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Moscow Takes Control over Assets of Western Companies

May 20 Reuters Kremlin has been seizing assets of some Western companies in Russia through decrees signed by President Vladimir Putin and court orders related to lawsuits over halted projects or blocked funds amid Western sanctions. Below is a list of the companies affected so far. AGROTERRA Russia seized companies belonging to agricultural group AgroTerra and placed […]
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Sterling Steady ahead of Expected Drop in Inflation

LONDON, May 20 Reuters The pound held steady on Monday as markets waited for April inflation data later in the week which is expected to show the rate of UK price rises falling back to the Bank of England39;s target. Sterling was unchanged from Friday39;s closing price at 1.2704. The pound has risen around 2 […]
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Main Facts about Copper Market as Prices Hit Record Highs

LONDON, May 20 Reuters Copper surged to record highs on Monday as a recent rally triggered by short covering created momentum for speculators and funds to bet on higher prices of the metal. Below are the main facts about the copper market, sourced from the International Copper Study Group ICSG, the International Copper Association ICA, […]
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Chinas Production and Retail Sales Grow, Eurozones Annual Inflation Remains Low at 2.4, U.S. Dollar Weakens while Gold and Stocks Rise

Previous Trading Days Events 17.05.2024 Winners vs Losers Silver is on the top for this week with already 1 gains and a total of 20.51 gains for the month. Gold follows with 6.47 gains this month so far. News Reports Monitor Previous Trading Day 17.05.2024 Server Time Timezone EEST UTC 0300 Midnight Night Session Asian […]
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Gold, Copper Rally Propels London Stocks Higher

FTSE 100 up 0.3, FTSE 250 adds 0.5 Keywords Studios surges after buyout offer UK CPI due Wednesday May 20 Reuters London equities kicked off the week on a positive note, helped by a rally among metal miners and defence stocks, while investors await comments from the Bank of England for hints on the central […]
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Surging Commodity Stocks Prop Up European Shares

Miners, energy stocks lead morning gains Volkswagen dips as MS downgrades to underweight Banks pressure Italian shares May 20 Reuters European shares inched up on Monday but gains remained in check as a rise in commoditylinked stocks was offset by uncertainty around the outlook for interest rates. The panEuropean STOXX 600 index rose 0.1 to hover […]
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