Category: South America

myfisensemyfisenseSeptember 13, 2021

(Bloomberg) — European shares and U.S. futures climbed ahead of critical U.S. inflation data this week that traders will use to assess expectations about the timing of stimulus withdrawal and interest-rate hikes. The dollar edged higher and Treasury yields were little changed. Contracts on the S&P 500 and Nasdaq 100 advanced after the indexes ended […]

myfisensemyfisenseSeptember 13, 2021

(Reuters) – Goldman Sachs said Hurricane Ida had a larger impact on oil production than on refinery demand, causing a net “bullish” impact on U.S. and global storage levels. The investment bank, in a note dated Sept. 9, described the hit to U.S. output as “historically large” and expects almost 40 million barrels of crude […]

myfisensemyfisenseSeptember 13, 2021

(Reuters) – European stocks rose on Monday, with oil, banks and utility shares driving gains as investors hoped that a strong euro zone economic recovery would outweigh risks from a global slowdown. The pan-European STOXX 600 index was up 0.4% after hitting a three-week low last week. Asian stocks, however, fell following news of fresh […]

myfisensemyfisenseSeptember 10, 2021

LONDON (Reuters) -Oil rose towards $73 a barrel on Friday, supported by growing signs of supply tightness in the United States as a result of Hurricane Ida and as U.S.-China trade hopes gave riskier assets a boost. About three-quarters of the U.S. Gulf’s offshore oil production, or about 1.4 million barrels per day, has remained […]

myfisensemyfisenseSeptember 8, 2021

LONDON (Reuters) – JPMorgan has struck a deal to buy a majority stake in German car giant Volkswagen’s payments business ahead of a planned rollout of in-car technology that allows drivers to automatically pay for fuel or tolls. The U.S. bank has agreed to buy close to 75% of Volkswagen Payments S.A. for an undisclosed […]

myfisensemyfisenseSeptember 8, 2021

The U.S. Securities and Exchange Commission has warned that it will sue Coinbase if it launches a new digital asset lending product, and also issued subpoenas to the cryptocurrency trading platform to provide it with more information, according to executives. Paul Grewal, Coinbase’s chief legal officer, said in a blog post that the company, which […]

myfisensemyfisenseSeptember 8, 2021

Sept 8 (Reuters) – U.S. payments giant PayPal Holdings Inc (PYPL.O) said it would acquire Japanese buy now, pay later (BNPL) firm Paidy in a $2.7 billion largely cash deal, taking another step to claim the top spot in an industry experiencing a pandemic-led boom. The deal tracks rival Square Inc’s (SQ.N) agreement last month to buy Australian BNPL success […]

myfisensemyfisenseSeptember 8, 2021

TOKYO (Reuters) – Bitcoin licked its wounds on Wednesday, a day after its heaviest losses in 2-1/2 months as El Salvador’s historic adoption of the crypto asset as legal tender caused chaos online and on the street. The coin last traded at $46,560, having endured wild trade the day before in which it hit a […]

myfisensemyfisenseAugust 30, 2021

By Anita Komuves BUDAPEST, Aug 30 (Reuters) – Most central European currencies gained on Monday, with the Hungarian forint outperforming, as the dollar traded near two-week lows following a dovish tone from the U.S. Federal Reserve on Friday. The dollar eased after Fed Chair Jerome Powell’s remarks at the Jackson Hole Symposium calmed fears over […]

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