Oil edged higher. Speculators have increased their net WTI crude oil positions but selling may be looming on weakening trend signals, commodity strategists at TD Securities said. https://www.wsj.com/articles/oil-edges-higher-in-possible-position-adjustment-52c06aa1
Liquidators of the beleaguered China Evergrande Group are in talks with a potential buyer to sell a significant stake in the property giant’s new energy vehicle unit. https://www.wsj.com/articles/evergrande-ev-unit-says-liquidators-in-talks-with-potential-buyer-81446fb1
The bank’s research also says that a portfolio with 40% exposure to commodities would have outperformed a portfolio with 40% bonds by 0.8% per year since 1945. https://www.cnbc.com/2024/05/27/silver-vs-gold-bank-of-america-names-4-attractive-etfs.html
People on board a Dublin-bound plane say they saw crew members ‘hit the roof’ during mid-air ordeal. https://ift.tt/fLExHJ9 May 27, 2024 at 01:55AM
The Hamas-run health ministry in Gaza says 50 people were killed and scores injured. https://ift.tt/ZLx3Buq May 27, 2024 at 02:18AM
It reinvented the luxury watch world. But now the $100 million empire is running out of time. https://www.wsj.com/articles/more-amp-raquo-fa9aa54b
Australia’s S&P/ASX 200 look set to bounce from its end-of-week selloff when the market opens Monday. https://www.wsj.com/articles/australia-shares-shaping-for-opening-bounce-a2b8fed5
An Arizona high school biology teacher had his last week of teaching after becoming exasperated with his students’ constant smartphone usage in the classroom. Sahuaro High School’s Mitchell Rutherford spoke to a local Tucson NBC affiliate early last week, saying that he has done everything he can to try and get his students to break…
The NZD/USD took a breather last week, consolidating in the low 0.61s, but it may only be a matter of time before the cross appreciates once more. https://www.wsj.com/articles/nzd-usds-rally-may-have-further-to-run-d235b277
Hospitals and markets in El Fasher are experiencing “violent artillery shelling”, a resident says. https://ift.tt/H2npfs9 May 26, 2024 at 08:49PM