trading
Trading
Oil set for weekly loss on surplus fears despite OPEC+ cut extensions
Trading
Rattled by China, West scrambles to rejig critical minerals supply chains
Trading
UK’s FTSE 100 slips on utilities losses; indexes set for weekly gains
Trading
Analysis-Gas price shock set to add to Europe’s industrial pain
European stocks finish at one-month high, French politics in focus
Date: December 6, 2024
By Joao Manuel Vicente Mauricio and Johann M Cherian (Reuters) -European stocks closed at a more than one-month high on Thursday, aided by bank stocks as investors hoped a new budget could be passed in France after Prime Minister Michel Barnier’s government was toppled. The pan-European STOXX 600 finished 0.4% higher, logging its sixth-straight session...
Personal goods stocks lifts FTSE 100; Frasers slumps
Date: December 6, 2024
(Reuters) -Britain’s FTSE 100 index was barely changed on Thursday, as gains in the personal goods sector were limited by losses in real estate, while Frasers dropped to a more than two-year low after lowering its annual profit forecast. The blue-chip FTSE 100 was up 0.2%, while the midcap FTSE 250 was flat. The personal...
Bitcoin storms above $100,000 as Trump 2.0 fuels crypto euphoria
Date: December 5, 2024
(Reuters) – Bitcoin catapulted above $100,000 for the first time on Thursday, a milestone hailed even by sceptics as a coming-of-age for digital assets as investors bet on a friendly U.S. administration to cement the place of cryptocurrencies in financial markets. Once it broke $100,000 in Thursday’s Asian morning, boosted by U.S. President-elect Trump’s nomination...
Bitcoin tops $100,000, stocks party at record highs
Date: December 5, 2024
By Lawrence Delevingne and Dhara Ranasinghe BOSTON/LONDON (Reuters) -Bitcoin broke $100,000 on Thursday as investors bet on a friendly U.S. regulatory shift, while world stocks touched fresh record highs with sentiment bolstered by upbeat comments on the economy from Federal Reserve chief Jerome Powell. France’s government lost a confidence vote late on Wednesday for the...
Euro ticks up despite French government collapse; bitcoin breaks $100,000
Date: December 5, 2024
By Ankur Banerjee and Harry Robertson SINGAPORE/LONDON (Reuters) – The euro picked up on Thursday despite the collapse of the French government, which had been widely expected, while bitcoin galloped past $100,000 for the first time and the yen rallied as traders looked to the Bank of Japan decision on Dec. 19. Bitcoin, the world’s...
Sterling ticks higher in third day of gains
Date: December 5, 2024
By Harry Robertson LONDON (Reuters) – The British pound rose for a third consecutive session on Thursday as it continued to recover from a six-month trough hit in late November. Sterling climbed 0.15% on Thursday to $1.2721, up from a recent low of $1.2475 on Nov. 22. The euro was flat versus sterling at 82.78...