By Mohi Narayan and Joyce Lee NEW DELHI/SEOUL (Reuters) - Petrochemical producers in Europe and Asia are in survival mode as years of capacity build-up in top market China and high energy costs in Europe have depressed margins for two…
A broad swath of assets have sold off on Monday, many have recoveredOn Friday, we said the unemployment data wasn’t worth panicking about… yet. It seems markets didn’t listen.A weekend selloff across many “unrelated” assets: …
Investing.com-- Oil prices edged higher Friday, on course for the first positive week in five as solid economic data in both the U.S. and China eased global demand concerns.At 07:55 ET (11:55 GMT), rose 0.6% to $76.65 a barrel, while…
A look at the day ahead in U.S. and global markets from Mike Dolan The first reality check on July's jarring U.S. employment report suggests rising recession fears were overstated, allowing stocks to claw back nearly all the week's…
By Alex Lawler, Dmitry Zhdannikov and Shariq Khan LONDON (Reuters) - Global oil demand growth needs to accelerate in coming months or the market will struggle to absorb an increase in oil supply that OPEC+ is planning to make from October,…
By Rajendra Jadhav and Ashitha Shivaprasad (Reuters) - Gold demand in India crept up this week due to a correction in prices, although volatility in the market prompted some buyers to postpone purchases, while premiums in China firmed on…
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are…
By Mohi Narayan and Joyce Lee NEW DELHI (Reuters) - Petrochemical producers in Europe and Asia are in survival mode as years of capacity build-up in top market China and high energy costs in Europe have depressed margins for three…
By Ana Isabel Martinez, Adriana Barrera and Aida Pelaez-Fernandez MEXICO CITY (Reuters) -Mexico's central bank lowered its benchmark interest rate in a divided vote to 10.75%, the monetary authority said on Thursday, cutting the key…
By Georgina McCartney HOUSTON (Reuters) -Oil prices settled higher on Thursday for the third consecutive session, after U.S. jobs data eased demand concerns and war in the Middle East helped prices recover from an eight-month low on…