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Dollar firms, global stocks soar on ECB rate cut expectations

13 hours ago DieselGasoil Comments Off on Dollar firms, global stocks soar on ECB rate cut expectations
NEW YORK (Reuters) – U.S. and European stocks surged on Friday on expectations the European Central Bank will cut interest rates but the dollar pared gains against the euro after a report said the German government was prepared to take on new debt to lift the economy. The dollar hit a two-week high against the Read More

Dollar firms, stocks soar on ECB rate cut expectations

17 hours ago DieselGasoil Comments Off on Dollar firms, stocks soar on ECB rate cut expectations
NEW YORK (Reuters) – The dollar strengthened while U.S. and European stocks surged on Friday amid growing expectations the European Central Bank will cut interest rates to stimulate the economy and after China said it plans to boost disposable income to spur consumption. Benchmark U.S. Treasury yields rose from three-year lows but government bond yields Read More

Hong Kong banks say threat of massive cash withdrawals by protesters won’t cause problems

19 hours ago DieselGasoil Comments Off on Hong Kong banks say threat of massive cash withdrawals by protesters won’t cause problems
Banks in Hong Kong say they can cope with a sudden increase in demand for cash after reported calls by protesters to take out and convert their money to dollars in a bid to put pressure on the local authorities. After several weeks of chaos in the streets and a shutdown of the city’s airport, Read More

Trade tensions and a weaker yuan drive Chinese crypto demand, market players say

22 hours ago DieselGasoil Comments Off on Trade tensions and a weaker yuan drive Chinese crypto demand, market players say
LONDON/NEW YORK (Reuters) – Trade tensions between the United States and China and a weakening yuan are boosting demand for cryptocurrencies among Chinese investors, market players from Asia to New York said. FILE PHOTO: Small toy figurines are seen on representations of the Bitcoin virtual currency displayed in front of an image of China’s flag Read More

STAR Market tech board offers hope to Chinese venture capitalists

1 day ago DieselGasoil Comments Off on STAR Market tech board offers hope to Chinese venture capitalists
SHANGHAI/HONG KONG (Reuters) – When Chinese venture capital firm New Vision Capital invested in two startups focusing on cloud computing and micro-optics, the plan was to eventually take them public on the Nasdaq exchange. FILE PHOTO – A sign for STAR Market, China’s new Nasdaq-style tech board, is seen after the listing ceremony of the Read More

Peyto Exploration & Development Corp. Confirms Dividends for September 13, 2019

1 day ago DieselGasoil Comments Off on Peyto Exploration & Development Corp. Confirms Dividends for September 13, 2019
CALGARY, Alberta, Aug. 15, 2019 (GLOBE NEWSWIRE) — Peyto Exploration & Development Corp. (TSX: PEY) (“Peyto”) confirms that the monthly dividend with respect to August 2019 of $0.02 per common share is to be paid on September 13, 2019, for shareholders of record on August 31, 2019. The ex-dividend date is August 29, 2019. Dividends Read More

Sundance Energy Australia Limited Reports Second Quarter 2019 Financial and Operational Results

1 day ago DieselGasoil Comments Off on Sundance Energy Australia Limited Reports Second Quarter 2019 Financial and Operational Results
DENVER, Aug. 15, 2019 (GLOBE NEWSWIRE) — Sundance Energy Australia Limited (ASX: SEA) (NASDAQ: SNDE) (“Sundance” or the “Company”), a U.S. onshore oil and gas exploration and production company focused in the Eagle Ford in South Texas, reported its second quarter 2019 financial and operations results today. Second Quarter 2019 Financial Results Highlights Second quarter Read More

Argentina delays price freeze as oil sector warns of hit to investment, output

2 days ago DieselGasoil Comments Off on Argentina delays price freeze as oil sector warns of hit to investment, output
Buenos Aires — Argentina’s Energy Secretariat has delayed the enforcement of a 90-day freeze on diesel (gasoil) and gasoline prices that President Mauricio Macri proposed Wednesday, a move seen as appeasing the concerns of oil companies that it could slow drilling activity and production growth. Not registered? Receive daily email alerts, subscriber notes & personalize Read More

China’s trade threats deal fresh blow to world stocks

2 days ago DieselGasoil Comments Off on China’s trade threats deal fresh blow to world stocks
LONDON (Reuters) – China’s threat to impose counter-measures in retaliation for the latest U.S. tariffs knocked stocks sprawling on Thursday, checking earlier attempt to recover from a rout sparked by fears of a world recession. FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, August 14, Read More

Bitcoin slumps to two-week low on technical trading, market jitters

2 days ago DieselGasoil Comments Off on Bitcoin slumps to two-week low on technical trading, market jitters
FILE PHOTO: A collection of Bitcoin (virtual currency) tokens are displayed in this picture illustration taken December 8, 2017. REUTERS/Benoit Tessier/File Photo/File Photo LONDON (Reuters) – Bitcoin extended losses on Thursday after suffering its worst day for a month on Wednesday, with traders citing factors ranging from technical trading to jitters in traditional markets washing Read More