investing
Investing
Oil mixed as investors weigh China demand and U.S. outlook
Investing
After a long, cold year, investors are flocking back to Europe
Investing
Cryptoverse: Bitcoin investors take control
Investing
Stocks, euro gain amid divergent Fed, ECB rate hike outlooks
Oil prices hit 7-week high on stronger China outlook
Date: January 23, 2023
By Stephanie Kelly NEW YORK (Reuters) -Oil prices rose by around 1% on Monday to a seven-week high, extending last week’s gains on the back of a stronger outlook thanks to an expected economic recovery in top oil importer China this year. Brent crude was up $1.12, or 1.3%, at $88.75 a barrel at 1:14...
Qatar Investment Authority raises stake in Credit Suisse to just under 7%
Date: January 23, 2023
By Hadeel Al Sayegh, Oliver Hirt and Andrew Mills DUBAI (Reuters) – Qatar’s sovereign wealth fund has increased its stake in Credit Suisse to just under 7%, becoming the Swiss bank’s second-largest shareholder after Saudi National Bank, in a sign that its Gulf investor base is growing in importance. The Qatar Investment Authority (QIA) bought...
7 Investment Tips to Keep in Mind Investing in 2023 Commercial Real Estate
Date: January 20, 2023
By: Eli Randel There’s no denying that uncertain financial times lie ahead. A recent poll by Bloomberg cited that 70% of economists predict a mild recession in 2023, following moderate growth the previous year. The U.S. economy faces the headwinds of increasing interest rates, stubborn inflation, a stagnant job market, and weak market exports abroad....
Analysis-Frankfurt ‘STIRs’ up euro clearing battle with London
Date: January 20, 2023
By Huw Jones LONDON (Reuters) – Frankfurt expands derivatives clearing on Monday in an early test of how well European Union ambitions to lure trillions of euros of business from London could work in practice. With Britain now outside the EU due to Brexit, Brussels wants to reduce heavy EU reliance on London for clearing...
European junk debt sales spring back to life as sentiment improves
Date: January 20, 2023
By Chiara Elisei LONDON (Reuters) – Junk-rated companies in Europe have raised $1.4 billion from bond sales this month as investors return to riskier debt after rising interest rates and Russia’s war in Ukraine froze markets last year. According to Refinitiv data, those sales so far in January add to almost $2.2 billion worth of...
Oil heads for second week of gains on China demand outlook
Date: January 20, 2023
By Noah Browning LONDON (Reuters) -Oil rose on Friday and was heading for a second straight weekly gain, spurred largely by brightening economic prospects for China and resulting expectations of a boost to fuel demand in the world’s second-biggest economy. The lifting of COVID-19 restrictions in China is set to increase global demand to a...