Markets

19.11.2020

China’s stock exchanges witness prolonged hours of glory

China stocks edged up on Wednesday as investors cheered the government's pledge to implement additional policy measures to prop up the coronavirus-ravaged broad economy.

China will promote economic growth to a "reasonable" range while pursuing higher quality development, Premier Li Keqiang was quoted as saying on Tuesday night by state radio.

Remarks...

China stocks edged up on Wednesday as investors cheered the government's pledge to implement additional policy measures to prop up the coronavirus-ravaged broad economy.

China will promote economic growth to a "reasonable" range while pursuing higher quality development, Premier Li Keqiang was quoted as saying on Tuesday night by state radio.

Remarks...

19.11.2020

Greenback continues retreat as its safe haven position falters

The dollar remained under pressure on Wednesday and briefly dropped to its lowest in over a week as tighter economic restrictions across the United States and Europe tested market optimism over vaccine trials.

Pfizer announced that the final results from the late-stage trial of its COVID-19 vaccine showed it was 95%...

The dollar remained under pressure on Wednesday and briefly dropped to its lowest in over a week as tighter economic restrictions across the United States and Europe tested market optimism over vaccine trials.

Pfizer announced that the final results from the late-stage trial of its COVID-19 vaccine showed it was 95%...

19.11.2020

Global stock markets keep gaining strength, defying bug

A gauge of global stocks hit a record and oil prices jumped on Monday as the newest positive data for a potential COVID-19 vaccine and signs of economic recovery in Asia boosted sentiment.

U.S. stocks advanced, with the Dow Industrials setting a record as it neared the 30,000 mark for the...

A gauge of global stocks hit a record and oil prices jumped on Monday as the newest positive data for a potential COVID-19 vaccine and signs of economic recovery in Asia boosted sentiment.

U.S. stocks advanced, with the Dow Industrials setting a record as it neared the 30,000 mark for the...

19.11.2020

Brent veers up as hopes pin on OPEC+ determination

Oil prices firmed on Wednesday as hopes that producer group OPEC and its allies will delay a planned increase in oil output to offset a bigger than expected build in US crude inventories.

Brent crude futures rose 53 cents, or 1.2%, to $44.28 a barrel by 1046 GMT, while US West...

Oil prices firmed on Wednesday as hopes that producer group OPEC and its allies will delay a planned increase in oil output to offset a bigger than expected build in US crude inventories.

Brent crude futures rose 53 cents, or 1.2%, to $44.28 a barrel by 1046 GMT, while US West...

19.11.2020

First cold snap drives North Sea region’s natural gas prices up

The British wholesale day-ahead gas price rose on Wednesday morning on expectations of lower temperatures and strong power plant demand.

The day-ahead contract was up 1.90 pence at 37.00 p/therm by 1024 GMT.

Traders said revisions to forecasts showed temperatures were likely to drop by more than previously expected, boosting demand for...

The British wholesale day-ahead gas price rose on Wednesday morning on expectations of lower temperatures and strong power plant demand.

The day-ahead contract was up 1.90 pence at 37.00 p/therm by 1024 GMT.

Traders said revisions to forecasts showed temperatures were likely to drop by more than previously expected, boosting demand for...


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