Market Overview - Page 342

Oil prices registered their best quarterly performance in 30 years during the three months through to the end of June, staging a dramatic comeback after falling to record lows in April. Brent crude futures skyrocketed more than 80% in the.

Tesla became the world’s most valuable automaker on Wednesday, when the electric vehicle company’s market capitalization surpassed Toyota’s for the first time. Shares of Tesla gained 5% to hit a new all-time high of $1,135, giving the company a valuation.

ADP’s monthly labour market report noted US private sector employment growth of 2.37 million versus 3.07 a month earlier and close to the expected 2.85 million. The total number of employed in the private sector is 14.3 million lower than.

Germany this week over and over again surprises with economic releases better than median forecasts, but it turns out to be insufficient to form stable gains for the euro. Economically, this is easily explained by the still worsening situation. The.

Fresh from futures cracking $1,800 an ounce, the global gold market wants to know what the Federal Reserve may do next to rescue the U.S. economy, with minutes due later Wednesday that are expected to shed light on the central.

Russian President Vladimir Putin is on course to secure a resounding endorsement of his bid to extend his two-decade-long rule potentially up to 2036, as the Kremlin faces criticism for its heavy-handed efforts to marshal support. Putin, a former KGB.

Oil prices rose on Wednesday on improving factory activity in China and drawdown in U.S. crude inventories, both indicating an economic recovery and rise in energy demand despite surging coronavirus infections around the world. Brent crude was up 90 cents,.

By the beginning of the third quarter, a mixed picture of economic recovery has emerged across countries and sectors. In short, there are no surprises: weak industries have lost more and are recovering slower. This applies to different sectors and.

New U.S. COVID-19 cases rose by more than 47,000 on Tuesday according to a Reuters tally, the biggest one-day spike since the start of the pandemic, as the government’s top infectious disease expert warned that number could soon double. California,.

European travel and leisure stocks have rebounded in recent weeks but still have a long way to go before returning to pre-crisis levels. The Stoxx 600 travel and leisure sector, which covers 16 companies, sank 42% in the first quarter.

Asia’s economy is expected to shrink this year “for the first time in living memory,” the International Monetary Fund said, warning that the region could take several years to recover. The fund said in a blog post published Tuesday that.

Ether (ETH) options implied volatility, a measure of the expected price swings as per the options markets premium, has dropped below Bitcoin’s (BTC) for the first time ever. This could signal that investors have given up expectations of a price.