GALVESTON, Texas (Reuters) – Hurricane Hanna winds hit the southern Texas coast early Sunday morning, leaving thousands of people without power before it was downgraded to a tropical storm that was still threatening flash flooding in the area that is already had been severely affected by COVID-19 infections. FILE PHOTO: …
Read More »GLOBAL MARKETS-Euro, gold on the rise when the dollar breaks down
* Asian Stock Markets: tmsnrt.rs/2zpUAr4 * Euro almost higher since late 2018 when dollar sinks * Gold nears record peak amid COVID uncertainty * Asia shares rally breaks over Sino-US tensions By Wayne Cole SYDNEY, Jul 24 (Reuters) – Financial markets greeted a series of milestones on Friday as the …
Read More »GLOBAL MARKETS: Shares drop as closure of China’s consulate fuels Sino-US tensions
* MSCI Asia ex-Japan -0.3%; Nikkei futures drop 0.6% * Investors fear further escalation of tensions between the United States and China * A global stimulus is observed that provides structural support for risky assets – Saxo * Trump says closure of other consulates is possible * Asian Stock Markets: …
Read More »The United States and China enter a new cold war: Kemp
LONDON (Reuters) – The abrupt closure of the Chinese consulate in Houston marks the latest incident in a rapidly escalating conflict between China and the United States. FILE PHOTO: The flags of China, the United States, and the Chinese Communist Party are displayed at a flag stand at the Yiwu …
Read More »Oil prices rise more than 3% to a maximum of four months as the EU agrees on the stimulus package
Oil futures rose sharply on Tuesday, setting prices for their biggest settlement since early March, as markets become more positive about the world’s ability to tackle the COVID-19 pandemic that has crushed oil demand. and its by-products. A landmark stimulus package forged by the 27-nation European Union after marathon negotiations …
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