Friday, March 29, 2024
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Barclays raises 2020 oil price outlook, expects limited downside to demand view

Barclays Commodities Research on Monday raised its oil price forecasts for 2020, citing limited potential downside to its demand outlook. The bank raised its 2020 Brent...

Exclusive: Trump to block U.S. downloads of TikTok, WeChat on Sunday – officials

The U.S. Commerce Department plans to issue an order Friday that will bar people in the United States from downloading Chinese-owned messaging app WeChat and video-sharing app TikTok starting...

Bitcoin clings to the $11,100 handle before another bullish attempt

On the weekly timeframes, BTCUSD has been deriving support from the ascending 20-SMA since late-April Bitcoin has been consolidating with a bullish bias these days, oscillating...

Stocks weighed down by virus angst, lack of stimulus

Stocks struggled on Friday as worries about a resurgence in coronavirus cases and lingering disappointment that central banks merely affirmed their monetary support this week, without promising new stimulus,...

Oil steady as crews return to U.S. Gulf rigs

Oil prices steadied on Thursday after a decline earlier in the day as production started in the Gulf of Mexico after Hurricane Sally while a drawdown in U.S. crude...

BOJ holds fire, sees economic gloom lifting slightly

The Bank of Japan kept monetary policy steady on Thursday and slightly upgraded its view on the economy, suggesting that no immediate expansion of stimulus was needed to combat...

BIS Seeking Blockchain Expert to Lead Digital Currency Research

The Bank of International Settlements (BIS), the international body nicknamed the “central bank for central banks,” is on the lookout for a blockchain engineer. In a job...

Oil jumps above $41 as storm hits U.S. output, inventories drop

Oil rose for a second day on Wednesday, gaining more than 2%, as a hurricane closed U.S. offshore production and an industry report showed U.S. crude inventories unexpectedly decreased.

Main shareholders in Spain’s Caixabank, Bankia give blessing to merger, sources say

The main shareholders in Spanish lenders Bankia BKIA.MC and Caixabank CABK.MC have given their green light for the merger between the two lenders to go ahead, two sources with knowledge of the matter...

EU carbon market’s free handouts are impeding climate action, auditors say

The European Union should change the way it hands out free pollution permits in the bloc’s carbon market, which is failing to bring about deep cuts in emissions, EU...