Market Overview - Page 144

A transition to renewable sources of energy will prompt a surge in demand for base metals in the coming years, Wood Mackenzie has predicted. In a report published Monday, analysts at the energy consultancy said that as governments fulfil commitments.

U.S. stock index futures were flat early on Wednesday, after the Dow and S&P 500 closed at record highs following the Senate passing the $1 trillion infrastructure bill. Futures contracts tied to the Dow Jones Industrial Average edged slightly lower..

Elon Musk offered SpaceX’s services to help NASA make its next-generation spacesuits, after a watchdog report on Tuesday said the agency’s current program is behind schedule and will cost more than $1 billion. “SpaceX could do it if need be,”.

Economic sentiment in Europe continues to deteriorate, as evidenced by the development of a decline in the ZEW index. The Economic Sentiment Index fell to 40.4 in August from 63.3 a month earlier and a peak of 84.4 in May..

Inaction could be a powerful option for Bank of England officials looking to scale back stimulus for the economy and shrink their swollen balance sheet. In a surprise move, Governor Andrew Bailey last week indicated that a “modest tightening” for.

Southeast Asia experienced a major surge in Covid-19 cases last month that has shown little signs of slowing, and the situation is expected to delay most of the region’s economic recovery. Major economies in this part of the world including.

U.S. stock futures were little changed early Tuesday morning after the Dow Jones Industrial Average and S&P 500 fell from record highs in regular trading on Monday amid concerns about a resurgence in Covid-19 cases. Dow Jones Industrial Average futures.

An Institutional Investor Hall of Famer sees an urgent need for investors in some of the most popular trades to diversify. Rich Bernstein, who has spent decades on Wall Street, is waving the red flag on long-duration assets ranging from.

“Buy now, pay later” options are becoming increasingly popular, but analysts warn of default risks given the lack of credit checks and “opaque” debt reporting. Not being able to check on consumers’ credit history could lead to lenders to underestimate.

China has tightened Covid-19 measures to combat an uptick in daily cases — a move that could hold back the country’s economic growth and hit its stock markets, said veteran strategist David Roche. Investor sentiment toward Chinese stocks has been.

People who are fully vaccinated against Covid-19 are highly protected against severe infection, hospitalization and death caused by the virus. But coronavirus cases among the fully vaccinated — so-called “breakthrough” Covid cases — are still being seen among those who.

China Inflation data came without major surprises. Consumer price growth slowed to 1% y/y while producer prices returned to a peak of 9% y/y, the highest since 2008. The bottom of the low base was in May 2020, which seriously.