Weekly Financial Market Outlook

The second trading day of the 28th week of this year continued in a positive investor fashion, when on Monday, 6 July...

Unemployment in the US falls sharply

Labor market data known as Nonfarm payrolls, which was published a day earlier than usually - on Thursday, 2 July 2020 -...

UK’s Sunak to spend three billion pounds on green projects in economy plan

LONDON (Reuters) - British finance minister Rishi Sunak will earmark 3 billion pounds ($3.75 billion) to create green jobs and improve the energy efficiency...

Dakota Access pipeline shutdown may revive oil-by-rail industry

By Laila Kearney and Devika Krishna Kumar NEW YORK (Reuters) - Companies that transport oil by rail are prepping for a business surge after a...

U.S. Real Estate Investment Trusts Led Risk Rally Last Week

After three weeks of losses, real estate investment trusts (REITs) in the US bounced last week, posting the strongest gain for the major asset classes,...

World shares rally to four-week highs as investors bet on China revival

By Ritvik Carvalho LONDON (Reuters) - Global stock markets rallied to four-week highs and China's yuan headed for its best day against the dollar since December on...

Big Four told to ring fence auditing in Britain by June 2024

By Huw Jones LONDON (Reuters) - PwC, Deloitte, KPMG and EY should ring fence auditing in Britain as a separate business by June 2024, their...

Forex – Euro Buoyed by German Data, Recovery Plan

By Peter Nurse Investing.com - The euro posted gains in early European trade Monday, helped by signs of a German economic recovery and well as...

Dollar steady ahead of services sector data, rising stocks sink yen

By Stanley White TOKYO (Reuters) - The dollar held steady against most currencies on Monday as investors awaited data expected to show the U.S. services...

Keep SMB’s Congo coltan mine in supply chains, says mineral tracker

JOHANNESBURG (Reuters) - Insecurity around Société Minière de Bisunzu's (SMB) coltan mine in Democratic Republic of Congo could get worse if it is cut...

Record debts come due for Canadian oil patch after five years of crisis

By Rod Nickel and Jeff Lewis WINNIPEG, Manitoba/TORONTO (Reuters) - Six years ago, Canadian oilfield services firm Calfrac Well Services (TO:CFW) commanded a C$2.1 billion...

The price of oil is ever changing

In the recent weeks the United States has seen the largest one-day increase in coronavirus cases, and the State of California, along...

Wall Street sees Exxon paring asset values on weakening demand

HOUSTON (Reuters) - Exxon Mobil Corp (N:XOM) assets are likely overvalued in light of weak oil-demand outlook, according to Wall Street analysts, and face write-downs as...

Dominican Republic eyes opportunities as U.S. firms adjust supply chains

By Andrea Shalal WASHINGTON (Reuters) - U.S. companies are expanding and opening new plants in the Dominican Republic as they diversify their supply chains, moves...

A 6.9% Dividend With Crash Insurance? We’ll Take It!

Most of us know we need to stay in stocks through this crisis—but some days it’s easier said than done! Let’s be honest: we could all use...

Apple supplier Foxconn, others hit as India holds up imports from China: sources

By Aditya Kalra and Sankalp Phartiyal NEW DELHI (Reuters) - India's additional scrutiny of imports from China has disrupted operations at plants owned by Apple...

Stocks skip higher ahead of U.S. jobs data

By Marc Jones LONDON (Reuters) - World stocks rose for a fourth straight day on Thursday as encouraging coronavirus vaccine trials kept investors' spirits up...

Bullish On Gold, Bearish On Metals and Mining ETF. Here’s Why

The Metals and Mining ETF (NYSE:XME) tends to slog and churn slowly, but it does so in broad, sweeping cycles. Looking at the entire history of...

Forex – Dollar Weakens; Potential Vaccine Boosts Risk Sentiment

By Peter Nurse Investing.com - The dollar was on the defensive in early European trade Thursday, with traders turning to perceived riskier currencies amid optimism...

Dollar Retreats Over Positive Vaccine Data, But Will Rise Again with Increasing COVID-19 Numbers

By Gina Lee Investing.com – The dollar was down on Thursday morning in Asia, retreating on the back of positive results from yet another vaccine...