Sweltering heat has raised gas demand in India by as much as 12% from a year ago as some idle power plants have restarted to cater to growing electricity needs, according to a major supplier of the fuel in India’s capital. from Bloomberg Markets https://ift.tt/MsObygY
More NATO allies have approved measures to allow Ukraine to use supplied weapons for attacks on military targets in Russia as the U.S. remains a key and increasingly solitary holdout as pressure mounts to authorize use. “It’s rather unfortunate that with all the atrocities we see in Ukraine, we have not allowed it to use…
Bitcoin was stopped at just over $70,000 earlier this week and has been unable to resume its bullish momentum since then, as it even dipped toward $67,000 yesterday. The alternative coins are also in retreat, with SHIB, DOT, DOGE, PEPE, and WIF losing substantial percentages of their USD value overnight. BTC Shaky at $68K The…
Base metals and gold weakened, weighed by a stronger dollar and rising Treasury yields. https://www.wsj.com/articles/gold-edges-lower-ahead-of-u-s-inflation-data-06e413e8
Oil prices were slightly lower on a stronger dollar and as traders remained on edge ahead of U.S. inflation data and OPEC+’s meeting later this week. https://www.wsj.com/articles/oil-edges-lower-on-cautious-mood-ahead-of-opec-meeting-5ace70bd
S&P 500 ends three-day winning streak, Salesforce plunges on revenue and forecast and Peltz sells entire Disney stake. https://www.cnbc.com/2024/05/30/cnbc-daily-open-dow-drops-nvidia-couldnt-save-nasdaq.html
The court acquitted two other defendants, saying it “cannot be sure” that they were “parties to the scheme”. https://ift.tt/5Sv6CU4 May 30, 2024 at 10:41AM
Ocean, a Bitcoin mining pool backed by Jack Dorsey, announced the launch of an international hub in El Salvador through a new entity. Ocean Mining S.A. de C.V., headquartered in San Salvador, will “continue the advancement of decentralization of Bitcoin mining across the globe,” according to a press release. The company looks towards leveraging the…
South Africa’s rand fell Thursday as initial forecasts for the general election showed a marked decline in support for the ruling African National Congress. from Bloomberg Markets https://ift.tt/kzDtwnh
South Africa’s rand fell Thursday as initial forecasts for the general election showed a marked decline in support for the ruling African National Congress. from Bloomberg Politics https://ift.tt/kzDtwnh