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Oil gains alongside U.S. dollar weakness, potential OPEC+ action
newscatcher
2022-08-23 18:30
Oil gains alongside U.S. dollar weakness, potential OPEC+ action
Oil rallied as the dollar wobbled and markets digested the possibility of OPEC+ cutting production in order to stabilize the volatile futures market.  West Texas Intermediate rose 3.7 per cent to over US$93 a barrel while Brent futures surpassed US$100 a barrel as dollar weakness made commodities prices in the currency more attractive. Traders are weighing the potential of OPEC+ decreasing its crude output after Saudi Oil Minister Prince Abdulaziz bin Salman told Bloomberg 'extreme' volatility is disconnecting futures prices from fundamentals.

https://www.bloomberg.com/news/articles/2022-08-23/oil-gains-after-saudis-flag-opec-action-to-arrest-price-slide

#bloomberg
Oil gains alongside U.S. dollar weakness, potential OPEC+ action
Oil rallied as the dollar wobbled and markets digested the possibility of OPEC+ cutting production in order to stabilize the volatile futures market.  West Texas Intermediate rose 3.7 per cent to over...
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How Xi's Shakeup Shattered Decades of Succession Rules in China
newscatcher
2022-10-25 18:31
How Xi's Shakeup Shattered Decades of Succession Rules in China
The president tossed out precedent in promoting key allies to run the Communist Party China's new top leaders look a lot like the old ones: Seven men in dark suits led by Xi Jinping. But the Politburo Standing Committee unveiled Sunday in Beijing shattered decades of expectations about how power is transferred in the world's second-largest economy. Just by walking out on the red carpet at the Great Hall of the People, Xi upended the most consequential norm of all: handing over the reins of the Communist Party.

https://www.bloomberg.com/graphics/2022-china-party-congress-xi-new-leaders/

#bloomberg
How Xi's Shakeup Shattered Decades of Succession Rules in China
The president tossed out precedent in promoting key allies to run the Communist Party China's new top leaders look a lot like the old ones: Seven men in dark suits led by Xi Jinping. But the Politburo...
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The Movie Composer Behind Interstellar and Gladiator Is Selling Out Arenas
newscatcher
2023-06-28 01:32
The Movie Composer Behind Interstellar and Gladiator Is Selling Out Arenas
Over the course of his prolific career, Hans Zimmer has composed music for more than 150 films, ranging from Dune to Gladiator to Pirates of the Caribbean. As a result, an individual's transformation from casual filmgoer to zealous Zimmer superfan can progress along any number of cinematic routes. But often the roots can be traced back to one particular movie soundtrack, or even one particular song. For Stacey MacNaught it happened during a car ride with one of her children. One day, she was driving her son back from soccer practice, listening to Time, a poignant, complex instrumental number that Zimmer composed for the 2010 sci-fi flick Inception, directed by Christopher Nolan.

https://www.bloomberg.com/graphics/pop-star-ranking/2023-june/the-movie-composer-behind-interstellar-and-gladiator-is-selling-out-arenas.html

#bloomberg
The Movie Composer Behind Interstellar and Gladiator Is Selling Out Arenas
Over the course of his prolific career, Hans Zimmer has composed music for more than 150 films, ranging from Dune to Gladiator to Pirates of the Caribbean. As a result, an individual's transformation ...
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Oil rises for third day as tighter market vies with demand risks
newscatcher
2023-08-21 11:30
Oil rises for third day as tighter market vies with demand risks
Oil rose for a third day as signs the physical market is tightening offset growing demand risks in China and the U.S. Global benchmark Brent traded above US$85 a barrel and is up more than two per cent since last Wednesday's close. The most immediate parts of the oil futures curve are pointing to tight supplies as curbs from OPEC+ linchpins Russia and Saudi Arabia help propel crude prices higher. There was also some support from wider markets, with European equities trading higher and U.S. futures also pointing to a firmer open on Monday.

https://www.bloomberg.com/news/articles/2023-08-21/latest-oil-market-news-and-analysis-for-august-21

