Market Overview - Page 371

Oil prices plunged for a second day in a row on Tuesday on concerns about dwindling global capacity to store more crude and fears that demand may be slow to recover even after countries ease restrictions to combat the coronavirus.

Most Asian shares made gains while U.S. stock futures fell on Tuesday amid choppy trade as a renewed decline in oil prices partially offset optimism about the easing of coronavirus-related restrictions. MSCI’s broadest index of Asia-Pacific shares outside Japan was.

The world markets started trading session on Tuesday with a dive into the red zone. However, they managed to return to growth in the wake of news about the spread of coronavirus. Growth in the number of cases on April.

Energy giant BP reported a significant fall in first-quarter net profit on Tuesday, as oil prices continue to dive amid intensifying concerns about the coronavirus crisis and dwindling storage capacity. The U.K.-based oil and gas company posted first-quarter underlying replacement.

Countries like Australia, New Zealand and South Korea are among the few which managed to buck the trend and put a lid on the coronavirus outbreak, at least for now. Their success has boosted investor confidence and it’s showing in.

BitMEX announced an ether quarterly futures product Friday, which it described as “the only one of its kind available in the market.” Settled in bitcoin, the contract trades the ether-dollar pair, and expiry is in June. This coincides with the.

Central banking mandates could be permanently refocused away from inflation after the coronavirus crisis, economists have told CNBC. The new coronavirus — which has infected 2.9 million people worldwide and killed more than 206,000 — is expected to spark a.

Market overview Futures on the SP500 add 1% before the start of the New York trading session after rising 1.4% on Friday. Positive dynamics are provided by optimism on a new package of measures to support small and medium-sized businesses.

Oil tankers — 27 of them — have been spotted lurking off the coast of southern California. The footage was taken by the U.S. Coast Guard, as the Coast Guard is monitoring the “increased presence” of oil tankers that are.

Bitcoin (BTC) has consolidated gains nearer $8,000 — but does the coming week have in store for the asset leaving stocks in the dust? After jumping 10% in a day last week, BTC/USD has managed to keep hold of its.

North Korean defector and activist Park Yeon-mi claims her source says Kim Jong-un is not dead, sick, or in a vegetative state. The country’s Supreme leader is reportedly in hiding, fearing a possible coronavirus infection. Park escaped North Korea in.

Investors are pinning their hopes for the reopening of the U.S. economy on the potential for wider availability of testing for COVID-19 cases and on drug trials for treatments of the deadly disease but said, until there is concrete progress.