Search Results for: Brent
Interdealer broker to pay $7 Million
December 22nd, 2020
The Commodity Futures Trading Commission announced the U.S. District Court for the Southern District of New York entered a consent order against defendants TFS-ICAP LLC and TFS-ICAP Ltd., interdealer brokers located in New York and London, requiring them to ...
European stocks gain on vaccine hope; dollar slumps
December 17th, 2020
European stocks climbed as authorities said the rollout of a COVID vaccine would begin before the end of the month, potentially giving a boost to the region’s battered economies. The Stoxx Europe 600 Index edged higher, pulled up by ...
Asian stocks slipped; Investors await key earnings results
October 20th, 2020
Asian stocks slipped on Tuesday as investors adjusted risk exposure heading into the U.S. election and ahead of a deadline for Washington to pass an economic stimulus bill, while Europe reported record daily coronavirus infections. MSCI’s broadest index of ...
Asian shares mixed as worries percolate over pandemic; Euro to Dollar weakened
September 23rd, 2020
Markets were mixed in Asia on Wednesday as investors kept a wary eye on how the coronavirus pandemic will affect the economic outlook. Stocks slipped in Japan and Hong Kong but rose in Seoul and Shanghai and jumped more ...
European stocks look headed for positive start
September 14th, 2020
Higher European and U.S. futures following news about resumption of final stage clinical trial of coronavirus vaccine by AstraZeneca point to a firm start for European stocks Monday morning. Oxford University announced on Saturday that it is resuming a ...
World Shares Update: World shares rose slightly on Monday
September 7th, 2020
World shares rose slightly on Monday after losing $2.3 trillion in the last two sessions in a technology stocks led rout as investors reassessed soaring valuations when the global economy is in a coronavirus-induced recession while oil prices dropped. ...
Oil prices boosted by Saudi Arabia pledge to deepen output cut
May 12th, 2020
Oil futures rose on Tuesday, boosted by an unexpected commitment from Saudi Arabia to deepen production cuts in June in a bid to help drain the glut in the global market that has built up as the coronavirus pandemic ...
Dollar slips against commodity currencies; the euro was down against the pound
April 23rd, 2020
The dollar slipped against the currencies of oil-producing states on Thursday, giving up earlier gains as a bounce in crude prices gave succour to markets shaken by the massive coronavirus-induced drop in demand. As Brent crude surged on signs ...
Global stocks move higher ahead of crucial OPEC meeting
April 9th, 2020
Global stocks posted small gains on Thursday on hopes that the coronavirus outbreak may be slowing in the United States and Europe. Oil futures, meanwhile, are rising ahead of a meeting between Russia and OPEC to discuss production cuts. ...
European stocks rise as Chinese factories see coronavirus rebound
March 31st, 2020
European stocks rose on Tuesday after stronger-than-expected industrial data from China raised hopes that the world’s second-largest economy could stage a swift recovery from the coronavirus crisis. The pan-European STOXX 600 index climbed by around 1.9%. London’s FTSE 100 ...