02-01-2024
Oil traders are, for now, looking past rising tensions in the Red Sea. But there is "clear and present danger" of a wider conflict involving Iran, a top Wall Street commodities analyst warned in a note Tuesday.
02-01-2024
The overnight U.S. financing rate, which soared to a record high of 5.4% last Thursday ahead of year-end, is likely to remain elevated over the next few weeks because of robust demand for funding, according to strategist Joseph Abate of Barclays.
02-01-2024
Bitcoin could reach an all-time high in 2024 and may end the year at around $80,000, according to analysts at AllianceBernstein.