Latest Market News
Shares of Marathon Oil Corp. MRO, +4.02% powered up 2.4% in afternoon trading Friday toward a 3 1/2-year high, as the oil and gas exploration and production company benefited from the spike up in oil prices to a 14-year high, and as the company’s credit rating was put in position to be lifted out of […]
Another spike in the dollar FRA-OIS spread (an indicator of credit and liquidity risk in the interbank market) suggests that stress mounts in the dollar funding market. And although it is far from the levels of the spring 2020, the demand for dollars is growing because of this. Today’s Payrolls report may also strengthen the […]
WithFed chairman Powell having confirmed the Fed’s intentions to hike rates at thecoming March meeting, the prospect of today’s data creating any meaningful liftin USD appears slim. Unless we see a strong, strong upside beat on the keynumbers, the impact is likely to be rather muted. Indeed, with the NFP andaverage hourly earnings both expected […]
Olive Allen, a Russian national and artist who has lived in the United States for more than 11 years, has burned her mother country’s passport in the hopes of raising awareness and funds related to the military conflict in Ukraine. Speaking to Cointelegraph on Friday, Allen described herself as “a child of new Russia” and […]
White House press secretary Jen Psaki on Friday said the Biden administration is “looking at ways to reduce the import of Russian oil,” with her remarks coming a day after she appeared to pour cold water on a push in Congress to ban Russian crude. “We are looking at options we could take right now […]
ANNOUNCEMENT BY THE FINANCIAL SERVICES AND MARKETS AUTHORITY, PUBLISHED IN APPLICATION OF ARTICLE 7, § 3, OF THE LAW OF 2 AUGUST 2002 Trading in the financial instruments of Biocartis BE0974281132 on Euronext Brussels will re-open on 29/11/2017 at 09:00 CET. Source: FSMA