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Yields rise on German fiscal stimulus hopes

19 hours ago DieselGasoil Comments Off on Yields rise on German fiscal stimulus hopes
NEW YORK (Reuters) – Benchmark U.S. Treasury yields rose on Friday on a report that Germany may be open to running a deficit to boost growth, while stronger stock markets also reduced demand for safe haven debt. FILE PHOTO: A sign marks the U.S Treasury Department in Washington, U.S., August 6, 2018. REUTERS/Brian Snyder Government Read More

China’s biggest energy company shuns Venezuela oil on tighter U.S. sanctions

23 hours ago DieselGasoil Comments Off on China’s biggest energy company shuns Venezuela oil on tighter U.S. sanctions
By Lucia Kassai on 8/16/2019 HOUSTON (Bloomberg) – China’s biggest energy company is backing away from direct purchases of Venezuelan crude as the Trump administration tightens sanctions against the South American nation. China National Petroleum Corp. has canceled plans to load about 5 MMbbl of Venezuelan oil onto ships this month in the aftermath of Read More

Wall Street climbs at end of turbulent week

1 day ago DieselGasoil Comments Off on Wall Street climbs at end of turbulent week
(Reuters) – Hopes of more official stimulus for the economy and the easing of a bond market rally drove a broad rise in U.S. stocks on Friday, as a bruising week for markets drew to a close. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., Read More

Wall Street set to bounce after turbulent week

1 day ago DieselGasoil Comments Off on Wall Street set to bounce after turbulent week
(Reuters) – Hopes of more official stimulus for the economy and the easing of a bond market rally put Wall Street on track to open sharply higher on Friday, as a bruising week for markets drew to a close. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New Read More

Asia stocks take heart in stimulus speculation

1 day ago DieselGasoil Comments Off on Asia stocks take heart in stimulus speculation
SYDNEY (Reuters) – Asian shares found some footing on Friday after a turbulent week as China hinted at more support for its economy, amid growing expectations of aggressive stimulus from all the major central banks. FILE PHOTO: An investor looks at an electronic board showing stock information at a brokerage house in Shanghai, China September Read More

Asia stocks nurse losses, bonds hold huge gains

2 days ago DieselGasoil Comments Off on Asia stocks nurse losses, bonds hold huge gains
SYDNEY (Reuters) – Asian shares were heading for weekly losses on Friday as conflicting messages on the Sino-U.S. trade war only added to worries for the global economy, while talk of aggressive central bank stimulus drove bond yields to fresh lows. FILE PHOTO: An investor looks at an electronic board showing stock information at a Read More

GE stock drops as whistleblower levels accounting accusations

2 days ago DieselGasoil Comments Off on GE stock drops as whistleblower levels accounting accusations
By Tony Robinson on 8/15/2019 NEW YORK (Bloomberg) – General Electric Co. fell in early trading after a whistle-blower accused the company of masking financial problems. Harry Markopolos, who had raised concerns over investment manager Bernie Madoff before his Ponzi scheme was exposed, said GE has understated liabilities in its insurance unit and hasn’t properly 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