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Oil futures rose sharply as concerns intensified over renewed strikes on Iran, attacks on shipping in the Gulf and production shut-ins ahead of Tropical Storm Isaias. WTI was up 4.7% at $92.46 a barrel and Brent gained 4.5% to $104.76.
Germany’s exports declined month-on-month in August, following a drop in July, while imports logged a moderate recovery, Destatis data showed.
Frankfurt’s DAX 40 fell 0.8% to below 24,900 in early trading on Thursday, extending losses from the previous session as rising oil prices heightened inflation concerns. Oil prices climbed further amid reports that the White House had asked the Pentagon to prepare strike options against Iran that could be carried out b
German exports declined 0.8% on the month to 137.6 billion euros in August, after a 0.5% drop in July, adding uncertainty around demand resilience.
By Don Nico ForbesGerman exports fell again in August, pointing to continued weakness in international demand and dimming hopes that trade will underpin the country's economic growth this year.Exports declined 0.8% on month to 137.6 billion euros ($154.08 billion), following a 0.5% decline in July…
U.S. stocks traded higher midway through trading, with the Dow Jones index surging around 350 points on Tuesday. The Dow traded up 0.69% to 51,622.17 while the NASDAQ jumped 0.79% to 27,694.08. The S&P 500 also rose, gaining, 0.86% to 7,840.48. Leading and Lagging Sectors Utilities shares jumped by 1.9% on Tuesday. In
World stocks rose on Tuesday, reaching two-week highs as falling oil prices and retreating bond yields steadied sentiment ahead of an earnings season expected to be driven by AI growth. S&P 500 futures pointed to a record-high open, while the Nasdaq was on track for a third consecutive all-time high.
Asian stocks rose on Tuesday after a tech-fuelled rally lifted the Nasdaq to a record close, with a retreat in oil prices offering further support even as longer-dated Treasury yields hovered near multi-decade highs. The euro languished near 17-month lows after briefly touching $1.116 overnight, pressured by mounting f
The euro fell about 2% in September to just below $1.14, while gas prices topped €80 per megawatt hour this month. Analysts said French and German bond spread widening and European political uncertainty are also weighing on the currency.
HIGHLIGHTS * Gov Barr (permanent FOMC voter)'s speech Tuesday is primarily on the longer-term outlook for the housing sector, but importantly he notes that his "base case" is for "further policy adjustments" (plural) * Iranian security chief Rezaii via Irib: "Iran has not been in a hurry to negotiate; today, Iran's con
* Oil has continued to trend lower during Wednesday's APAC session as talks continue on the sidelines of this week's UN gathering. The fact negotiations are even taking place to facilitate Middle East energy shipments is driving optimism in markets but the situation remains very precarious. UST futures are higher, but
EXECUTIVE SUMMARY * TRUMP HAILS 'VERY GOOD' IRAN TALKS FOLLOWING ANNIHILATION THREAT - BBG: #cdbad0a1-5c8d-4cdb-9819-370162b99299 * ZELENSKY ASKS TRUMP FOR WINTER ARMS PACKAGE, EXPECTS ENERGY-CEASEFIRE PUSH - WSJ: #a4c79a68-e487-466b-a806-4885fa3200e0 * LASTING SHOCKS, FIRMING DEMAND REQUIRE FED ACTION - BARKIN - MNI
Equinor (NYSE: EQNR ) reported second-quarter financial results on Wednesday. The transcript from the company's second-quarter earnings call has been provided below. This transcript is brought to you APIs. For real-time access to our entire catalog, please visit for a consultation. The full earnings call is available a