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Investing.com | April 21, 2020
U.S. oil prices hobbled back into positive territory on Tuesday after sinking below $0 for the first time ever, but international benchmark Brent dipped as the global coronavirus crisis severely reduces demand for crude.
U.S. West Texas Intermediate (WTI) crude for May delivery (CLc1) was up $38.99 in thin trade at $1.36 a barrel by 0622 GMT after settling down at a discount of $37.63 a barrel in the previous session.
The May contract expires on Tuesday and the more-active June con...
Goldman | February 28, 2020
Goldman Sachs expects the coronavirus to drive the Federal Reserve to cut U.S. interest rates by 75 basis points by June it said on Friday, implying as many as three cuts starting at its next meeting in March. Traders are pricing in a 72% chance of a quarter-point rate cut at the Fed’s March meeting, according to CME Group’s FedWatch. The central bank’s next policy-setting meeting is March 17-18. It then has one April 28-29 followed by another June 9-10. “Although moderat...
Reuters | March 30, 2020
Global oil benchmark Brent crude plunged to its cheapest in 18 years on Monday, while U.S. crude briefly tumbled below $20 per barrel, on heightened fears that the global coronavirus shutdown could last months and demand for fuel could decline further. The market extended losses after data provider Genscape reported that U.S. stockpiles at Cushing in Oklahoma rose more than 4 million barrels last week, which was the biggest-one week increase in more than 10 years. With Saudi Arabia and Russia se...
BluePi | December 24, 2021
BluePi Solutions, an established player in data-driven solutions, today, announced the partnership with Snowflake, the Data Cloud company, to enable the data insights at scale. This partnership is aimed to serve the financial sector in India, for liberating valued, siloed data and unlocking meaningful insights.
Snowflake recently launched its financial services Data Cloud with more than 600 industry data partners, as well as large customers, such as BlackRock, Capital One an...
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