Market News

Market News

Oil Prices Finish Higher

Oil Prices Finish Higher

Oil prices finished higher on Monday, as investors watched an increasingly complicated situation in the Persian Gulf after Iran late last week seized a British-flagged tanker, MarketWatch reported. “The latest ratcheting up of tensions in the Persian Gulf with the seizure of a U.K. oil tanker has only led to […]

by × July 22, 2019 × 0 comments

Market News

European Equity Benchmarks Close Higher

European Equity Benchmarks Close Higher

The broad-based major European indices closed higher in Monday trading led by rising technology and health care stocks. In economic news, the EU28 unemployment rate was 6.3% in May, down from 6.4% in April, and 6.9% in May 2018, which was the lowest rate recorded in the EU28 since the […]

by × July 1, 2019 × 0 comments

Market News

Asian ADRs Move Lower

Asian ADRs Move Lower

American depositary receipts of Asian stocks were trading 0.13% lower at 1,439.04 on the BNY Mellon Asia 50 ADR Index on Wednesday. In North Asia, the gainers were led by online game operator Huya (HUYA) and social media platform MOMO Inc. (MOMO), which rose 4% and 3.6% respectively. They were […]

by × June 26, 2019 × 0 comments

Market News

IEA Cuts Oil Demand Growth Forecast for Second Quarter

IEA Cuts Oil Demand Growth Forecast for Second Quarter

The International Energy Agency lowered its forecast for global oil demand growth in the second quarter of the year on Friday, citing a warm winter in Japan, a slowdown in the petrochemicals industry in Europe and a worsening trade outlook across all regions as contributing factors. The Paris-based agency currently […]

by × June 14, 2019 × 0 comments