Category: looms

  • Oil firms evacuating US Gulf of Mexico staff as major hurricane looms By Reuters

    HOUSTON (Reuters) – U.S. oil producers scrambled on Monday to evacuate employees from oil platforms in the Gulf of Mexico as the second major hurricane in two weeks was expected to hit offshore oil fields. A potential tropical cyclone in the Caribbean is expected to rapidly strengthen over the warm…

  • Oil firms evacuating US Gulf of Mexico staff as major hurricane looms By Reuters

    HOUSTON (Reuters) – U.S. oil producers scrambled on Monday to evacuate employees from oil platforms in the Gulf of Mexico as the second major hurricane in two weeks was expected to hit offshore oil fields. A potential tropical cyclone in the Caribbean is expected to rapidly strengthen over the warm…

  • Crisis looms at varsities after talks by State, lecturers collapse

    Talks aimed at averting a nationwide work boycott by university professors and non-teaching staff have collapsed, paving the way for a strike to begin at midnight. The strike was called by the University Academic Staff Union and the Kenya Universities Staff Union. It comes just a week after students called…

  • Major Bitcoin Price Action Looms? Expert Foresees Exciting Weeks Ahead For BTC

    Bitcoin Bitcoin once again failed to break above the $61,000 price level, leading to a drop to around $59,000, sparking speculation about its short-term potential. Despite the negative market trends of the past few weeks, many analysts remain bullish on Bitcoin, predicting a significant rise for the digital asset in…

  • Bitcoin Major Bull Run Looms — Analyst

    With the US economy slowing, many are looking to Bitcoin as the next big safe haven, much like gold did in the 1930s. As US economic data continues to decline, many have begun to speculate on how cryptocurrencies, especially other cryptocurrencies, will impact the global economy. Bitcoinwill react to this…

  • Bitcoin Major Bull Run Looms — Analyst

    With the US economy slowing, many are looking to Bitcoin as the next big safe haven, much like gold did in the 1930s. As US economic data continues to decline, many have begun to speculate on how cryptocurrencies, especially other cryptocurrencies, will impact the global economy. Bitcoinwill react to this…

  • Costly fuel looms on push for bigger oil dealer profits

    Kenyans are set to pay an extra Sh4.45 per litre of fuel if a proposal in a study commissioned by the Energy Regulatory Authority is adopted, raising concerns about pressure on cost-of-living measures. The study by consultants Corrent Technologies and Channel Consulting Limited proposes increasing margins offered to oil marketing…

  • Bullish Alert For Dogecoin: TD Indicator Flashes Buy Signal As $0.10 Target Looms

    The broader cryptocurrency market has seen significant corrections over the past six months, driven primarily by the two largest cryptocurrencies: Bitcoin (BTC) and Ethereum (ETH). Dogecoin (DOGE), the leading cryptocurrency, has not escaped this trend, seeing a significant drop in its value. Dogecoin price faces 55% drop since March high…

  • Dollar eases after hitting highest in almost two weeks, US job data looms By Reuters

    By Stefano Ribaudo and Kevin Buckland TOKYO (Reuters) – The dollar fell on Monday but remained close to its highest in nearly two weeks as investors’ focus turned to a U.S. jobs report due later this week. U.S. payrolls data due on Friday will be crucial after Federal Reserve Chairman…

  • Solana Major Breakout Looms As SOL Sets Sights On $164 Level

    Solana The cryptocurrency has recently shown impressive bullish momentum, with its price steadily rising and now targeting the $164 level. With the cryptocurrency approaching this key resistance level, the focus now turns to whether this uptrend will lead to a major breakout or face resistance. This article aims to provide…

  • Solana Major Breakout Looms As SOL Sets Sights On $164 Level

    Solana The cryptocurrency has recently shown impressive bullish momentum, with its price steadily rising and now targeting the $164 level. With the cryptocurrency approaching this key resistance level, the focus now turns to whether this uptrend will lead to a major breakout or face resistance. This article aims to provide…

  • Gold prices could surge to $2,600 an ounce as us interest rate cut looms

    Gold could rise to $2,600 an ounce after hitting a new record high, as traders increasingly expect the US Federal Reserve to cut interest rates next month. On Sunday, spot gold broke through $2,500 an ounce for the first time, extending a rally that has seen the precious metal rise…

  • CN Rail issues lockout notice to union, Canada-wide freight rail stoppage looms By Reuters

    Written by Promit Mukherjee OTTAWA (Reuters) – Canadian National Railway (TSX:), one of Canada’s two main rail companies, formally notified the Canadian Truck Drivers Union on Sunday that it will begin locking out workers at the union early on Thursday morning. “Unless an immediate and decisive solution to the labour…

  • Dollar hands back some gains; Jackson Hole looms large By Investing.com

    Investing.com – The U.S. dollar fell on Friday, giving up some of the previous session’s big gains after strong retail sales data eased concerns about an impending recession in the United States. At 05:15 ET (09:15 GMT), the dollar index, which tracks the greenback against a basket of six other…

  • US stock futures steady as inflation data looms By Investing.com

    Investing.com – U.S. stock index futures were in a narrow range in overnight trade on Sunday as Wall Street saw some stability after last week’s wild swings, with focus shifting to key inflation data due this week. Wall Street indexes initially posted sharp losses last week, but ended the week…

  • Dollar steady after volatile week; CPI data looms large By Investing.com

    Investing.com – The U.S. dollar was steady on Friday, trading near a one-month high after stronger-than-expected U.S. jobless claims eased fears of an impending recession in the world’s largest economy. At 04:15 ET (09:15 GMT), the dollar index, which tracks the greenback against a basket of six other currencies, was…

  • Bitcoin price may consolidate as $2.2b options expiry looms, analysts warn

    As Bitcoin approached the $70,000 level on Monday morning, analysts at Bitfinex issued a cautionary note, suggesting that the rally could be short-lived due to the imminent expiration of important options. Bitfinex analysts predicted in a note that they expect “potential additional downward pressure” on the price of Bitcoin (BTC)…

  • Bitcoin price may consolidate as $2.2b options expiry looms, analysts warn

    As Bitcoin approached the $70,000 level on Monday morning, analysts at Bitfinex issued a cautionary note, suggesting that the rally could be short-lived due to the imminent expiration of important options. Bitfinex analysts predicted in a note that they expect “potential additional downward pressure” on the price of Bitcoin (BTC)…

  • Toncoin Under Pressure As TON Price Falls Below 100-Day SMA, $6 Looms

    Tonquin (TON) recently saw a significant price drop, as it dropped below its 100-day simple moving average (SMA). This breakout of a crucial technical indicator has put the digital asset under downward pressure, raising concerns among investors and traders. With the $6 level now approaching as a potential target, there…

  • Toncoin Under Pressure As TON Price Falls Below 100-Day SMA, $6 Looms

    Tonquin (TON) recently saw a significant price drop, as it dropped below its 100-day simple moving average (SMA). This breakout of a crucial technical indicator has put the digital asset under downward pressure, raising concerns among investors and traders. With the $6 level now approaching as a potential target, there…