© Reuters. The German share price index DAX graph is pictured at the stock exchange in Frankfurt By Ambar Warrick (Reuters) – European shares touched a record high on Friday after EU Trade Commissioner Phil Hogan struck a positive tone on talks with Washington, soothing some concerns over a possibleRead More →
Asian markets rebounded in early trading Thursday following losses the day before after Iran launched a missile attack on U.S. bases in Iraq. Tensions decreased significantly Wednesday amid signs of de-escalation, as President Donald Trump said Iran “appears to be standing down” and announced fresh sanctions rather than immediate militaryRead More →
© Reuters. Asian stocks rally as Mideast tensions ease, oil retreats By Tom Westbrook SINGAPORE (Reuters) – Asian stocks rebounded on Thursday and oil beat a retreat, as the United States and Iran backed away from the brink of further conflict in the Middle East and investors reversed their safetyRead More →
© Reuters. A trader uses a computer at the Doha Stock Exchange in Doha DUBAI (Reuters) – Shares of Saudi Aramco (SE:) opened at 34 riyals ($9.06) on Wednesday, their lowest level since the oil giant began trading on December 11, after Iran launched missiles on U.S. targets in Iraq.Read More →
Asian markets gained in early trading Tuesday as Middle East tensions remained high, but at least didn’t rise any higher. U.S. Defense Secretary Mark Esper on Monday said U.S. troops are not planning on pulling out of Iraq, despite the release of a draft letter than suggested as much, andRead More →
© Reuters. Trader works at the New York Stock Exchange NEW YORK (Reuters) – U.S. stocks ended higher on Monday, rebounding from Friday’s losses as investors brushed aside increased tensions in the Middle East, while shares of Alphabet (NASDAQ:) and other internet names gained. The Dow Jones Industrial Average ()Read More →
Oil prices added to gains on Monday, with the benchmarks for crude touching their highest levels in at least 7 months in the wake of Friday’s killing of Iranian Gen. Qassem Soleimani in a U.S. drone strike, which has ratcheted up Middle East tensions. West Texas Intermediate crude for FebruaryRead More →
© Reuters. Investing.com – Asian equities traded mostly lower in morning trade on Monday amid heightened geopolitical tensions in the Middle East, and uncertainties surrounding the singing of the Sino-U.S. phase one trade deal. China’s Shanghai Composite and the both gained 0.4%. Sino-U.S. trade developments remained in focus. U.S. PresidentRead More →
Oil prices continued to rise in late Sunday trading, continuing their surge in the wake of last week’s killing of Iranian Gen. Qassem Soleimani in a U.S. drone strike, which ratcheted up Middle East tensions. After opening nearly 2% higher, late Sunday, West Texas Intermediate crude for February delivery CLG20,Read More →
DUBAI (Reuters) – Gulf stocks fell sharply in late afternoon trade on Sunday, with Kuwaiti and Saudi stocks leading losses. Shares of oil giant Aramco (SE:), which listed last month in a record initial public offering (IPO), fell 1.7% to hit the lowest level since it started trading on DecRead More →
Consider it a wake-up call. Stock market investors shouldn’t panic, but intensifying U.S.-Iran tensions bring home the potential for geopolitical turmoil to make for more volatile price action in 2020 after a blockbuster 2019 rally, investors, analysts and economists said. Oil prices jumped Friday, while investors dumped equities and piledRead More →
The death of an Iranian military leader in a U.S. airstrike has sent markets reeling. But U.S. consumers won’t feel the impact of rising oil prices immediately. Qassem Soleimani, the leader of the foreign wing of Iran’s Islamic Revolutionary Guard Corps, was killed in an airstrike on Baghdad’s international airportRead More →
By Kane Wu HONG KONG (Reuters) – China’s outbound mergers and acquisitions (M&As) clocked their weakest year in a decade in 2019, as an escalated U.S.-China trade war and tightened regulatory scrutiny of Chinese companies impacted appetite for overseas dealmaking. Chinese acquirers announced $41 billion in outbound deals this year,Read More →
By Arjun Panchadar (Reuters) – U.S. stock index futures fell on Friday as trade tensions resurfaced after China rebuked President Donald Trump’s decision to ratify a bill backing protesters in Hong Kong. The legislation knocked global stocks off near-record highs on Thursday, when U.S. markets were closed for Thanksgiving Day.Read More →
By Hideyuki Sano TOKYO (Reuters) – Global shares ticked up on Friday, but hesitated to test an all-time peak as investors worried a new U.S. law backing Hong Kong protests could derail Washington’s and Beijing’s efforts to end their trade war. MSCI All Country world index (), which tracks sharesRead More →
European stocks fell in holiday-thinned trading on Thursday, with banks, automobile makers and software companies bearing the brunt of losses after fresh signs of tensions between the U.S. and China. The Stoxx Europe 600 SXXP, -0.23% slipped 0.2% to 408.82, after logging a new 52-week high on Wednesday, with aRead More →
Asian markets were mixed in early trading Thursday as China lashed out at the U.S. after President Donald Trump signed two bills supporting Hong Kong’s pro-democracy demonstrators. Trump said Wednesday he signed the bills — which received nearly unanimous support in Congress — knowing there could be repercussions, and thatRead More →
© Reuters. File photo of a man cleaning electronic boards outside a brokerage in Tokyo By Tom Westbrook SINGAPORE (Reuters) – Asian share markets wobbled on Thursday as concerns that tensions over Hong Kong may stymie a U.S.-China trade deal cast a pall over Thanksgiving cheer from positive U.S. economicRead More →
Getty Images Workers at Chipotle and other restaurants are busy catering to customers. Service-oriented businesses such as fast-food purveyors are still growing more than than 10 years after the end of the last recession. The numbers: The service side of the U.S. economy rebounded in October after growth tapered offRead More →
US banks reported quarterly earnings that largely beat reduced expectations, but the prospect of lower interest rates could pose a risk. Monica Yeung, Global Financials Analyst, TD Asset Management, talks about the outlook for the sector. Original post Source link Please rate this SystemRead More →
© Reuters. Chinese and U.S. flags flutter near The Bund in Shanghai By Yingzhi Yang and Josh Horwitz WUZHEN, China (Reuters) – At one of the world’s showpiece tech conferences in China, jibes at the United States for its ‘bully behavior’ lent a Cold War tone to proceedings as tradeRead More →
Asian markets slipped in early trading Wednesday amid growing pessimism over U.S.-China trade talks scheduled later this week. Late Monday, the U.S. blacklisted 28 Chinese companies, including artificial-intelligence companies because of their alleged role in human-rights violations against the Uighur Muslim minority. And Tuesday, the U.S. announced visa restrictions againstRead More →
© Reuters. Record U.S. tariff award over Airbus aid could fuel trade tensions By Philip Blenkinsop and Tim Hepher BRUSSELS/PARIS (Reuters) – Transatlantic trade ties face renewed disruption this week when global arbiters are expected to grant the United States a record award allowing it to hit European imports withRead More →
Asian markets rose in early trading Friday following signs of hope for a thaw in the trade war between the U.S. and China. The Wall Street Journal reported Thursday that China was seeking to narrow the scope of upcoming trade negotiations, hoping to resolve some key issues and break theRead More →
European stocks inched up Thursday, boosted by hopes for monetary policy stimulus from an important European Central Bank meeting, plus encouraging signals from the U.S.-China trade tussle. The Stoxx Europe 600 SXXP, -0.06% rose less than a percent to 389.88. Stocks in the mining, apparel, beverages and tobacco sectors wereRead More →