Indices

Oil rebounds as geopolitics, demand concerns whipsaw investors

Oil rebounded on Wednesday after a sharp drop in the previous session ended a three-day streak of gains as investors have whipsawed between concerns about potential supply losses from Libya and the...

Oil prices pause after surging on Libyan outages, Middle East tensions

Oil prices paused their recent advances, receding in Asian trading on Tuesday after surging more than 7% in the previous three sessions on supply concerns prompted by fears of a wider Middle East...

Russian mining giant Nornickel's first-half profit slumps on weak prices

Nornickel reported a first-half profit on Friday that fell 22%, hurt by weak nickel prices, while the Russian miner also grappled with logistical difficulties and issues related to cross-border...

CVC, DSV submit final bids around $15.6bln for Deutsche Bahn's Schenker, sources say

Deutsche Bahn's logistics unit Schenker has collected final bids from a consortium led by CVC Capital Partners and Danish transport firm DSV that value the business at around 14 billion euros , two...

Oil set to end week lower on demand concerns, easing supply woes

Oil prices were steady in early Asian trading on Friday, but were poised to end the week lower as downward revisions to U.S. employment data raised demand concerns and ceasefire talks in Gaza eased...

Wall Street: upward trend not in jeopardy

The New York Stock Exchange is set to resume its upward trend on Wednesday morning, after narrowly halting yesterday's run of eight consecutive sessions of gains.Around half an hour before the...

Oil prices down on swelling US crude stocks, easing Middle East tensions

Oil prices slipped on Wednesday on estimates showing swelling U.S. crude inventories and expectations that tensions in the Middle East were easing following a tour of the region by mediators. ...

Indian stocks to rise modestly to year-end, correction unlikely

India's benchmark indices will rise modestly by the end of 2024, according to a Reuters poll of equity strategists who said a correction from already elevated levels in the coming month was unlikely. ...

Analysis-BHP's quick strike fix sets tone for labor talks amid copper rally

Mining giant BHP's quick fix to a recent six-day strike at its huge Escondida copper mine in Chile could set the tone for upcoming negotiations elsewhere, with workers emboldened by high copper prices...

Physical buyers win battle for copper market as funds retreat

Investors fleeing the copper market are likely to be sidelined for many months, leaving the field clear for physical players who expect demand in top consumer China and elsewhere to deteriorate over...

Asia shares, gold underpinned by rate cut hopes

Asian stocks were taking a breather on Monday after global equities enjoyed their best week in nine months on expectations the U.S. economy would dodge a recession and cooling inflation would kick off...

Yandex NV renamed Nebius Group after Russia split

Yandex NV, the Dutch company that finalised a split from Russian technology giant Yandex last month, has renamed itself Nebius Group after the change received shareholder approval, it said on Friday. ...

London stocks poised for best week since May on improved risk appetite

UK's FTSE 100 slipped on Friday, after a five-day rise that paved the way for a strong weekly gain for the benchmark stock index, as abating fears of a likely recession in the United States bolstered...

Mib closes up with Ferrari and Leonardo leading the way

Piazza Affari closed higher on Wednesday's session, the last before the day off for Ferragosto, on a day marked by U.S. inflation. The annual U.S. inflation rate slowed for the fourth consecutive...

Overseas investors turn bearish on Japanese equities after brutal sell-off

Global investors are turning bearish on once-favoured Japanese stocks following last week's turbulence as they reassess economic prospects and the viability of yen-funded trades. Using...

CAC 40: green to start the week

The Paris Bourse is likely to try to get back on track at the opening bell on Monday, while growing fears of a US recession have recently put the brakes on risky assets.At around 8.15am, the 'future'...

Tech, Yen, and Jobs: Wall Street's triple play

Ah, Friday mornings on Wall Street. The coffee is brewing, the traders are buzzing, the weekend is just hours away, and the jobless claims report is the talk of the town. Let's dive into the pre-bell...

Wall Street: rebound not 100% convincing, T-Bonds volatile

Wall Street's morning bullish acceleration came to a halt at around 7pm, and after 2 hours of levitation, with the S&P' and Nasdaq flirting with +1.7% and +1.8% respectively , the last hour was...

Wall Street: depressed opening prospects

Futures on the S&P500 and Nasdaq-100 augur a particularly gloomy opening to the week on the New York Stock Exchange, as concerns grow over the health of the US economy.More broadly, the world's...