newszine

Shares inch higher after Fed cut; BOJ, SNB, BoE keep powder dry

2 hours ago DieselGasoil Comments Off on Shares inch higher after Fed cut; BOJ, SNB, BoE keep powder dry
LONDON (Reuters) – World share markets and bond yields nudged modestly higher on Thursday as the U.S. Federal Reserve’s second interest rate cut of the year and promises of support from other top central banks kept global recession jitters at bay. FILE PHOTO: The London Stock Exchange Group offices are seen in the City of Read More

Wall Street futures tick lower after mixed policy signals from Fed

3 hours ago DieselGasoil Comments Off on Wall Street futures tick lower after mixed policy signals from Fed
FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., September 18, 2019. REUTERS/Brendan McDermid (Reuters) – U.S. stock index futures were lower on Thursday after the Federal Reserve delivered a widely expected interest rate cut but played down hopes of further monetary easing. New projections showed Read More

Oil rises amid doubts about speed of Saudi recovery from attacks

3 hours ago DieselGasoil Comments Off on Oil rises amid doubts about speed of Saudi recovery from attacks
By Grant Smith on 9/19/2019 LONDON (Bloomberg) – Oil rose amid doubts about the speed of Saudi Arabia’s recovery from the weekend’s attack on its facilities that knocked out a large chunk of its production. Futures gained 2.1% in New York after paring around half of Monday’s 15% surge over the past two days. The Read More

Crude oil futures steady amid US stockbuild, geopolitical risks

10 hours ago DieselGasoil Comments Off on Crude oil futures steady amid US stockbuild, geopolitical risks
Singapore — Crude oil futures were largely steady during mid-morning trade in Asia Thursday amid a combination of bullish and bearish factors emerging from a build in US crude stocks and ongoing supply and geopolitical risks in the Middle East. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now At Read More

Dubai futures: Brent/Dubai spread tightens as Saudi Arabia seeks Iraqi crude

10 hours ago DieselGasoil Comments Off on Dubai futures: Brent/Dubai spread tightens as Saudi Arabia seeks Iraqi crude
Singapore — Benchmark Dubai crude futures’ discount to ICE Brent tightened in mid-morning trading in Asia Thursday, as sour crude traders digested news that Saudi Arabia might look to Iraq for extra crude volume to meet its supply commitments to term customers and for its own refinery network. Not registered? Receive daily email alerts, subscriber Read More

Asian shares turn lower on guarded Fed, yen rises after BOJ

11 hours ago DieselGasoil Comments Off on Asian shares turn lower on guarded Fed, yen rises after BOJ
TOKYO (Reuters) – Asian shares turned lower on Thursday after the U.S. Federal Reserve cut interest rates as expected but signaled a higher bar to further policy easings. FILE PHOTO: A man sits in front of a screen displaying stock information at a brokerage house in Jinhua, Zhejiang province, China August 2, 2019. REUTERS/Stringer Treasury Read More

Asian shares edge higher after Fed, investors await BOJ

14 hours ago DieselGasoil Comments Off on Asian shares edge higher after Fed, investors await BOJ
TOKYO (Reuters) – Asian shares edged higher on Thursday, tracking some modest Wall Street gains after the U.S. Federal Reserve cut interest rates as expected but offered mixed signals on the next easing, keeping investors cautious. FILE PHOTO: A man sits in front of a screen displaying stock information at a brokerage house in Jinhua, Read More

Fed cuts interest rates, signals holding pattern for now

17 hours ago DieselGasoil Comments Off on Fed cuts interest rates, signals holding pattern for now
WASHINGTON (Reuters) – The U.S. Federal Reserve cut interest rates again on Wednesday to help sustain a record-long economic expansion but signaled a higher bar to further reductions in borrowing costs, eliciting a fast and sharp rebuke from President Donald Trump. Describing the U.S. economic outlook as “favorable,” Fed Chair Jerome Powell said the rate Read More

Stocks reverse losses, Treasury yields dip following remarks by Fed’s Powell

18 hours ago DieselGasoil Comments Off on Stocks reverse losses, Treasury yields dip following remarks by Fed’s Powell
NEW YORK (Reuters) – The S&P 500 and the Dow reversed losses to close higher on Wednesday and U.S. Treasury yields slipped after remarks by Federal Reserve Chair Jerome Powell tempered the market’s initial reaction to the U.S. central bank’s policy statement. Traders work on the floor at the New York Stock Exchange (NYSE) in Read More

Trump names new US national security advisor, likely maintaining Iran policy

18 hours ago DieselGasoil Comments Off on Trump names new US national security advisor, likely maintaining Iran policy
Highlights New advisor has called Iran ‘sworn enemy’ of US O’Brien appointed as US debates response to Saudi oil attacks Pompeo meeting with Saudi crown prince Washington — US President Trump on Wednesday named Robert C. O’Brien as his new national security advisor, diminishing the dim prospect that US sanctions on Iranian oil flows may Read More