©Reuters. Investing.com — Oil prices rose on Friday after wild swings throughout the week as markets weighed in on tightening supply and demand uncertainty, with the focus now shifting squarely to a Federal Reserve meeting next week. Crude oil prices were expected to finish higher this week as new stimulus from China raised hopes that…
LONDON, July 21 (Reuters) – Oil prices crept up on Friday, supported by economic stimulus in slowly recovering China and falling inventories in the US. Brent futures were up 65 cents to $80.29 a barrel by 0817 GMT, while US West Texas Intermediate (WTI) crude was up 64 cents to $76.29 a barrel. Prices closed…
Resume Businesses Anglo American shines after production update Sterling continues to weaken after inflation data FTSE 100 up 0.8%, FTSE 250 down 0.1% Jul 20 (Reuters) – Britain’s blue-chip index hit a new month-high on Thursday, as strong production data from Anglo American and hopes of new stimulus for China’s slowing economy boosted mining stocks….
©Reuters. Investing.com — Oil prices were little moved in Asian trading on Wednesday following strong gains in the previous session, as traders awaited more signals on stimulus spending from major importer China, while official data on US inventories was also expected later in the day. Crude oil prices rose sharply on Tuesday after Chinese officials…
Jul 19 (Reuters) – Global oil prices fell on Wednesday after opening higher at the start of Asian trading as markets weighed US demand concerns against China’s pledge to boost economic growth, tighter Russian supply and dwindling US supplies. Brent futures fell 1 cent to $79.62 a barrel at 0615 GMT, while US West Texas…
A look at the day ahead at Wayne Cole’s European and global markets It could have been worse is about the best that can be said about China’s data dump today. The Q2 GDP figure of +0.8% q/q came in just above expectations, but fell short year-on-year by 6.3%, pointing to revisions sometime in the…
HONG KONG, Jul 11 (Reuters) – Asian stocks rallied on Tuesday and the safe haven dollar fell on Tuesday as investors hoped this week’s US inflation data would support an impending end to rate hikes and welcomed the prospect of China’s economic stimulus to support the stagnation. grow. Markets are awaiting US inflation data expected…
SINGAPORE/LONDON, Jul 10 (Reuters) – The dollar regained ground on Monday, partly recovering from a choppy reaction to Friday data that showed US job growth the weakest in two and a half years, while disappointing inflation data in China weighed on the yuan and proxies. The dollar index, which tracks the greenback against a basket…
In this article GS GSBD Follow your favorite stocksCREATE A FREE ACCOUNT SHANGHAI, CHINA – NOVEMBER 04: Buildings in the Lujiazui financial district are illuminated to celebrate the opening ceremony of the 5th China International Import Expo (CIIE) on November 4, 2022 in Shanghai, China. Vcg | Visual China Group | Getty Images With China’s…
Resume Businesses STOXX 600 set for muted quarter, eyes monthly gains Energy, real estate among top winners US PCE data, Eurozone inflation figures in focus ASML drops the Dutch government’s export restrictions June 30 (Reuters) – European stocks rose on Friday after lackluster data on Chinese manufacturing activity fueled hopes of more policy stimulus as…
Resume Long only managers remain net sellers in China – Morgan Stanley Interest rate cuts on loans too small, market hopes for more CSI300 down 34% from 2021 high HONG KONG, June 23 (Reuters) – Investors are awaiting strong stimulus from China before more aggressively betting on recovery, having been disappointed by economic data and…
(Bloomberg) — Oil rallied more than 3% from a three-month low as China weighed measures to revive the world’s second largest economy. Most read from Bloomberg West Texas Intermediate futures rose above $69 a barrel after three losing sessions. China surprised economists on Tuesday by cutting short-term interest rates, and Beijing is also considering a…