In vaccines versus variants battle, which, when and how matters
Which coronavirus vaccine was given, how quickly and with what public health measures have consequences from Chile to Japan.
US Dollar Technical Analysis: Levels and Lines to Watch in Days Ahead
The DXY trend lower could continue; there a few levels to keep on the radar as the week unfolds.
UAE Oil Storage Company in Talks to Buy Green Energy Firm
UAE oil storage company BPGIC is in advanced talks to buy a green energy firm as it aims to diversify its business and contribute to the global push to fight climate change, an industry source close to the discussions told Reuters. Brooge Petroleum and Gas Investment Co BPGIC is in talks with two companies, Austrias […]
Telecom Italias Olivetti Buys 7.5M Shares in SECO IPO
MILAN Reuters Italys SECO said on Monday Telecom Italia unit Olivetti bought 7.5 million shares in its initial public offering IPO, equal to 7 of the hightech companys final capital, which could lead to an industrial partnership. Tuscanybased SECO, which develops embedded microcomputers and internet of things solutions, is selling up to 37.8 million shares, […]
Miners, Travel Shares Lift Europe Stocks at Start of Week
European stocks inched higher on Monday as strong metal prices boosted miners and optimism related to reopenings following coronavirus lockdowns lifted travel stocks at the start of a busy week of corporate earnings and economic data. The panEuropean STOXX 600 index rose 0.1 after it recorded its first weekly loss in eight on Friday. A […]
European Shares Flat, Weakness in Autos Negate Mining Gains
European stocks were largely flat on Monday as losses in automakers countered gains in miners, while investors braced for a busy week of corporate earnings and economic data. The panEuropean STOXX 600 index inched up 0.02 in early trading after it recorded its first weekly loss in eight on Friday. A 10year high for Shanghai […]
Euro Holds 8Week Highs Against Dollar as Dovish Fed Weighs
The euro held at an eightweek high against the dollar on Monday despite a disappointing sentiment survey in Germany as expectations the U.S. Federal Reserve will maintain its dovish stance at a policy meeting weighed on the greenback. German business morale improved by less than expected in April as a third wave of COVID19 infections […]
Sterling Begins new Week Buoyant, Ignores Political Noise
LONDON, April 26 Reuters Sterling gained against the dollar and the euro on Monday, ignoring political noise stemming from allegations against Britains Conservative government as positioning data showed investors still bullish on the currency. The pound appeared unaffected by the news and gained against the dollar for a second week on Friday, helped by better […]
Turkeys Lira Steadies, Weaker Dollar Aids EM FX
A weaker dollar lifted emerging market currencies to twomonth highs on Monday, helping Turkeys lira stabilise after it fell to a near alltime low on worries about souring U.S. relations and a dovish policy under a new central bank chief. The lira, among the worst performing EM currencies this year, had sunk as much as […]
US Dollar Sentiment Softens, CAD Bulls Increase, AUD Flips Net Short – COT Report
US Dollar sentiment deteriorates with largest short increase since January. CAD bulls boosted ahead of BoC.