Integrated European Majors Lead on Preparedness for a Low-Carbon World Among 39 Global O&G Companies

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 […]
Read More

Copper Falls on Europe Coronavirus Lockdowns, Firmer Dollar

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 […]
Read More

Dollar in Demand, Worries over Europe Lockdowns, U.S. Taxes

The safehaven U.S. dollar approached a fourmonth high on Wednesday as concerns over a third COVID19 wave in Europe, potential U.S. tax hikes and escalating tensions between the West and China sapped risk appetite. The yen also strengthened and U.S. Treasuries were bid while Wall Street stocks and crude oil tumbled as investors weighed the […]
Read More

Indian Shares Fall as Financials Drag, Virus Cases Spike

Indian shares fell on Wednesday, dragged down by financial companies and weakness in global stocks, as worries over the economic impact from a continued surge in domestic coronavirus cases weighed on sentiment. The bluechip NSE Nifty 50 index fell 1.2 to 14,638 and the benchmark SP BSE Sensex dropped 1.1 to 49,7508, as of 0510 […]
Read More

Japan Stocks Extend Fall as Lockdown Worries Return

TOKYO, March 24 Reuters Japans Nikkei share average fell on Wednesday for the fourth consecutive session as renewed concerns about the return of coronavirus lockdowns in Europe and declining oil prices dented hopes of an acceleration in the global economy. The Nikkei 225 Index ended down 2.04 at 28,405.52. The broader Topix fell 2.18 to […]
Read More

JGBs Rise on SafeHarbour Flows, Strong Auction Demand

TOKYO, March 24 Reuters Japanese government bond futures and prices on cash bonds rose on Wednesday as concerns over restrictions on economic activity in France and Germany increased the appeal of holding safeharbour assets. Investors shifted money out of equities and into bonds as risk appetite was dampened. An auction of sixmonth bills earlier on […]
Read More