Europe stocks gain; oil jumps on Middle East tensions
22 Juillet, 2019, 17:42 | Auteur: Auguste Feret
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.
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.
Maybe we should, but he doesn't want to take a small fight, he wants the big fight and that's Joshua-Ruiz two". A date is still set to be announced for the rematch, though a slot at the end of 2019 is expected.
She added that what 'It is not a problem against black people. "This is so much bigger than pageantry", she said in a video . She now claims being discriminated against on the basis of her political views.
Et c'est une star de la chanson française qui tentera de succéder à Clément Rémiens, le gagnant de Danse avec les stars 9. Il était composé l'an dernier de Chris Marques, Jean-Marc Généreux, Shy'm et Patrick Dupond.
Mussina pitched for 18 major league seasons and spent his entire career in the high-scoring AL East with the Orioles and Yankees . Rivera is the first player in history to be unanimously voted into the Hall of Fame.
That group then shared more of the stolen information on Twitter on Thursday and with the media in Russia, ZDNet reported. Early this February, Russia unveiled plans for an internet "kill switch" to protect itself against cyberwars .
Almost 50,000 New York City residents lost power on Sunday evening as the third day of an intense heat wave grips the city. According to the Associated Press , equipment failure, and not heat, caused the NY center to go out.
The Japanese national had taken over from Mohamed ElBaradei a decade ago and his third term was due to run until November 2021. The IAEA said its flag would be lowered to half-mast in tribute to its leader.
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.