Real-time Financial News

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2024-10-02 Wednesday
  • 00:05:00

    Republicans in the U.S. House of Representatives will meet in ten minutes to reach consensus on the election of speaker.

  • 00:03:16

    G7 Communiqué: We will explore how any additional revenues derived directly from private entities holding frozen Russian assets can be used for the reconstruction of Ukraine.

  • 23:46:30

    Israeli opposition leader Lapid says he will not join an emergency government formed over the ongoing conflict with Hamas.

  • 23:28:17

    U.S. 2- to 7-year Treasury bond yields rose 10 basis points on the day.

  • 23:26:45

    [Palestinian President Meets with Jordanian King] On October 12, local time, Jordanian King Abdullah II and Palestinian President Mahmoud Abbas met in the Jordanian capital Amman. Both sides emphasized the need to stop the Gaza Strip and the Jordan River The situation in the West Bank has escalated. King Abdullah II of Jordan reiterated that only by achieving a comprehensive and just peace based on the "two-state solution" can regional security and stability be achieved. He said Jordan was intensifying efforts with the regional and international levels to discuss urgent international action to stop the escalation of the situation. He also said Jordan would provide emergency humanitarian and medical assistance to the Gaza Strip.

  • 23:24:33

    S&P Global Market Intelligence data shows that the cost of insuring Israeli debt against default reached 109 basis points, the highest level since November 2013.

  • 23:23:11

    The U.S. 5-year Treasury bond yield rose 10 basis points to 4.68% during the day.

  • 23:18:01

    Palestinian Prime Minister: We are working with Egypt to open channels to provide humanitarian aid, and with the international community to immediately end the "crimes" of Israeli troops and settlers.

  • 23:14:57

    Minutes of the Bank of Mexico meeting: A member said the Bank of Mexico must avoid cutting interest rates too early or too quickly; although the inflation process has made progress, the rate of decline has slowed.

  • 23:12:23

    Spot palladium fell more than 2.00% during the day and is currently trading at $1,147.60 per ounce.

  • 23:09:26

    IMF President Georgieva: Zambia has signed a memorandum of understanding with its creditors.

  • 23:08:05

    European benchmark natural gas prices rose as much as 15% to 53.19 euros per megawatt hour.

  • 23:04:16

    U.S. and Burundi oil prices both rose by $0.4 in the short term, now trading at $83.58/barrel and $86.57/barrel respectively.

  • 23:02:08

    EIA report: U.S. crude oil exports decreased by 1.889 million barrels per day in the week of October 6 to 3.067 million barrels per day.

  • 23:02:04

    EIA crude oil inventories in the United States recorded 10.176 million barrels in the week to October 6, a new high since the week of February 10, 2023.

  • 23:02:00

    EIA report: In the week of October 6, the United States imported 6.329 million barrels/day of commercial crude oil excluding strategic reserves, an increase of 114,000 barrels/day from the previous week.

  • 23:01:44

    EIA report: U.S. domestic crude oil production increased by 300,000 barrels in the week of October 6 to 13.20 million barrels per day.

  • 23:01:38

    EIA report: The four-week average supply of U.S. crude oil products was 19.969 million barrels per day, an increase of 0.09% from the same period last year.

  • 23:01:31

    EIA report: Commercial crude oil inventories excluding strategic reserves increased by 10.176 million barrels to 424 million barrels, an increase of 2.46%.

  • 23:01:11

    EIA report: The U.S. Strategic Petroleum Reserve (SPR) inventory decreased by 6,000 barrels to 351.3 million barrels in the week of October 6, a decrease of 0.0%.

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