European stock markets retreat as investors analyze quarterly earnings reports. Fed set to raise rates, focus on Chair Powell’s comments. Oil prices dip on US inventories rise.
Oil prices climb to three-month highs as signs of tighter supply and Chinese stimulus offset uncertainty over the Federal Reserve meeting.
European stock markets open slightly lower as investors anticipate corporate earnings and updates from the Federal Reserve and European Central Bank.
European stock markets show mixed trends as investors assess corporate earnings, with the tech sector under pressure due to weak cues from Wall Street.
Wall Street closed with mixed results as bank and financial shares slipped during the start of the 2Q23 earnings season.
Economist Peter Schiff anticipates a potential decline in the dollar index, which could result in oil prices surging above $100.
Explore the impact of inflation on the Federal Reserve and their decision to raise interest rates.
