Oil steady on upbeat data, Middle East unrest
Oil prices held on to three-month highs on Monday, underpinned by optimism over an expected China-U.S. trade deal and upbeat industrial data, while traders kept a close watch on the Middle East following U.S. air strikes in Iraq and Syria.
BoE’s Carney says finance must act faster on climate change
Financial services have been too slow to cut investment in fossil fuels, a delay that could lead to a sharp increase in global temperatures, Bank of England Governor Mark Carney said in an interview broadcast on Monday.
More than 150 flights canceled in Germany as Lufthansa’s Germanwings hit by strikes
Around 180 flights in Germany were canceled on Monday due to cabin crew strikes at Lufthansa’s budget airline Germanwings, in a bid to put pressure on management in wage talks.
Oil edges up on upbeat data, Middle East unrest
Oil prices held on to three-month highs on Monday, underpinned by optimism over an expected China-U.S. trade deal and upbeat industrial data, while traders kept a close watch on the Middle East following a U.S. air strike.
China’s December factory activity set to expand for a second month: Reuters poll
China’s factory activity likely expanded again in December on stronger external demand and an infrastructure push at home, but the pace of growth is set to ease as markets await more certainty on a U.S.-China trade truce, a Reuters poll showed.
Asian shares at 18-month highs; Nikkei finishes year up 18%
A broad gauge of Asian share markets rose to an 18-month high on Monday as Chinese equities gained, while oil touched three-month highs on a combination of U.S. crude inventory drawdowns, trade optimism and unrest in the Middle East.
Oil price rise muted in 2019 despite sanctions, supply cuts, attack in Saudi Arabia
Oil prices rose more than 20% this year but there were no sharp spikes and crude futures barely sniffed $70 a barrel despite attacks on the world’s biggest oil producer, sanctions that crippled crude exports of two OPEC members and gigantic supply cuts…
The Decade of Debt: big deals, bigger risk
Whatever nickname ultimately gets attached to the now-ending Twenty-tens, on Wall Street and across Corporate America it arguably should be tagged as the “Decade of Debt.”
U.S. LNG exports soar in 2019 but supply glut may await in 2020
U.S. exporters of liquefied natural gas (LNG) head into 2020 after a record year that saw exports soar by more than 60%, but growing concerns about weakened demand and heavy competition could act as headwinds in the coming year.
The decade that saw volatility trading come of age
What do you do when daily stock market gyrations all but dry up? Apparently, trade volatility like never before.
