Indian shares fell on Thursday, led by losses in financial and technology companies, as sentiment was weighed by concerns over the economic impact of surging coronavirus cases. The bluechip NSE Nifty 50 index fell 0.5 to 14,479 and the benchmark SP BSE Sensex dropped 0.4 to 48,967.88, as of 0347 GMT. The indexes fell nearly […]

SYDNEY, March 25 Reuters The Australian and New Zealand dollars were trying to steady on Thursday as upbeat data on global factory activity helped put a floor under commodity prices, though the technical background looked bleak after breaks of multiple support levels. The Aussie was holding on at 0.7594 and in a precarious position having […]

LONDON, March 24 Reuters Germanys 10year bond yield fell to a fiveweek low on Wednesday, a sign of unease that tighter restrictions to contain a fresh wave of COVID19 could hurt the euro zone economy. Still, IHS Markits flash composite PMI, a closelytracked economic indicator, bounced above the 50 mark separating growth from contraction to […]

Chinese video platform Bilibili will raise around 2.6 billion in its upcoming Hong Kong listing. The Nasdaqlisted technology company said on Tuesday that it will price the 25 million shares it will issue at 808 Hong Kong dollars each. That translates to around 104.06 per American depositary share ADS, Bilibili said. Gross proceeds from the […]

Gold futures were headed higher Wednesday, supported by some safehaven buying, amid developments in Europe that suggest a longer lockdown period due to a renewed spread of COVID19. Gold for April delivery was rising 6.50, or 0.4, to trade at 1,731.70 an ounce, after shedding 0.8 and posting the lowest settlement for a mostactive contract since […]

LONDON, March 24 Reuters Sterling cut some earlier losses on Wednesday after data showed a rush of new orders by businesses anticipating an easing of Britains lockdown prompted a much stronger rebound for UK companies than expected in March. The flash IHS MarkitCIPS UK Composite Purchasing Managers Index rose to a sevenmonth high as Britains […]

Rates as of 0500 GMT Market Recap A fairly typical riskoff day, with the commodity currencies losing ground and JPY USD gaining. The anomalies were CHF, which performed poorly, and to some extent EUR, which didnt fall as much as it might have vs the stronger dollar. The decline of NZD and AUD that began […]

Worsening liquidity is making it harder for U.S. bond traders to fix price anomalies, raising the risk of a spike in yields.

According to Bloomberg’s Climate Transition Scores European oil companies, including Total, Galp, Equinor, BP and Royal Dutch Shell lead a group of the 39 most publicly-traded oil and gas companies in preparedness for a low-carbon world. The Climate Transition Scores represent the average of two underlying scores, proprietary to Bloomberg’s two research teams: the Carbon […]

Copper prices declined on Wednesday as concerns over coronavirus lockdowns in Europe pushed up demand for the dollar and dented the global economic recovery progress. Copper, used widely in construction, manufacturing and power, is often used as a gauge of global economic health. The U.S. dollar approached a fourmonth high on Wednesday, making greenbackpriced metals […]