A shift in equity trading to the EU from London, due to a regulatory dispute over how MiFID II’s share-trading obligation applies after Britain’s exit from the bloc, is unlikely to reverse, we believe.
Oil futures fell Monday, extending last weeks loss as investors continued to monitor rising COVID19 cases in India and other countries ahead of a meeting later this week of the Organization of the Petroleum Exporting Countries and its allies a group known as OPEC. Indias COVID19 nightmare is impacting oil prices and may cause OPEC […]
India reported a record number of Covid19 cases for the fifth straight day on Monday while the official death toll also jumped. Official data showed there were 352,991 new reported cases over a 24hour period as total infection numbers crossed 17 million. At least 2,812 people died which pushed the total death toll to over […]
TOKYO, April 26 Reuters Japanese shares settled higher on Monday as travelrelated stocks bounced back from losses driven by fears of coronavirus curbs, and after ANA forecast a smallerthanexpected fullyear loss. The Nikkei share average inched up 0.36 to close at 29,126.23, while the broader Topix edged up 0.17 to 1,918.15. Travelrelated shares led the […]
LONDON, April 26 Reuters Euro zone bond yields edged higher on Monday, reflecting brighter sentiment in world markets and a growing sense the worst may be behind for a coronavirusbattered economy. Most 10year bond yields across the currency bloc were up 12 basis points on the day, while U.S. Treasury yields were also a touch […]
Rates as of 0500 GMT Market Recap Betterthanexpected preliminary purchasing managers indices PMIs on Friday drove a riskon mood that lifted US stocks, the commodity currencies and the euro while depressing USD and the other two safehaven currencies, JPY and CHF. Only US manufacturing and German services missed expectations, the others all beat expectations, in […]
Markets look ripe for volatility next week. What are EUR/USD, Nasdaq, and gold traders watching out for with the Fed decision, equity earnings, and release of GDP and inflation data on deck?