Search Results for: oil prices
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. ...
The crisis goes up a gear
June 22nd, 2020
Dollar-denominated financial markets appeared to suffer a dramatic change on or about the 23 March. This article examines the possibility that it marks the beginning of the end for the Fed’s dollar. At this stage of an evolving economic ...
MMT —it’s just neo-Keynesian macroeconomics
June 12th, 2020
The doyenne of MMT, Stephanie Kelton, has published a book this week explaining modern monetary theory. This article examines the foundations of MMT which Kelton explained in an earlier video released last year. Introduction Macroeconomics has become so ...
European shares gain on hopes of easing in lockdown measures
April 22nd, 2020
European stock markets edged higher on Wednesday as Italy looked set to relax sweeping restrictions to contain the coronavirus, with investors remaining cautious about a swift recovery after more companies issued worrying financial forecasts. The pan-European STOXX 600 index ...
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. ...
The US Dollar has risen in value this year
April 7th, 2020
The COVID-19 outbreak in the United States has caused millions of people to lose their jobs and brought the economy to its knees but it has not dethroned the American dollar. To the contrary, the currency has risen in ...
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 ...
The dollar rises against major currencies and riskier emerging markets
March 30th, 2020
The dollar snapped a week of declines on Monday, rising against major currencies and riskier emerging markets as investors braced for a prolonged period of uncertainty while governments tightened lockdowns to fight the coronavirus. China’s offshore yuan fell after ...
Cryptocurrency value rises over $14 billion in 24 hours as bitcoin rallies 10%
March 24th, 2020
Cryptocurrency prices rallied on Tuesday even as equity markets continue to come under pressure due to coronavirus fears weighing on investors’ sentiment. Bitcoin was up over 10% from 24 hours previously, trading at $6,569.17 at around 11:57 a.m. Singapore ...
