Notizia

(Reuters) -A government report Friday showing the U.S. labor market is still running strong appeared to ratify the Federal Reserve's decision this week to tighten monetary policy, but traders continued to bet the central bank's next move will be an interest-rate cut.

LONDON (Reuters) -Oil prices jumped on Friday but were set for a third straight week of losses after dramatic drops on fears over the economic impact of interest rate hikes and slowing Chinese demand.

Traders of futures contracts tied to the Federal Reserve's policy rate pared bets Friday that the U.S. central bank will soon turn to cutting interest rates, after the government reported employers added more jobs than expected in April and the unemployment rate fell.

(Reuters) -Warner Bros Discovery Inc posted a quarterly loss on Friday on costs tied to its 2022 merger, taking the shine off the first profit for its streaming business and sending the company's shares down 5%.

LONDON (Reuters) -Oil prices rose on Friday but were poised for a third straight week of losses after markets registered dramatic drops on fears of a weakening U.S. economy and slowing Chinese demand.

Warner Bros Discovery Inc said on Friday its streaming business turned a profit in the first quarter, a milestone for a division that had been losing money in its bid to gain subscribers and a foothold in the industry's digital future.

Global gold demand fell in the first three months of 2023 as large purchases by central banks and Chinese consumers were offset by reduced investor buying, the World Gold Council (WGC) said on Friday.

Oil prices rose in Asian trade on Friday, but were poised for a third straight week of losses after markets witnessed dramatic drops on fears of a weakening U.S. economy and slowing Chinese demand.

(Reuters) -Oil prices rose slightly in Asian morning trade on Friday, but were set for a third straight week of losses after markets witnessed dramatic drops on fears of a weakening U.S. economy and slowing Chinese demand.