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Oil Prices Rally on Venezuelan Supply Disruptions
Oil prices rallied on Thursday to pare some of the prior session's losses, propped up by declining exports by OPEC-member Venezuela.Venezuela, a member of the OPEC,is lagging in shipping crude to clients from its main oil export port for almost a month, according to Reuters data, as chronic postponements threaten to breach state-run PDVSA's crude supply contracts if they are not quickly delivered...
2018-06-07 02:55:00 UTC+00
182530
Oil,
Investments,
Commodity
Euro Rebounds on Rising Expectations ECB May Wind Down Stimulus
The euro remained near two-week highs versus majority of its rivals on Thursday, on increasing bets the European Central Bank may announce it will taper its stimulus program by year-end as early as next week at the end of its policy meeting...
2018-06-07 02:29:00 UTC+00
90745
Investments,
Eurozone,
Forex
Gold Edges Up on Weaker U.S. Dollar
Gold prices rose on Thursday, propped up by a weaker dollar amid ongoing worries regarding a trade war between the U.S. and its allies.Spot gold traded 0...
2018-06-07 02:04:00 UTC+00
196420
Investments,
Commodity,
Metal
U.S. Trade Deficit Declines to a Seven-Month Low
The U.S. trade deficit slid to a seven-month low in April as exports climbed to a record high, bolstered by an increase in shipments of industrial materials and soybeans...
2018-06-07 01:43:00 UTC+00
75190
World Economy,
Industry,
Investments
ECB’s Praet Hints Talks of Exiting QE Program in June Meeting
The European Central Bank will discuss next week whether to halt bond purchases later this 2018, the bank's top economist Peter Praet said on Wednesday, a hawkish rhetoric perceived preparing investors for another rollback in stimulus...
2018-06-07 01:18:00 UTC+00
235030
Policy,
Investments,
European central bank,
Eurozone
Treasury Yields Climb as Eurozone Bond Markets Sees Selloff
U.S. government bond yields rallied along with their eurozone peers following a statement from a senior European Central Bank official indicated the central bank plans to push on with a debate next week on the schedule for ending its asset purchases...
2018-06-07 00:54:00 UTC+00
185725
Investments,
Share,
Stocks, bonds
U.S. Equities Rallies on Economic Data, Ebbing Trade Concerns
Wall Street index climbed on Wednesday, receiving a boost from financial stocks as investors focused on solid economic data and trade war concerns went to the background while the Nasdaq notched its third consecutive record closing high...
2018-06-06 23:17:00 UTC+00
87190
World Economy,
Industry,
Investments,
Share,
Stocks, bonds,
Equity markets
European Stocks End Little Changed as Italy Concerns Persist
European equities ended marginally changed Wednesday, with trade mostly affected by concerns over fiscal spending in Italy.The pan-European Stoxx 600 ended temporarily neutral with sectors and major bourses mixed...
2018-06-06 22:42:00 UTC+00
76180
Investments,
Share,
European central bank,
Eurozone,
Stocks, bonds,
Equity markets
Oil Prices Climb amid Venezuela Export Worries
Global oil prices advanced during Asian trade after Venezuela increased their prospect of holding off some crude exports, according to people privy to the matter, but gains were limited by reports that the U...
2018-06-06 05:53:00 UTC+00
30640
Oil,
Investments,
Commodity
Gold Prices Inch Higher as Dollar, U.S. Yields Fall
Gold prices edged up in early Asian trade on Wednesday as the U.S. dollar and Treasury Yields fell amid persistent worries regarding global trade after the U...
2018-06-06 05:31:00 UTC+00
29050
Oil,
Investments,
Commodity,
Metal
Euro on Steady Footing; NAFTA Concerns Hit Loonie, Mexican Peso
The euro held steady on Wednesday as investors began to focus on the European Central Bank's policy meeting next week, while worries that the U.S. could withdraw from its trade agreement with Canada and Mexico affected their currencies...
2018-06-06 05:07:00 UTC+00
30640
Industry,
Investments,
European central bank,
Eurozone,
Forex
U.S. Services Sector Activity Growth Accelerates in May
Expansion of activity in the U.S. services sector sped up in May, indicating a strong economic growth in the second quarter. However, trade tariffs and limited workers posed a risk to the robust outlook...
2018-06-06 02:02:00 UTC+00
31135
World Economy,
Investments
U.S. Yields Fall as Italian Jitters Offset Solid U.S. Data
U.S. government bonds edged up on Tuesday, driving down yields and helping to ease a bond-market selloff observed at the beginning of the week, as solid economic data were countered by concerns over the newly established Italian government's policy agenda...
2018-06-06 01:32:00 UTC+00
30790
World Economy,
Investments,
Share,
Stocks, bonds
Nasdaq Notches Record Closing High for Second Consecutive Day
The Nasdaq reached a record closing high for the second straight day of trading on Tuesday, powered by tech and consumer discretionary shares, while the euro rebounded after Italy's new prime minister said the government had never thought of leaving the eurozone as an option...
2018-06-06 01:16:00 UTC+00
28360
World Economy,
Investments,
Share,
Stocks, bonds,
Equity markets
European Stocks End Lower as Bank Stocks Slump
European stock markets ended lower on Tuesday, weighed down by a decline in banking stocks.The pan-European Stoxx closed 0.3 percent down with majority of sectors and major exchanges seeing red...
2018-06-05 23:03:00 UTC+00
19960
Investments,
Share,
Eurozone,
Finance,
Equity markets
Oil Prices Climb on Projected Inventory Drop
Oil prices recovered on Tuesday after sliding in the prior session on expectations that stockpiles in the U.S. may fall. However, increasing U.S. output and worries that OPEC may boost production continue to affect sentiment...
2018-06-05 07:22:00 UTC+00
20155
Oil,
Investments,
Commodity,
Energy
Euro Gets Boost from Ebbing Italy Worries; Dollar Strengthens Against Yen
The euro received support form indications of political stability in Italy and the dollar continued its upward trend versus the yen after a strong U.S...
2018-06-05 07:03:00 UTC+00
21595
Policy,
World Economy,
Investments,
Eurozone,
Forex
Gold Prices Steady on Increased Risk Appetite Amid Rate Hike Bets
Gold prices were on steady footing on Tuesday after declining for three days as investors chose to stock up on riskier assets amid rising prospects of an interest rate increase in the U...
2018-06-05 06:49:00 UTC+00
22135
Investments,
Commodity,
Metal
Tech Rally Powers Wall Street Higher, Nasdaq Notches Record Close
Wall Street's three benchmark indexes rallied on Monday, led by broad gains in tech stocks, driving the Nasdaq to a record closing high as investors wager on the retention of solid economic growth, while declining oil prices affected the energy sector...
2018-06-05 00:31:00 UTC+00
22945
Industry,
Investments,
Share,
Business,
Stocks, bonds,
Equity markets
Apple Shares Hit Record High as Developer Conference Kickstarts
Apple shares reached a fresh all-time high on Monday, as developers flocked to San Jose, California for WWDC, the firm's annual developer conference. The stock rallied by as much as 1...
2018-06-05 00:31:00 UTC+00
26635
Industry,
Investments,
Share,
Business,
Stocks, bonds,
Equity markets
Demand for Treasuries Slumps as Investors Look Past Trade Jitters
Stocks climbed on Monday, weakening demand for safe-haven assets such as Treasuries and drivin up yields as investors looked past heightened trade tensions to focus on solid jobs data-inspired gains at the end of the previous week...
2018-06-04 23:54:00 UTC+00
19330
Policy,
World Economy,
Investments,
Stocks, bonds,
Equity markets
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