Ines Ferre
Senior Business Reporter at Yahoo Finance
Senior Markets Writer and Reporter at NYSE: ICE
Senior business reporter @YahooFinance. 🔔 Bilingual. Born in Buenos Aires. 🌎
Articles
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1 week ago |
aol.com | Ines Ferre
Oil was on track to close out its third week of gains as traders awaited President Trump's decision on whether the US will directly intervene in the Israel-Iran conflict. West Texas Intermediate futures (CL=F) traded just below $75 per barrel, and Brent crude (BZ=F), the international benchmark, hovered near $76. Oil futures were on pace to close up roughly 3% for the week, extending gains sparked by last Friday’s outbreak of hostilities between Israel and Iran.
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1 week ago |
aol.com | Ines Ferre
Circle (CRCL) stock's massive rally is showing no signs of cooling. The issuer of USDC stablecoins (USDC-USD) soared roughly 15% in morning trading on Friday, extending its stunning post IPO gains as Wall Street bets big on the crypto player. "Circle as a top-tier crypto 'disruptor' with a sizeable future opportunity," wrote Seaport Research Partners analyst Jeff Cantwell in a note on Friday. He said that the company would benefit from an improving regulatory climate in the US.
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1 week ago |
aol.com | Ines Ferre
Circle (CRCL) stock soared as much as 19% on Wednesday after the Senate passed a bill that would establish a federal framework for dollar-backed cryptocurrencies known as stablecoins. Shares of Circle, an issuer of stablecoin, have gained more than 400% since the company's blockbuster public debut on June 5th, as enthusiasm surrounding crypto builds.
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1 week ago |
aol.com | Ines Ferre
Oil is up roughly 8% since the outbreak of the Israel-Iran conflict, with Wall Street warning of further upside risk if Iran—a major oil producer—is destabilized. On Wednesday, West Texas Intermediate futures (CL=F) pared early gains to trade near $74 during a volatile session following the release of government data showing weekly oil stockpiles saw their biggest decline in almost a year. Brent crude (BZ=F), the international benchmark hovered near $75 per barrel.
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1 week ago |
aol.com | Ines Ferre
Central banks around the world are snapping up gold (GC=F) at a record pace while forecasting a pullback in US dollar reserves in the years ahead. According to a survey from the World Gold Council, 95% of central bank respondents expect global gold reserves to rise over the next 12 months. A record 43% said they plan to increase their own holdings during that time.
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RT @YahooFinance: Bitcoin climbs as companies increasingly use tokens to 'hedge against inflation' https://t.co/mYjHLkyz85 by @ines_ferre
RT @YahooFinance: After surge to record highs, gold overtakes 'Magnificent 7' as the most crowded trade on Wall Street https://t.co/x9r25Hg…
RT @YahooFinance: Trump again calls on 'slow moving' Fed to cut rates as markets continue tumble https://t.co/ljzGuGhaUd by @ines_ferre