#bloomberg
Oil rises for third day as tighter market vies with demand risks
Oil rose for a third day as signs the physical market is tightening offset growing demand risks in China and the U.S. Global benchmark Brent traded above US$85 a barrel and is up more than two per cen...
Read More
0
Oil gains alongside U.S. dollar weakness and potential OPEC+ action
newscatcher
2022-08-23 18:30
Oil gains alongside U.S. dollar weakness and potential OPEC+ action
Oil rallied as markets digested the possibility of OPEC+ cutting production in order to stabilize the volatile futures market.  West Texas Intermediate rose 3.7 per cent to over US$93 a barrel on Tuesday, getting an extra boost as the dollar slid, making commodities priced in the currency more attractive. Prices rallied above US$90 after Saudi Oil Minister Prince Abdulaziz bin Salman told Bloomberg 'extreme' volatility is disconnecting futures prices from fundamentals.   'Oil is rebounding this morning as the topic of production cuts has surfaced amid recent price weakness and a growing chorus that paper markets are being distorted by low volumes and fewer participants,' said Stacey Morris, head of energy research at VettaFi.

https://www.bloomberg.com/news/articles/2022-08-23/oil-gains-after-saudis-flag-opec-action-to-arrest-price-slide

#bloomberg
Oil gains alongside U.S. dollar weakness and potential OPEC+ action
Oil rallied as markets digested the possibility of OPEC+ cutting production in order to stabilize the volatile futures market.  West Texas Intermediate rose 3.7 per cent to over US$93 a barrel on Tues...
Read More
0
Stocks, U.S. equity futures climb as dollar slides
newscatcher
2022-09-09 10:30
Stocks, U.S. equity futures climb as dollar slides
Stocks and US equity futures advanced Friday as investors assessed whether monetary tightening to tackle inflation in the US and Europe is getting closer to being priced in. A gauge of dollar strength dropped the most in a month. Europe's Stoxx 600 Index jumped more than 1.5 per cent as miners rallied on optimism over Chinese demand, while banks surged following the European Central Bank's record rate hike. Gains in contracts on the S&P 500 and Nasdaq 100 exceeded 0.8 per cent.  The euro touched the highest level in three weeks after the ECB raised rates 75 basis points Thursday.

https://www.bloomberg.com/news/articles/2022-09-08/hawkish-fed-chorus-points-to-cautious-open-in-asia-markets-wrap

#bloomberg
Stocks, U.S. equity futures climb as dollar slides
Stocks and US equity futures advanced Friday as investors assessed whether monetary tightening to tackle inflation in the US and Europe is getting closer to being priced in. A gauge of dollar strength...
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Oil gains amid U.S. dollar weakness and potential OPEC+ action
newscatcher
2022-08-23 20:30
Oil gains amid U.S. dollar weakness and potential OPEC+ action
Oil rallied as the dollar wobbled and markets considered the possibility of OPEC+ cutting production in order to stabilize the volatile futures market.  West Texas Intermediate rose 3.7 per cent  to settle above US$93 a barrel on Tuesday after getting an extra boost as the dollar weakened, making commodities priced in the currency more attractive. Brent settled above US$100 for the first time since the beginning of August. Traders are weighing the potential of OPEC+ decreasing its crude output after Saudi Oil Minister Prince Abdulaziz bin Salman told Bloomberg futures prices are increasingly disconnected from fundamentals.

https://www.bloomberg.com/news/articles/2022-08-23/oil-gains-after-saudis-flag-opec-action-to-arrest-price-slide

#bloomberg
Oil gains amid U.S. dollar weakness and potential OPEC+ action
Oil rallied as the dollar wobbled and markets considered the possibility of OPEC+ cutting production in order to stabilize the volatile futures market.  West Texas Intermediate rose 3.7 per cent  to s...
Read More
0
U.S. stocks in retreat as dollar advance resumes
newscatcher
2023-09-26 15:36
U.S. stocks in retreat as dollar advance resumes
The information you requested is not available at this time, please check back again soon. Video Vildana Hajric and Cristin Flanagan , Bloomberg News U.S. stock markets retreated Tuesday as investors priced in a protracted period of high interest rates. A selloff in government bonds paused while the dollar climbed. The S&P 500 and Nasdaq 100 both lost more than one per cent as the equities benchmarks gave back Monday's modest gains. Tesla was among the laggards, slumping amid an ongoing European Union probe of Chinese electric vehicle subsidies, while Comerica Inc.

