Global Stock Market

A report from the OPEC + group seen by Reuters showed that the production of the alliance of oil producers was less than production targets in March by 1.45 million barrels per day, with the beginning of a decline in Russia’s production after the sanctions imposed by the West. The …

Japan’s Nikkei rose on Tuesday, but was unable to close above the psychologically important 27,000 point level, as concerns over the upcoming earnings season, a weaker yen and the outlook for US monetary policy limited its gains. The Nikkei closed up 0.69 percent to 26,985.09 points, after it swung in …

US stocks ended little changed in remarkably thin trading Monday and Treasuries ticked lower at the long-end of the curve as investors focused on corporate results and prospects for faster policy tightening by the US central bank.The S&P 500 closed down less than 0.1%, after swinging between narrow gains and …

US stock markets were closed for Good Friday and other holidays, while Asian indexes fell. US indexes finished the trading week with declines as investors worried about persistent inflation, prospects of economic slowdown. In addition to US stock markets, bond and commodities markets were also closed Friday. Economic DataFriday witnessed …

Wall Street’s biggest players have had a rough start to the year. All the biggest US banks saw negative profits in the first three months of 2022, ending a pandemic-era boom.Citi, Goldman Sachs, Morgan Stanley and Wells Fargo all announced large year-over-year profit declines in their first-quarter earnings reports Thursday, …

China surpassed the United States to become the European Union’s (EU) largest trading partner in 2020-21 thanks to strong demand during the pandemic. Despite EU frustrations with Beijing over its stance on the Ukraine war, trade ties will be hard to break, regardless of attempts by EU policymakers to diversify …

The size of China’s economy was $17.7 trillion in 2021, according to official figures, so 5.5 percent growth would mean about $1 trillion more in 2022. Using growth in 2019 as a basis for comparison, business investment in China would need to contribute about 1.5 percentage points toward the 5.5 …

Since the outburst of the war in East Europe, markets have massively increased their expectations for key US interest rates. This can be seen, among other things, in the rise in the yield on the 2-year US Treasury bond by around 0.9%% in just a few weeks.The basis for this …

Japan’s Industry Ministry said on Friday it will release six million barrels of oil from privately owned reserves, as part of its contribution to the second round of coordinated withdrawals from reserves led by the International Energy Agency to cool crude prices. Japan will release the amount of oil, which …

The Japanese Nikkei index declined Friday, April 15th, after being affected by the decline in the blue-chip technology shares that tracked the weak performance on Wall Street, but losses were limited after investors repurchased shares before a long holiday. The Nikkei index fell 0.29% to close at 27,093.19 points, but …