Oil Set for Longest Weekly Rally Since 2016 as Supply Risks Rise

Posted on by
Oil Set for Longest Weekly Rally Since 2016 as Supply Risks Rise

Oil headed for its longest weekly winning streak since 2016 as supply disruptions in Libya and Venezuela persist at a time when the OPEC+ coalition is showing record compliance with its pledged output cuts. Futures in New York rose 0.4 percent Friday and …
See Original Article

UPDATE 1-Plus500 blames low volatility as revenue collapses

(Adds CEO quote, background). April 12 (Reuters) – Revenue at online trading platform Plus500 collapsed in the first quarter to less than a fifth of that a year earlier, with the company blaming lower volatility in financial markets for a drop in trading volumes.
See Original Article

China Exports Rebound After Holiday, Imports Warn of Fragility

China’s exports rebounded after the Lunar New Year holiday amid a pickup in trade talks optimism, while a continued slide in imports underscored the fragility of the domestic economy. Exports jumped 14.2 percent in March from a year earlier while imports …
See Original Article

In Hong Kong, $1.2 Million Will Only Buy You an Average Home

Hong Kong has retained its mantle as the most expensive housing market on Earth, boasting the highest average house price at $1.2 million, as well
See Original Article

What a Deutsche Bank Merger Could Mean for Germany

Since it was founded in 1870, Deutsche Bank was supposed to be a steward for German industry, helping the nation’s manufacturers finance overseas trade. Broken up into 10 banks after World War II, it regrouped and prospered along with West Germany …
See Original Article

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.