Day: May 11, 2020

May 11
Asian Shares push higher as more countries ease lockdowns

Asian shares followed Wall Street higher on Monday as investors looked ahead to more countries restarting their economies, even as some reported an unwelcome pick up in new coronavirus cases. Asian Shares MSCI (NYSE:MSCI)’s broadest index of Asia-Pacific shares outside Japan (MIAPJ0000PUS) firmed 1.1%. Japan’s Nikkei (N225) added 1.6%. Chinese blue chips (CSI300) 0.7%. E-Mini […]

May 11
Oil prices fell on Monday; fears of 2nd coronavirus wave

Oil prices fell on Monday as concern over a persistent glut and economic gloom caused by the coronavirus pandemic combined to cancel out support from supply cuts at some of the world’s top producers. Brent crude futures were down 29 cents, or 0.9%, at $30.68 a barrel. U.S. West Texas Intermediate crude futures fell 17 cents, […]

May 11
The Bank of Russia has recorded higher activity of illegal forex dealers

The Bank of Russia has recorded higher activity of illegal forex dealers offering their services online against the background of anti-pandemic restrictions and high volatility in financial markets. Many of these companies are registered abroad and are operating from foreign web resources. Almost all consumers entrusting their funds to such forex dealers ultimately lose their money. Illegal creditors have also increased their activity. Exploiting the fact that a lot of people […]