Friday, May 24, 2019
China has extended the olive branch back to the United States by offering a path to eliminate Washington’s burgeoning trade deficit with the country, Bloomberg reported Friday. The news comes less than a day after The Wall Street Journal reported that the Trump administration was considering lifting tariffs amid...
U.S. stock indexes Friday midday clambered higher after a report from Bloomberg said Chinese officials were open to eliminating an imbalance with the U.S. that has been a source of trade tension between the two largest economies in the world and a major headwind for stocks. The Dow Jones...
Source: MarketWatch Canadian crude prices have surged to trade at the smallest discount to U.S. oil in a decade, marking an early success for provincial-government efforts to cap supply and boost the country’s income. A blend of Canadian crude has rallied 40% since early December, when the government of the oil-rich...
NEW YORK/FRANKFURT (Reuters) - Liberty Latin America Ltd (LILA.O), a wireless and cable operator in South America and the Caribbean, has approached peer Millicom International Cellular SA TIGOsdb.ST with an acquisition offer, Millicom said on Monday. Millicom’s statement came hours after Reuters first reported on the negotiations. The deal would...
LONDON (Reuters) - Concern over China’s economic outlook and possible U.S. tariffs on European cars dragged stocks lower on Thursday, while an anti-climactic end to the latest chapter in the Brexit saga offered sterling a moment’s peace. Fresh news had been thin on the ground during the European morning, but...
Source: MarketWatch OPEC’s oil output fell by 751,000 barrels per day to 31.6 million barrels per day in December Oil production by OPEC fell in December as members appeared to get a jump on their pledge and that of close non-cartel producers to cut daily output beginning in January as global...
Investing.com - Here are the top five things you need to know in financial markets on Tuesday, Jan. 8: 1. Focus on U.S.-Sino trade as talks wrap up Tuesday marked the second and final day in a round of trade discussions between the U.S. and China being held in Beijing, with...
(Bloomberg) -- Goldman Sachs Group Inc cut its oil price forecasts for 2019, citing a re-emerging surplus and resilient U.S. shale production. Global benchmark Brent crude will average $62.50 a barrel this year, analysts including Damien Courvalin said in a Jan. 6 note, down from a previous estimate of $70....
* U.S. jobs data, China policy action boosts stocks * MSCI World Equity index hits 2-1/2 week high * Sino-U.S. tariff talks to resume * Graphic: World FX rates in 2018 http://tmsnrt.rs/2egbfVh (Adds U.S. stock futures, updates prices) LONDON, Jan 7 (Reuters) - Strong employment data in the United States, decisive action from...
Many investors may be scared out of energy stocks because of their horrible performance for the last few years. However, if you aim for quality stocks and trade them actively, there’s certainly money to be made. And right now, they’re cheap and offer strong upside potential. The most solid energy...