A man wearing a preventative measure wearing a face mask walks past a closed bar in Hong Kong. May James | SOPA images | LightRocket | Getty Images The Hong Kong government on Friday downgraded its full-year forecast following a recent surge in coronavirus cases that threaten to further derail …
Read More »Treasury revenues come off highs after unemployment data beats estimate
U.S. government debt prices climbed higher Friday after falling on the backs of stronger weekly data Thursday. The yield on the benchmark 10-year Treasury note was lower at about 0.7012% in early trading, while the yield on the 30-year Treasury bond dropped to about 1.4135%. Bond yields fall as their …
Read More »coronavirus stimulants, faluta and oil
Asia-Pacific markets were mixed in early trading Friday as investors remained cautious after U.S. lawmakers were unable to move forward with a coronavirus ballot. Australia’s ASX 200 rose 0.24% immediately after the market opened, with the underweight with heavily weighted financials up 0.75%. Shares of major banks in the country …
Read More »IEA sees lower demand in 2020, 2021, over stagnant mobility
An Eastar Jet Inc. aircraft, front and Jeju Air Co. aircraft will land on Wednesday, August 12, 2020 at the intestinal surface at Incheon International Airport in Incheon, South Korea. SeongJoon Cho | Bloomberg via Getty Images The International Energy Agency on Thursday lowered its global oil demand forecasts several …
Read More »European markets review data on data on U.S. unemployed
European equities traded lower on Thursday morning as investors waited for the latest data on US unemployment data and followed the lack of progress in negotiations over a US pandemic relief package. The Europa Stoxx 600 Index was down 0.4% in the early morning trading session, with base sources hitting …
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