Europe stocks gain; oil jumps on Middle East tensions

22 Juillet, 2019, 17:42 | Auteur: Auguste Feret
  • Europe stocks gain; oil jumps on Middle East tensions

The GBP/USD pair slipped 0.1% as concerns over the prospect of a no-deal Brexit continue to build.

New York Fed President John Williams sounded dovish last week, pushing up the odds of the central bank lowering rates by 50 basis points at its July 30-31 meeting.

Boston Federal Reserve President Eric Rosengren on Friday pushed back against expectations for an interest-rate cut when Fed policymakers meet later this month, saying the USA economy does not need a boost the way some other countries might.

The resulting risk-on in the U.S. stocks, however, was short-lived with Wall Street shares ending with losses on Friday, as Williams' walked back on hs comments by saying that his speech wa snot about the upcoming policy meeting.

Markets welcomed the news, which some investors took to mean the Fed could cut benchmark lending rates by as much as 50 basis points (bps), something it has not done since the worst moments of the 2008 global financial crisis.

The U.S. dollar index that tracks the greenback against a basket of other currencies inched up 0.1% to 96.875 by 1:01 AM ET (05:01 GMT).

In commodities, Brent crude futures were up 1.55% at $63.44 per barrel following an increase of about 0.9% on Friday.

Equifax to pay up to $700 million in 2017 data breach settlement
The breach impacted 150 million people . "This settlement requires that the company take steps to improve its data security". The bureau coordinated its investigation with the Federal Trade Commission and attorneys general from across the U.S.

Falgoux forfait, Baille le remplace — Coupe du Monde
Il va rejoindre le groupe du XV de France réuni depuis jeudi dernier au Cap-d'Ail et Monaco. Le Clermontois est remplacé dans le groupe par le Toulousain Cyril Baille .

Song-Song couple divorces without division of property: Song Hye-kyo's agency
They got married in a star-studded wedding ceremony on October 31, 2017 at Youngbingwan, Hotel Shilla in Seoul. Actress Song Hye Kyo's divorce was finalized today (July 22) at the Seoul Family Court.

The dollar fell against the Japanese yen, with up 0.4% to 107.64. It was also lower against the euro at 89.98 EURGBP=D3.

There was some upbeat news for investors as China's Xinhua news agency said importers had started an arrangement to buy USA agricultural goods, a week after President Donald Trump warned he could impose more tariffs if Beijing did not move quickly enough on the trade talks.

All this interest rate speculation ended up overshadowing news that Iran said it seized two British-flagged oil tankers in the Strait of Hormuz in the Persian Gulf, raising tension in the area a day after the United States claimed to have shot down an Iranian drone (which the Iranians naturally denied).

In commodities, Brent crude futures and U.S. crude futures jumped more than $1 dollar to $63.86 and $56.7 per barrel following a 1 per cent jump on Friday.

Oil prices jumped Monday after Iran seized a British tanker in the Gulf, fuelling fresh concerns about supplies and a possible conflict in the crude-rich Middle East.

Spot gold hovered at $1,425.9 an ounce after rising as high as $1,452.60 on Friday, its strongest since May 2013.

Conseillé:



Populaire

The new Harley Quinn animated series is anything but kid-friendly
The edgy cartoon features Kaley Cuoco voicing the Queenpin of Gotham as she wreaks havoc on both the heroes and villains of Gotham City.

Le jackpot pour De Gea — Manchester United
Chaque mercato , le Red Devil est annoncé sur le départ, cependant, son club a toujours trouvé les arguments pour le retenir. Le Sunday Telegraph annonce la prolongation imminente de David De Gea avec Manchester United.

Euro U19: Les Bleuets enchaînent et défieront l'Espagne
Dietsch s'est même fait peur en relâchant un ballon juste devant sa ligne après un corner en fin de première période. Les hommes de Lionel Rouxel n'ont malgré tout pas eu de mal à dominer leurs adversaires de la tête et des épaules.

Air raids by Syrian army and Russian ally kill at least 11
His British counterpart, Karen Pierce, seemed skeptical. "But let's get a proper look into that and get a proper answer". On Sunday, government bombing in Idlib killed at least 11 civilians according to the Observatory and first responders.

James Milner yet to be offered new contract
It's a slightly odd one that a player as professional as Milner - who keeps himself fighting fit and is unlikely to decline rapidly after extending - hasn't been tied down.

En pleine canicule, la police demande aux criminels de rester tranquille
Et contrairement à ce que l'on pourrait penser de prime abord, non, il ne s'agit pas d'un fake ou d'un piratage. La police de Braintree a toutefois confirmé à CNN qu'elle était bien à l'origine de ce post.

Les violentes charges contre sa venue à l'Assemblée — Greta Thunberg
L'adolescente de 16 ans a reçu dimanche le Prix Liberté 2019 à Caen en présence de vétérans du Débarquement de Normandie de 1944. La présence de Greta Thundberg à l'Assemblée nationale ce mardi provoque de vives réactions d'une partie de la classe politique.

Chinese companies seeking new purchases of U.S. farm products
But Trump said on July 11 that China was not living up to its promises of buying more United States farm goods. Trump noted at the time that China promised to purchase more United States agricultural products.

Manchester United 'Finally Agree' To Sensational £80m Deal For Maguire
Maguire has been targeted by Manchester United after another impressive campaign with The Foxes. We understand the situation from all points of view because United and City are big clubs.

Blade Casting: Mahershala Ali Demanded Marvel Role, Says Kevin Feige
There was rapturous applause and screams as Ali took to the stage to reveal he would take on the role of the day walker. Jeremy Renner will play Clint Barton in the upcoming series Hawkeye , which will debut on Disney + in fall 2021.