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Wall Street closes with surge
Mon, 01 Jun 2020 21:17:03 GMT
 
On Monday, US stock markets ended the day's trading with a surge, as reopening of economies offset riots. >>
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Ted Baker seeks to raise £95M
Mon, 01 Jun 2020 19:51:51 GMT
 
Ted Baker is set to raise nearly £95M by selling shares at steep discount in a bid to ride out the coronavirus crisis, the fashion brand stated. >>
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Brazil posts trade surplus of $4.5B in May
Mon, 01 Jun 2020 19:32:58 GMT
 
Brazil posted a $4.5B trade surplus last month, which was down 11.1% year-on-year and the lowest surplus registered in May in five years. >>
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S. Korean car sales drop 36.3% in May
Mon, 01 Jun 2020 18:11:59 GMT
 
Global car sales of South Korean automakers tumbled 36.3% in May, compared to the same period in 2019, amid the coronavirus outbreak, industry data show. >>
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Saudi Arabia to inject $13.3B in banking system
Mon, 01 Jun 2020 17:02:19 GMT
 
Saudi Arabia plans to inject $13.3B in the banking system amid the decline in oil prices, data published by the Saudi Arabian Monetary Authority show. >>
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Portugal industrial production declines 25.9% in April
Mon, 01 Jun 2020 16:36:53 GMT
 
The Portuguese industrial production declined 25.9% in April, compared to the same period the prior year, the National Institute of Statistics of Portugal reports. >>
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Portugal public debt increases to €262.1B in April
Mon, 01 Jun 2020 15:28:11 GMT
 
The Portugal's public debt increased to €262.1B in April, an increase of 2.82% from the prior month, a statement published by the Portuguese central bank Banco de Portugal shows. >>
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EUR/USD: US ISM Manufacturing PMI
Mon, 01 Jun 2020 14:19:46 GMT
 
The Euro traded sideways against the US Dollar, following the US ISM Manufacturing PMI survey results release on Monday at 14:00 GMT. The EUR/USD exchange currency rate lost 4 pips >>
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Oil trades flat
Mon, 01 Jun 2020 13:42:41 GMT
 
During Monday's European trading hours, crude oil prices traded steady, as there were no major announcements being made in regards to oil supply and demand. >>
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DUK+/EUR will remain above 1.5000
Mon, 01 Jun 2020 13:14:22 GMT
 
On Monday, June 1, the DUK+/EUR exchange rate jumped to 1.5100. Moreover, it was not going to decline below this level, as a massive amount of buy orders was set >>
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LSE could cut trading time
Mon, 01 Jun 2020 12:41:51 GMT
 
On Monday, the London Stock Exchange revealed that it has discovered broad backing in the markets for a reduction of the trading day by 90 minutes. >>
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Gold tests 1,745.00 level
Mon, 01 Jun 2020 12:09:44 GMT
 
On Monday morning, the yellow metal's price continued to surge, as it reached for the 1,745.00 level. After touching the mentioned level, the rate retreated back to the support of the >>
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Samsung to build new memory chip line
Mon, 01 Jun 2020 12:01:46 GMT
 
Samsung Electronics announced on Monday it had begun building a new NAND flash memory chip production line in South Korea, as the coronavirus pandemic boosted demand for its servers and >>
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USD/JPY breaks resistance cluster
Mon, 01 Jun 2020 11:50:42 GMT
 
On Friday, the USD/JPY traded with high volatility, as it dropped below the 107.20 level and afterwards recovered to 107.80. In regards to the near term future, the pair had >>
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Coty names Chairman Harf as new CEO
Mon, 01 Jun 2020 11:16:11 GMT
 
On Monday, the cosmetics maker Coty stated it had appointed the Chairman Peter Harf as a new CEO of the company, as it seeks to restructure its business. >>
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