STOXX 600 up 0.3%; set to snap 2-week of gains UK shoppers cut spending in Dec Ericsson down on Q4 earnings miss German producer prices rise at slower pace in Dec Jan 20 (Reuters) – European shares climbed on Friday, as optimistic investors gauged the potential impact of a week-long Lunar New Year holidays …
European shares gain on China’s reopening optimism Read More »
While the recent price hikes in the regional market are encouraging, domestic brokerage and research firm ICICI Securities in a note on mid-month price hike for metals said that it would wait for more clarity on stimulus measures in China post the Chinese New Year (CNY) and their impact on overall steel demand. “The …
Metal stocks to buy, sell, hold: JSPL, Shyam Metalics among ICICI Securities’ top picks Read More »
The silhouette of an oil pump is seen at sunset. Pramote Polyamate | Getty Images Oil rose on Friday and was heading for a second straight weekly gain, spurred largely by brightening economic prospects for China and resulting expectations of a boost to fuel demand in the world’s second-biggest economy. The lifting of …
Oil heads for second week of gains on China demand outlook Read More »
Here is what you need to know on Friday, January 20: The US Dollar is licking its wound, what looks like another down week, as dovish US Federal Reserve expectations continue to play out. Reuters poll reported that a majority of the economists expect 25 basis points (bps) rate hike in the first quarter …
US Dollar bears take a breather despite risk reset Read More »
BEIJING (AP) — Shares were higher in Europe and Asia on Friday after Wall Street declined on worries that the U.S. economy is headed for recession. U.S. futures were little changed while oil prices advanced. Traders worry the Federal Reserve and central banks in Europe and Asia that have raised interest rates to cool …
World markets rise after recession fears pull Wall St lower Read More »
