Wednesday , 17 December 2025

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Oil slips on global growth worries

Bloomberg Oil slipped in New York after its biggest loss in three weeks as concerns lingered that a slowdown in global economic growth will erode fuel consumption. West Texas Intermediate futures were down 0.5 percent near $59 a barrel, after losing 1.6 percent. A closely watched gauge of US Treasuries inverted for the first time since 2007, signalling a recession …

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US stocks extend declines as Treasuries, dollar stabilise

Bloomberg US stocks extended losses as traders remained on edge following Friday’s sell-off. Treasuries and the dollar steadied. Technology and energy shares led declines in the S&P 500 Index, and a rebound in banks fizzled out. Ten-year Treasury yields traded near 2.44 percent after a closely-watched part of the US curve inverted as investors wager the Federal Reserve will need …

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Pound to rally if control of Brexit options gets vote

Bloomberg The pound will rally if lawmakers vote to give themselves a say on what happens next with Brexit, strategists say. Sterling was expected to gain about 1 percent if UK parliament approved a motion to allow votes on Brexit options, said Jeremy Stretch, head of Group-of-10 currency strategy at Canadian Imperial Bank of Commerce. The move would give lawmakers …

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