People in China worried on Thursday about spreading COVID-19 to aged relatives as they planned returns to their home towns for holidays that the World…
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Dow Futures Trade Steady, After Nasdaq Posts 3-Session Win Streak
U.S. stock futures were trading in a tight range during Tuesday’s evening session, after major benchmark averages finished higher as investors continue their rotation toward…
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Oil Prices Dip as industry Data Shows Massive Build in U.S. Inventories
Oil prices fell on Wednesday after industry data pointed to a large weekly build in U.S. crude stockpiles, although losses were limited by the prospect…
View More Oil Prices Dip as industry Data Shows Massive Build in U.S. Inventories
European Stocks Edge Higher; German Industrial Production Impresses
European stock markets edged higher Monday, with sentiment boosted by China’s decision to fully reopen its borders as well as stronger-than-expected German industrial production. At…
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Oil Prices Rebound on China Reopening Optimism, Easing Fed Fears
Oil prices rose on Monday, recovering a measure of recent losses as investors bet that an economic reopening in China and a less hawkish rhetoric…
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Asia FX Rallies on China Reopening, Yuan at Over 4-Mth High
Most Asian currencies shot up on Monday, with the Chinese yuan hitting a four-month high after the country reopened its international borders, while hopes of…
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GM Wants U.S. Treasury to Reconsider tax Credits for Cadillac Lyriq EV
General Motors said Friday it wants the U.S. Treasury to reconsider classification of GM’s electric Cadillac Lyriq to allow it to qualify for federal tax…
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Weekly Comic: China’s Precarious Reopening
China’s dash for herd immunity from COVID-19 may not be the miracle cure for its economic ills that markets seem to think. Global markets have…
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Chinese Yuan hits 4-Mth High on Reopening cheer, U.S. Payrolls Awaited
The Chinese yuan jumped to a four-month high on Friday as markets bet on a strong economic boost from China reopening its borders this month,…
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Gold Steadies Ahead of Fed Minutes, Copper Slammed By China Fears
Gold prices hovered around six-month highs on Wednesday, cutting short a recent rally as traders bought back into the dollar in anticipation of more cues…
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