Forex14 hours ago (Mar 16, 2020 12:33PM ET) (C) Reuters. By Yasin Ebrahim Investing.com – Wall Street moved off session lows on Monday as the Federal Reserve pumped more liquidity into the market just a day after slashing rates and reverting to its financial-crisis-era bond-buying program in an attempt to keep a lid on the […]Read More
(C) Reuters. An oil pump is seen just after sunset outside Saint-Fiacre By Stephanie Kelly NEW YORK (Reuters) – Oil prices fell below $30 a barrel on Monday as the worldwide coronavirus outbreak worsened over the weekend, leading governments and businesses to shut down as the global economy appeared to be headed toward certain recession. […]Read More
Economic Indicators15 hours ago (Mar 16, 2020 11:43AM ET) (C) Reuters. FILE PHOTO: Federal Reserve building pictured in Washington By Tom Westbrook SINGAPORE (Reuters) – When the U.S. Federal Reserve cut interest rates to near zero on Sunday, the dollar fell, since the move blew away the yield on owning dollars and with it much […]Read More
Politics15 hours ago (Mar 16, 2020 11:35AM ET) (C) Reuters. Investing.com – Countries in Europe plan to ban travel from third-party countries to the passport-free travel zone in an effort to curtail the spread of Covid-19, the Financial Times reported Monday. All non-essential visits to the Schengen area will be stopped, but citizens of the […]Read More
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Commodities17 hours ago (Mar 16, 2020 10:19AM ET) By Nidhi Verma NEW DELHI (Reuters) – India plans to take advantage of low prices for oil from Saudi Arabia and the United Arab Emirates to top up its strategic petroleum reserves (SPR), two sources familiar with the matter said on Monday. Global oil prices have fallen […]Read More
Stock Markets17 hours ago (Mar 16, 2020 09:34AM ET) (C) Reuters. By Geoffrey Smith Investing.com — U.S. stock markets fell the most since 1987 in early trading on Monday, having been suspended, limit down, almost immediately after trading started, as the shutdown of increasing swathes of public life in the U.S. brought home the scale […]Read More
Commodities18 hours ago (Mar 16, 2020 08:37AM ET) (C) Reuters. By Peter Nurse Investing.com – U.S. gasoline prices fell to their lowest on record on Monday, after aggressive moves by the Federal Reserve Sunday failed to calm panicking investors, while Saudi Arabia kept up the pressure on rival producers by promising record levels of oil […]Read More
Commodities19 hours ago (Mar 16, 2020 08:19AM ET) (C) Reuters. OPEC+ calls off technical talks, mediation attempts fail: sources By Alex Lawler, Rania El Gamal and Ahmad Ghaddar LONDON/DUBAI (Reuters) – An OPEC and non-OPEC technical meeting planned for Wednesday in Vienna has been called off as attempts to mediate between Saudi Arabia and Russia […]Read More
Commodities19 hours ago (Mar 16, 2020 07:59AM ET) (C) Reuters. By Geoffrey Smith Investing.com — Gold prices tumbled below $1,500 a troy ounce to their lowest since August as more and more investors were forced to liquidate positions due to liquidity stresses elsewhere in their portfolios. By 7.55 AM ET (1155 GMT), gold futures for […]Read More
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