more in January, it's going to be a good year for stocks, with CNBC's Jeff Cox & Ron Insana.
Gold fell nearly one percent on Thursday as investors disappointed by its failure to rally further on the previous day's soft U.S. growth reading cashed in gains.
U.S. Treasuries firmed in Asia on Thursday, with the 10-year yield dipping below the 2 percent mark, after the Federal Reserve stuck to its script that policy support was needed to bring down unemployment.
With the Dow Jones industrial average on track for its best January since 1989 and the S&P 500 off to its fastest start since 1997, one of Wall Street's most-accurate prediction tools, the January Barometer, is flashing a green light for stocks.
European shares pared some of the losses on Thursday, after a series of earnings across the continent weighed on market sentiment.
Asian shares took a breather from recent rallies on Thursday though sentiment was underpinned by the U.S. Federal Reserve's pledge to retain its stimulus policy and on signs of stabilization in the euro zone.
Gold and platinum have been locked in a tight race for the past month, with both trading currently around $1,680 an ounce, prompting the question – which precious metal will win the race to $2,000?
Chinese shares are having their day in the sun, with the benchmark Shanghai stock index trading at an eight-month high on Thursday. The rally, however, may be close to running its course, some analysts say.
A major wave of earnings news Thursday could keep the tug-of-war going between Wall Street's bulls and bears.
Gold rose after data showed the U.S. economy unexpectedly contracted in the fourth quarter, and stayed higher as the Federal Reserve left in place its bond-buying stimulus plan.
Banking analyst Dick Bove may have changed firms but he hasn't altered his rosy view of the banking industry.
The U.S. dollar slid to a fresh 14-month low against the euro after the U.S. Federal Reserve kept interest rates near zero and maintained its bond-buying program to spur economic growth.
U.S. Treasury debt pared prices losses after the Federal Reserve reiterated it will continue its current program of asset purchases until the labor market improves "substantially."
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