$API
Agora Inc
PRICE
$3.51 β²2.332%
Extented Hours
VOLUME
535,390
DAY RANGE
3.3704 - 3.56
52 WEEK
2.5 - 11.56
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@trademaster #TradeHouses
By Peter Nurse Investing.com - European stock markets are expected to open higher Tuesday as signs of confidence returning to the banking sector emerge ahead of the start of the latest Federal Reserve policy-setting meeting. At 03:00 ET (07:00 GMT), the DAX futures contract in Germany traded 1.1% higher, CAC 40 futures in France climbed 0.6% and the FTSE 100 futures contract in the U.K. rose 0.5%. Investors have taken some heart from the rescue of troubled lender Credit Suisse (SIX:CSGN) by its Swiss rival UBS (SIX:UBSG), with UBSβs shares closing trade on Monday higher after sharp early losses were pared by the end of the day. There remain concerns about the risk of shockwaves on smaller U.S. banks, as well as potential ructions in the bond markets after the losses imposed on Credit Suisseβs junior bondholders. Attention is now on this week's meeting of the Federal Reserve, with its two-day get-together starting later this session. The turmoil in the banking sector has created a degree of uncertainty over whether the U.S. central bank will continue to lift interest rates to fight elevated inflation. European Central Bank President Christine Lagarde implied on Monday that the current financial market disorder could mean that the central bank can stop hiking interest rates earlier than previously expected. "Clearly financial stability tensions might have an impact on demand and might actually do part of the work that would otherwise be done by monetary policy and interest rate hikes," Lagarde told European lawmakers. The ECB raised its benchmark interest rates by 50 basis points to 3% last week, and Lagarde reaffirmed that the inflation outlook alone would warrant more rate hikes. The main economic release due Tuesday will be Germanyβs ZEW survey of economic sentiment for March, which is expected to show a drop to 17.1 from 28.1. In corporate news, RWE (ETR:RWEG) will be in the spotlight after Germany's largest utility announced plans to increase its dividend even as it expects operating profit to fall in 2023, citing lower margins at its gas-fired power plans. Oil prices fell Tuesday as market confidence remained frail after a week of turmoil in the banking sector and ahead of a Federal Reserve interest rate decision this week. The American Petroleum Institute is scheduled to release its estimate of U.S. crude inventories later in the session. They rose by just over 1 million barrels last week, resuming their climb after a one-week decline, The API numbers serve as a precursor to official inventory data on the same due from the U.S. Energy Information Administration on Wednesday. By 03:00 ET, U.S. crude futures traded 0.6% lower at $67.44 a barrel, while the Brent contract dropped 0.6% to $73.36. Additionally, gold futures fell 0.1% to $1,980.00/oz, while EUR/USD traded 0.1% lower at 1.0708.
56 Replies 6 π 14 π₯
@trademaster #TradeHouses
By Shadia Nasralla LONDON (Reuters) -Oil prices firmed on Thursday after Brent crude posted its biggest one-day loss for seven weeks in the previous session, with gains on Russian supply curbs capped by an expected rise in U.S. inventories. Brent crude futures rose 84 cents, or 1%, to $81.44 a barrel by 1248 GMT, compared with about $98 a barrel on the eve of Russia's invasion of Ukraine a year ago. West Texas Intermediate crude futures (WTI) advanced 80 cents, or 1.1%, to $74.75 after six sessions of losses. Lending support to prices, Russia plans to cut oil exports from its western ports by up to 25% in March, exceeding its announced production cuts of 500,000 barrels per day. Both oil benchmarks lost more than $2 in the previous session on expectations of further increases to interest rates. Minutes from the latest U.S. Federal Reserve meeting on Wednesday showed that a majority of Fed officials agreed that the risks of high inflation warranted further rate hikes. The policymakers also suggested that a shift to smaller increases would let them calibrate more closely with incoming data. The dollar, meanwhile, has strengthened against a basket of other currencies in recent weeks, making oil more expensive for holders of other currencies. Oil price gains were also kept in check by signs of further crude inventory builds. U.S. crude oil and fuel inventories rose by 9.9 million barrels last week, according to market sources citing American Petroleum Institute figures. U.S. oil inventories have climbed every week since mid-December, stoking worries about demand. [API/S] A Reuters poll had forecast a 2.1 million barrel increase in crude stockpiles last week. Official data from the U.S. Energy Information Administration is due at 1600 GMT. While a stronger dollar remains a near-term headwind for crude, we expect lower Russian production and China's reopening to tighten the oil market and support prices, UBS analysts said.
