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Central banks’ dovish cooing keeps world stocks lulled near two-week highs

5 hours ago DieselGasoil Comments Off on Central banks’ dovish cooing keeps world stocks lulled near two-week highs
LONDON (Reuters) – World stocks held near two-week highs on Wednesday as investors bet on a worldwide wave of central bank stimulus, with expectations building that the United States and the euro zone may deliver interest rate cuts as early as July. A man is reflected on an electronic board showing a graph analyzing recent Read More

Crude oil futures steady as more clarity emerges on OPEC meet, API data

10 hours ago DieselGasoil Comments Off on Crude oil futures steady as more clarity emerges on OPEC meet, API data
Singapore — Crude oil futures were largely steady during mid-morning trade in Asia Wednesday as more clarity emerged on the dates for the upcoming bi-annual OPEC/non-OPEC meeting for Vienna, while a mildly bullish weekly report on US crude inventories also provided some support. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Read More

Oil gains amid Middle East tensions, U.S.-China trade deal hopes

10 hours ago DieselGasoil Comments Off on Oil gains amid Middle East tensions, U.S.-China trade deal hopes
TOKYO (Reuters) – Oil prices extended gains on Wednesday after rising in the previous session on rekindled hopes for a U.S.-China trade deal and on the potential for conflict between the U.S. and Iran in the Middle East after tanker attacks there last week. Pumpjacks are seen against the setting sun at the Daqing oil Read More

Asian shares climb, wager all on dovish Fed, trade hopes revive

10 hours ago DieselGasoil Comments Off on Asian shares climb, wager all on dovish Fed, trade hopes revive
SYDNEY (Reuters) – Asian shares hit five-week highs on Wednesday as investors hoped the Federal Reserve would follow the lead of the European Central Bank and open the door to future rate cuts at its policy meeting later in the day. A man is reflected on an electronic board showing a graph analyzing recent change Read More

Asian shares jump on Fed rate fever, trade war hope

13 hours ago DieselGasoil Comments Off on Asian shares jump on Fed rate fever, trade war hope
SYDNEY (Reuters) – Asian share markets jumped on Wednesday as investors dared to hope the Federal Reserve would follow the lead of the European Central Bank and open the door to future rate cuts at its policy meeting later in the day. A man is reflected on an electronic board showing a graph analyzing recent Read More

Oil extends gains amid Middle East tensions, U.S.-China trade deal hopes

13 hours ago DieselGasoil Comments Off on Oil extends gains amid Middle East tensions, U.S.-China trade deal hopes
TOKYO (Reuters) – Oil prices climbed on Wednesday, extending sharp gains from the previous session on rekindled hopes for a U.S.-China trade deal and on continued tensions in the Middle East after tanker attacks there last week. Pumpjacks are seen against the setting sun at the Daqing oil field in Heilongjiang province, China December 7, Read More

Wall Street nears record as mood on trade again turns optimistic

16 hours ago DieselGasoil Comments Off on Wall Street nears record as mood on trade again turns optimistic
(Reuters) – Wall Street surged on Tuesday and the S&P 500 approached a record high after Washington rekindled trade talks with Beijing, boosting sentiment along with growing investor confidence that the Fed will cut interest rates this year. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, Read More

Crude soars as Trump-Xi meeting, ECB stimulus diminishes demand-growth concerns

17 hours ago DieselGasoil Comments Off on Crude soars as Trump-Xi meeting, ECB stimulus diminishes demand-growth concerns
New York — Oil futures settled sharply higher Tuesday as the market eyed a possible thaw in Sino-US trade relations after US President Donald Trump announced he would meet with Chinese President Xi Jinping later this month. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now NYMEX July WTI settled Read More

U.S., China rekindle trade talks ahead of Trump-Xi G20 meeting

20 hours ago DieselGasoil Comments Off on U.S., China rekindle trade talks ahead of Trump-Xi G20 meeting
WASHINGTON (Reuters) – China and the United States are rekindling trade talks ahead of a meeting next week between Presidents Donald Trump and Xi Jinping, cheering financial markets with hope that an escalating trade war between the two countries would abate. FILE PHOTO: FILE PHOTO: U.S. President Donald Trump and China’s President Xi Jinping meet Read More

Wall St. pushes higher on trade hopes, dovish Fed bets

20 hours ago DieselGasoil Comments Off on Wall St. pushes higher on trade hopes, dovish Fed bets
(Reuters) – Wall Street’s main indexes rallied on Tuesday, with the S&P 500 inching close to record levels, as President Donald Trump’s comments on restarting trade talks with China added to optimism of a more accommodative Federal Reserve. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, Read More