Stocks Extend Bear Market Bounce as Inflation Distress Ebbs

MILAN/TOKYO, June 27 (Reuters) – International shares prolonged their rebound on Monday, making the most of Wall Avenue’s sturdy shut on Friday, as off-peak oil costs helped enhance sentiment and eased fears of inflation. extended. Sturdy morning beneficial properties in Europe and a rally in Asian markets after China additional relaxed COVID-19 restrictions buoyed the … Read more

Stocks moderate their inflation expectations due to the blow to copper

S&P futures up 0.9%, European shares acquire 1.5% MSCI World Shares Goal 2.5% Weekly Acquire Copper falls greater than 7% within the week, oil falls 2% German 10-year bond yield falls 4 bps LONDON, June 24 (Reuters) – World shares have been headed for his or her first weekly acquire in a month and Wall … Read more

Russia Seeks New Fuel Markets in Africa and Middle East as Europe Pulls Away

MOSCOW, June 23 (Reuters) – Russia is rising gasoline and naphtha provides to Africa and the Center East because it struggles to promote gas in Europe, whereas Asia is already receiving bigger volumes of Russian crude, Refinitiv Eikon information confirmed and sources stated. . The event is prone to improve competitors for Asian clients between … Read more

Oil rises on strong demand and tight supply

Fashions of oil barrels and a pump jack are pictured in entrance of a rising inventory chart and “$100” on this illustration taken February 24, 2022. REUTERS/Dado Ruvic/Illustration Enroll now for FREE limitless entry to Reuters.com Report Exxon Mobil CEO expects tight oil market to final for years US Secretary of Vitality to Meet with … Read more