News

Mon, 05 Jul 2021 13:17:15 GMT

US markets are closed

On Monday, July 5, US stock markets were closed due to the observance of Independence Day.

Mon, 05 Jul 2021 11:05:28 GMT

Oil prices surge due to OPEC+

During Monday's trading, crude oil price benchmarks surged due to OPEC+ seeking to break the Saudi-UAE standoff.

Mon, 05 Jul 2021 09:27:19 GMT

World stock prices remain near high levels

During Monday's Asian trading hours, stock indices fluctuated near recently reached all-time-high levels

Sat, 03 Jul 2021 03:00:07 GMT

US stocks reach record high

US stock indices ended the week's trading by booking new all-time-high levels.

Sat, 03 Jul 2021 02:00:06 GMT

Markets expect FOMC Meeting Minutes

During the upcoming week, markets participants are bound to watch the FOMC Meeting Minutes on Wednesday at 18:00 GMT.

Fri, 02 Jul 2021 12:47:11 GMT

US Dollar drops on employment data

On Friday, at 12:30 GMT, the US Dollar declined in value due to the publication of US employment data sets.

Fri, 02 Jul 2021 07:07:24 GMT

US Dollar continues to gain

On Friday, the US Dollar index continued to gain ground, as it entered a fifth consecutive session of gains. Since Monday, the index had gained more than one percent.

Fri, 02 Jul 2021 07:02:31 GMT

Stocks hold near record high

On Friday, stock indices around the world remained near global high levels, as markets expected US data.

Fri, 02 Jul 2021 07:01:02 GMT

Markets expect US data

During Friday's trading hours, the markets were looking forwards to the US Unemployment Claims that were set to be released at 12:30 GMT.

Thu, 01 Jul 2021 16:00:09 GMT

Nissan invests in UK

On Thursday, Nissan Motor Company revealed that it would invest $1.4 billion in a new United Kingdom factory that would produce batteries for 100,000 per year.

Thu, 01 Jul 2021 15:00:07 GMT

PepsiCo cuts sugar levels

PepsiCo announced on Thursday that the company would cut sugar levels in soda by 25% in the European Union by 2025.

Thu, 01 Jul 2021 13:00:06 GMT

Shell exits California

Reuters revealed on Thursday that Shell would exit joint ventures that the company participated in in California.

Thu, 01 Jul 2021 10:45:33 GMT

Credit Suisse realigns strategy

On Thursday, Credit Suisse Chairman Antonio Horta-Osario stated that by the end of the year the bank would introduce a new strategy.

Thu, 01 Jul 2021 10:39:33 GMT

US Dollar reaches high level

During Thursday's European trading hours, the US Dollar index reached a 3-month high level, as it passed the 92.40 mark, which provided resistance on June 21.

Thu, 01 Jul 2021 10:33:46 GMT

Momentum weakens in Asia

On Thursday, Reuters revealed that factory production momentum had slowed down all across Asia due to new Covid measures.

Thu, 01 Jul 2021 10:17:37 GMT

Japan extends Covid-19 measures

The Japanese government announced on Thursday that it would extend Covid-19 measures due to a rise in infections.

Thu, 01 Jul 2021 09:23:20 GMT

Oil prices remain flat

On Thursday, crude oil price benchmarks remained almost flat, as the markets were expecting the OPEC+ meeting.

Thu, 01 Jul 2021 08:24:59 GMT

USD hits new high against JPY

During Thursday's European trading hours, the US Dollar hit a 15-month high level against the Japanese Yen.

Thu, 01 Jul 2021 07:00:07 GMT

Micron results top estimates

Micron Technology topped Wall Street's forecasts for its quarterly profit and expected its Q4 revenue above estimates due to memory chips' tight supplies as well as robust demand that kept prices high.

Thu, 01 Jul 2021 06:00:06 GMT

Ford to temporary close some US plants

Ford Motor is eager to shut several of its plants in North America for a couple of weeks during the rest of summer amid a global chip shortage.

Thu, 01 Jul 2021 05:00:08 GMT

Japan business mood turns positive

Business confidence of the Japanese big manufacturers improved in the Q2 to the two-and-half-year high, signalling a robust global demand that helps the economy to recover from the pandemic.

Thu, 01 Jul 2021 04:00:07 GMT

China's Didi valued at $68B

China's Didi Global shares closed on their first US trading day slightly over the IPO price, taking the valuation of the ride-hailing company to $68.49B in the largest US listing by a Chinese firm since 2014.

Thu, 01 Jul 2021 03:00:06 GMT

Boeing names new CFO

Boeing appointed Brian West, the ex-General Electric executive, as the company's new chief financial officer, following the planemaker's announcement of the abrupt retirement of its long-time CFO Greg Smith.

Thu, 01 Jul 2021 01:28:06 GMT

SK Innovation to lift annual battery capacity

SK Innovation is planning to boost its annual battery manufacturing capacity to 200 GWh by 2025, up 60% from the South Korean firm's initially announced 125 GWh.

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