135 Replies 14 π 10 π₯
@trademaster #TradeHouses
By Laura Sanicola and Muyu Xu (Reuters) -Oil edged up on Thursday after Brent crude posted its biggest single-day loss in seven weeks the day before, as market players reassess positions after the U.S. Federal Reserve stoked worries about the economy by suggesting further rate hikes ahead. Brent crude futures rose 37 cents, or 0.5%, to $80.97 per barrel by 0533 GMT. West Texas Intermediate crude futures (WTI) advanced 32 cents, or 0.4%, to $74.27 a barrel. Both benchmarks lost more than $2 in the previous trading day on expectations of more aggressive interest rate increases. Minutes from the latest U.S. Federal Reserve meeting on Wednesday showed that a majority of Fed officials agreed the risks of high inflation remained a key factor shaping monetary policy and warranted continued rate hikes until it was controlled. The policymakers also suggested that a shift to smaller hikes would let them calibrate more closely with incoming data. Investors are recalibrating the energy market, weighing the prospects for China's reviving demand and tepid consumption in the U.S. and other advanced economies, analysts from Haitong Futures said. Lending some support to oil prices, Russia plans to cut oil exports from its western ports by up to 25% in March versus February, exceeding its announced production cuts of 500,000 barrels per day. The dollar index inched down by 0.1% to 104.39 on Thursday, making oil slightly cheaper for those holding other currencies. But oil's price gains were limited by signs of further crude inventory builds. U.S. crude oil and fuel inventories rose by 9.9 million barrels last week, according to market sources citing American Petroleum Institute figures on Wednesday. U.S. oil inventories have climbed every week since mid-December, stoking investor worries about demand. [API/S] A Reuters poll had forecast a 2.1 million barrel increase in crude stockpiles last week. Official data from the U.S. Energy Information Administration is due on Thursday at 1600 GMT.
48 Replies 13 π 12 π₯
@trademaster #TradeHouses
By Alex Lawler LONDON (Reuters) - Oil prices dropped for a second day on Wednesday on signs of ample U.S. supplies and expectations of further interest rate hikes, though forecasts of higher 2023 demand growth and a potentially tighter market limited losses. U.S. crude stocks rose by a more than forecast 10.5 million barrels, according to market sources citing American Petroleum Institute (API) figures ahead of official Energy Information Administration (EIA) data at 1530 GMT. "Simply put, the U.S. is swimming in oil," said Stephen Brennock of oil broker PVM. Brent crude futures fell 59 cents, or 0.7%, to $84.99 a barrel by 1432 GMT after dropping by more than $1 in earlier trading. U.S. West Texas Intermediate (WTI) crude slipped 64 cents, or 0.8%, to $78.42. U.S. inflation data and remarks by central bank officials that have been perceived as indications that interest rates will go higher for longer also weighed on the market. Federal Reserve officials on Tuesday said that the U.S. central bank will need to maintain gradual increases to interest rates to beat inflation and suggested that price pressures driven by a hot jobs market could push borrowing costs higher than previously expected. Also applying downward pressure on crude was the announcement this week that the United States would sell 26 million barrels of oil from the nation's strategic reserve, which is already at its lowest level in about four decades. Lending some support was Wednesday's report from the International Energy Agency (IEA), which raised its forecast for 2023 oil demand growth and said that restrained OPEC+ production could bring a supply deficit in the second half. The IEA said that about 1 million barrels per day (bpd) of production from OPEC+ member Russia will be shut in by the end of the first quarter, citing a European ban on seaborne imports and a G7 price cap over the invasion of Ukraine. On Tuesday the Organization of the Petroleum Exporting Countries (OPEC) also raised its projection for global oil demand growth and pointed to a tighter market in 2023.
