Mining The Markets

Updated

Libya central bank showdown risks spiralling into wider crisis

BY Reuters  • September 2, 2024September 2, 2024
By Angus McDowall (Reuters) -A struggle to control the Central Bank of Libya (CBL) has already sparked a blockade of oil production and it threatens the worst crisis in years for the major energy expo[...]
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Turkey economy grew 3.2% in Q2; seen cooling to 3.35% in 2024

BY Reuters  • September 2, 2024September 2, 2024
ISTANBUL (Reuters) -Turkey’s economic growth is expected to have fallen to 3.2% in the second quarter of this year as tighter economic policies weighed, a Reuters poll showed on Thursday, with t[...]
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Japan’s Q2 capex rises strongly, signals solid domestic demand

BY Reuters  • September 2, 2024September 2, 2024
By Makiko Yamazaki TOKYO (Reuters) -Japanese corporate spending on plant and equipment rose at a faster pace in the second quarter, keeping alive expectations of a domestic-led recovery in economic gr[...]
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Morning Bid: China clouds global ‘Goldilocks’ outlook

BY Reuters  • September 1, 2024September 1, 2024
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Investors in Asia kick off the new trading month on the front foot, optimistic about a U.S. ‘soft landing’ and[...]
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U.S. stock rally broadens as investors await Fed

BY Reuters  • September 1, 2024September 1, 2024
By David Randall NEW YORK (Reuters) -A broadening rally in U.S. stocks is offering an encouraging signal to investors worried about concentration in technology shares, as markets await key jobs data a[...]
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China’s weak factory PMI raises pressure for consumer stimulus

BY Reuters  • August 31, 2024August 31, 2024
By Joe Cash BEIJING (Reuters) -China’s manufacturing activity sank to a six-month low in August as factory gate prices tumbled and owners struggled for orders, an official survey showed on Satur[...]
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US requests trade dispute consultations with Canada over new digital services tax

BY Reuters  • August 31, 2024August 31, 2024
By David Lawder WASHINGTON (Reuters) -The U.S. has requested trade dispute settlement consultations with Canada over its new digital services tax, the Biden administration said on Friday, adding that[...]
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Stocks end turbulent month higher as US data sets stage for rate cut

BY Reuters  • August 30, 2024August 30, 2024
By Chibuike Oguh and Naomi Rovnick NEW YORK/LONDON (Reuters) -Global stocks edged higher in choppy trading on Friday, making it the fourth consecutive month of gains despite a bout of heavy selling in[...]
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Dow notches record high close after upbeat economic data

BY Reuters  • August 30, 2024August 30, 2024
By Noel Randewich (Reuters) -Wall Street stocks rose and the Dow scored a second consecutive all-time closing high on Friday, with Tesla and Amazon climbing after fresh U.S. economic data raised expec[...]
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