News & Analytic Centre

FTSE 100 Falls as High Bond Yields, Energy Stocks Weigh

March 19 Reuters Londons FTSE 100 fell on Friday, hit by higher bond yields globally, while energy stocks dropped as fresh coronavirus lockdowns across Europe dampened hopes of a swift recovery in fuel demand. The bluechip FTSE 100 index was down 0.5, with oil heavyweights BP Plc and Royal Dutch Shell Plc falling 0.9 and […]
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Europe Must Play Catchup, U.S. Economy Readies for Takeoff

Struggling to get its vaccine campaign and economic recovery plan in gear, Europe can only watch with envy the stratospheric growth path projected for the stimulusfueled U.S. economy. But officials and economists caution against direct comparisons between the two, noting that much of the divergence masks inbuilt support that European workers and businesses get from […]
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Oil Extend Losses Amid Gloomy Demand Outlook

Oil prices fell on Friday for a sixth day in a row, down nearly 9 for the week, as a new wave of COVID19 infections in particular across Europe spurred fresh lockdowns and dampened hopes for an imminent recovery in fuel demand. U.S. West Texas Intermediate WTI crude fell 4 cents, or 0.07, to 59.96 […]
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