149 Replies 14 π 9 π₯
@heikin_friends #decarolis
Petrolio prende liquidità aggiorna i mimimi di ieri e parte a rialzo sul grafico intraday a 15 minuti è asplicito come abbia reagito dal -1 % giornaliero lo ha appena toccato e subito ha avuto reazione , stessa identica cosa ha fatto sul grafico settimanale il quale ha confermato la candela verde WHA ha toccato il -1% settimanale e ha avuto reazione per chi lavora i punti percentuali è stato un calcio di rigore a porta vuota entrare a prezzi migliori con stop strettissimo o persino glia posizionarlo a zero, stà facendo fatica a violare la resistenza dei 81.60 $ anche perchè non arriva benzina dal fronte notizie oggi dati API Report alle 22:30 domani dati sulle scorte e questo potrebbe dare linfa ai rialzisti ricordo che la settimana scorsa si è avuto un consumo superiore ai 10 M rispetto a due settimane fà quindi abbassando le stime tra offerta e domanda
85 Replies 10 π 6 π₯
@IlarioS30 #decarolis
Che una AI non riesca a fare bene tutto il lavoro del buon @Alpha Γ¨ un sollievo per ora... π Ci si potrebbe accontentare anche di qualcosa di automatico perΓ² se fosse possibile per non far fare un lavoraccio ad @Alpha. Dai @Renato chiedi a EchoFin e OpenAI magari ci danno una API che possa funzionare! π
52 Replies 14 π 14 π₯
@trademaster #TradeHouses
By Emily Chow KUALA LUMPUR (Reuters) -Oil futures fell by nearly $1 on Thursday, extending losses from the previous day, as a surprise jump in U.S. crude stocks weighed on the market along with fears of a recession that were heightened by disappointing U.S. retail sales and output data. Brent crude futures were last down 84 cents, or 1%, to $84.14 a barrel at 0710 GMT, after earlier easing to $83.76. U.S. West Texas Intermediate (WTI) crude futures also declined 91 cents, or 1.1%, to $78.57 a barrel. It earlier fell to a low of $78.13. "The deterioration in U.S. economic data darkened the (oil) demand outlook as recession fears mount again. Risk-off sentiment has sent growth-sensitive commodities down," said Tina Teng, an analyst at CMC Markets, adding that profit-taking could have played a part also. U.S. December retail sales fell by the most in a year, while manufacturing output recorded its biggest drop in nearly two years, as higher borrowing costs hurt demand for goods. Still, Federal Reserve officials said interest rates needed to rise beyond 5% even as inflation shows signs of having peaked and economic activity is slowing. "This raised the spectre of a recession, with risk appetite suffering as a consequence," ANZ Research analysts said in a client note. Adding to the pall, data from the American Petroleum Institute showed U.S. crude oil inventories rose by about 7.6 million barrels in the week ended Jan. 13, according to market sources. The mean average forecast from a Reuters' poll of nine analysts had been for a fall of about 600,000 barrels. The big build marked the second consecutive week of large inventory increases. However, distillate stockpiles, which include diesel and heating oil, fell by about 1.8 million barrels against analysts' expectations for a 120,000-barrel increase. The API report was delayed by a day due to Monday's Martin Luther King Day public holiday in the United States. The government's Energy Information Administration will release its weekly inventory report on Thursday. With aggressive rate hikes still on the cards, the U.S. dollar climbed, weighing on oil demand as a stronger greenback makes the commodity more expensive for those holding other currencies.
131 Replies 11 π 6 π₯
Key Metrics
Market Cap
37.67 M
Beta
1.68
Avg. Volume
627.90 K
Shares Outstanding
10.98 M
Yield
0%
Public Float
0
Next Earnings Date
2023-05-22
Next Dividend Date
Company Information
Agoraβs mission is to make real-time engagement ubiquitous, allowing everyone to interact with anyone, in any app, anytime and anywhere. Agoraβs cloud platform provides developers simple, flexible and powerful application programming interfaces, or APIs, to embed real-time video and voice engagement functionalities into their applications. Agora maintains dual headquarters in Shanghai, China and Santa Clara, California.
CEO: Bin Zhao
Website: agora.io/en
HQ: ,
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