LONDON (Reuters) – European stocks rose on Monday as industrial activity in China picked up, another sign of recovery from the coronavirus pandemic that added hope that the world economy would return to health as well. FILE PHOTO: The London Stock Exchange Group’s offices are located in the City of …
Read More »Dollar effort to maintain rally, the interest rates of eyes give up
SYDNEY (Reuters) – The U.S. dollar struggled Monday to hold off a rare rally as its longest losing streak in a decade left many of the market structurally short of currency and vulnerable to a pressure on all current news. FILE PHOTO: A US Dollar Banknote is seen in this …
Read More »Oil rises 1% in response to Saudi Aramco’s upbeat demand, Iraq’s supply cut
MELBOURNE (Reuters) – Oil prices climbed on Monday, backed by Saudi optimism over Asian demand and an Iraqi commitment to deepen cuts in supply, despite uncertainty over a deal to curb US economic recovery gains. FILE PHOTO: The sun is seen behind a crude oil pump jack in the Permian …
Read More »Oil rises 1% in response to Saudi Aramco’s upbeat demand, Iraq’s supply cut
MELBOURNE (Reuters) – Oil prices climbed on Monday, backed by Saudi optimism over Asian demand and an Iraqi commitment to deepen cuts in supply, despite uncertainty over a deal to curb US economic recovery gains. FILE PHOTO: The sun is seen behind a crude oil pump jack in the Permian …
Read More »Asian equities calm as Sino-American tensions warm
SYDNEY / HONG KONG (Reuters) – Asian stocks held tight on Monday as concerns about rising tensions between the United States and China rose on sentiment, though signs of a recovery in industrial activity in the world’s second largest economy limited losses. PHILO PHOTO: A pedestrian wearing a face mask …
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