GLOBAL

Oil climbs on positive China data, rising demand

Oil climbs on positive China data, rising demand

Published 10/08/2020

LONDON (Reuters) - Oil rose on Monday, supported by an improvement in Chinese factory data and rising energy demand as countries eased coronavirus-related lockdowns, but [more…]

Global shares climb as China industrial data offers hope for coronavirus recovery

Global shares climb as China industrial data offers hope for coronavirus recovery

Published 10/08/2020

LONDON (Reuters) - European shares rose on Monday as industrial activity in China gained strength, another sign of recovery from the coronavirus pandemic that added [more…]

Dollar rally regains some momentum- Aussie and Kiwi fall

Dollar rally regains some momentum- Aussie and Kiwi fall

Published 10/08/2020

LONDON (Reuters) - The dollar rose in early London trading on Monday, including versus the euro and Swiss franc, with investors focusing on fiscal stimulus [more…]

Oil steady as virus fears counter positive factory data

Oil steady as virus fears counter positive factory data

Published 03/08/2020

LONDON (Reuters) - Oil prices steadied on Monday, pressured by rising COVID-19 cases around the globe and by oversupply worries as OPEC and its allies [more…]

Summer mood swings: markets turn higher on hopes of virus aid

Summer mood swings: markets turn higher on hopes of virus aid

Published 03/08/2020

LONDON (Reuters) - World stocks and the dollar rallied after a cautious European morning as thin summer trading led to sharp swings in the market, [more…]

Strain on global manufacturing eases as euro zone returns to growth

Strain on global manufacturing eases as euro zone returns to growth

Published 03/08/2020

LONDON/TOKYO (Reuters) - Euro zone manufacturing activity expanded modestly last month, its first growth since early 2019, and Asia’s pain eased as the contraction slowed [more…]

Russia is raising oil output as OPEC+ cuts ease: source

Russia is raising oil output as OPEC+ cuts ease: source

Published 03/08/2020

MOSCOW (Reuters) - Russian oil and gas condensate output increased to 9.8 million barrels per day (bpd) on Aug. 1-2 from 9.37 million bpd in [more…]

Republican Senator Tom Cotton calls slavery ‘necessary evil’

Republican Senator Tom Cotton calls slavery ‘necessary evil’

Published 27/07/2020

WASHINGTON (Reuters) - Republican U.S. Senator Tom Cotton described slavery as “a necessary evil” in a published attack on a New York Times initiative to [more…]

Oil up on weak dollar though U.S.-China tensions, virus weigh

Oil up on weak dollar though U.S.-China tensions, virus weigh

Published 27/07/2020

SINGAPORE/LONDON (Reuters) - Oil prices edged higher on Monday helped by a weak dollar and expected U.S. stimulus measures but gains were capped by rising [more…]

Gold roars to record high, dollar dives again

Gold roars to record high, dollar dives again

Published 27/07/2020

LONDON (Reuters) - Gold soared to an all-time high on worsening ties between the United States and China, a sinking dollar and ultra-low interest rates [more…]