https://www.bloomberg.com/news/articles/2023-09-25/stock-market-today-dow-s-p-live-updates

#bloomberg
U.S. stocks in retreat as dollar advance resumes
The information you requested is not available at this time, please check back again soon. Video Vildana Hajric and Cristin Flanagan , Bloomberg News U.S. stock markets retreated Tuesday as investors ...
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Bond selloff pauses; U.S. stocks retreat for fourth day
newscatcher
2023-09-26 11:30
Bond selloff pauses; U.S. stocks retreat for fourth day
The information you requested is not available at this time, please check back again soon. Video Alice Atkins and Alex Nicholson , Bloomberg News A selloff in bonds paused and the dollar steadied, while shares in Europe retreated for a fourth day.  The Stoxx 600 benchmark slipped 0.6 per cent Tuesday and U.S. equity futures declined, putting the MSCI All Country World Index, one of the broadest measures of global equities, on track to match its longest losing streak in the past decade.

https://www.bloomberg.com/news/articles/2023-09-25/stock-market-today-dow-s-p-live-updates

#bloomberg
Bond selloff pauses; U.S. stocks retreat for fourth day
The information you requested is not available at this time, please check back again soon. Video Alice Atkins and Alex Nicholson , Bloomberg News A selloff in bonds paused and the dollar steadied, whi...
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How Taiwanese Bubble Tea Has Taken Over the US
newscatcher
2023-03-30 22:36
How Taiwanese Bubble Tea Has Taken Over the US
By and Jinshan Hong A classic Asian drink has become one of the US's fastest-growing refreshments — creating a global food export stranglehold for Taiwan, its place of origin. Bubble tea, also known as boba, is named for the chewy, rubbery tapioca balls that give the sweet beverage its unique mouthfeel, commonly known among boba addicts as 'QQ.' Its popularity has surged around the world in the last two years, particularly in America — 2022 trade data shows that these pearls are now US's biggest food import from Taiwan, a rare pandemic-era success at a time when consumers everywhere cut back on discretionary spending and food outlets struggled to stay afloat.

https://www.bloomberg.com/graphics/2023-bubble-tea-us-taiwan/?srnd=premium-middle-east

#bloomberg
How Taiwanese Bubble Tea Has Taken Over the US
By and Jinshan Hong A classic Asian drink has become one of the US's fastest-growing refreshments — creating a global food export stranglehold for Taiwan, its place of origin. Bubble tea, also known a...
Read More
0
Oil gains alongside U.S. dollar weakness, possible OPEC+ action
newscatcher
2022-08-23 19:30
Oil gains alongside U.S. dollar weakness, possible OPEC+ action
Oil rallied as the dollar wobbled and markets digested the possibility of OPEC+ cutting production in order to stabilize the volatile futures market.  West Texas Intermediate rose 3.7 per cent to over US$93 a barrel while Brent futures surpassed US$100 a barrel as dollar weakness made commodities prices in the currency more attractive. Traders are weighing the potential of OPEC+ decreasing its crude output after Saudi Oil Minister Prince Abdulaziz bin Salman told Bloomberg 'extreme' volatility is disconnecting futures prices from fundamentals.

https://www.bloomberg.com/news/articles/2022-08-23/oil-gains-after-saudis-flag-opec-action-to-arrest-price-slide

#bloomberg
Oil gains alongside U.S. dollar weakness, possible OPEC+ action
Oil rallied as the dollar wobbled and markets digested the possibility of OPEC+ cutting production in order to stabilize the volatile futures market.  West Texas Intermediate rose 3.7 per cent to over...
Read More
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