Currencies
The drop reflects lower income from the bank s U.S. dollar portfolio and the Securities Markets Program as a result of redemptions.Today s AgendaAll times CET. It shed 41 cents the previous session to $63.93.The dollar was unchanged at 105.67 yen. Von der Leyen, EU Council President Michel, NATO s Stoltenberg speak at Munich Security Conference Euro-area flash PMIsLike the Brussels Edition?Don t keep it to yourself. The euro held steady at $1.2086.
Oil
While analysts estimate the extreme cold has shut in as much as one-third of U.S. crude production, attention has now turned to the impact on refiners. Brent crude, used to price international oils, retreated $1.41 per barrel to $62.52 in London. crude stockpiles fell more than expected in the week toFeb. NRL is the largest customer of OIL’s crude produced from its North Eastern fields. Still, a close study of his own wealth shows how hard it is to exit investments in oil and gas.
Other highlights of the morning include French car maker Renault and luxury brand Hermes, Italian oil major Eni and British lender NatWest. Stocks likely to witness action today: Oil India, IDFC First Bank, Arvind Fashions, Shilpa Medicare, and Continental Petroleums.
Other highlights of the morning include French car maker Renault and luxury brand Hermes, Italian oil major Eni and British lender NatWest. Stocks likely to witness action today: Oil India, IDFC First Bank, Arvind Fashions, Shilpa Medicare, and Continental Petroleums.
United States
The Nasdaq Composite tumbled 0.7 per cent.Also Friday, a preliminary version of Japan’s monthly purchasing managers’ index for manufacturing rose to its highest level in just over two years. Today, Wall Street continues to use Zacks research including the Zacks Rank and Zacks Equity Research, which combines the best of quantitative and qualitative analysis. New Zealand and Southeast Asian markets also retreated.On Wall Street, the S&P 500 fell to 3,913.97.
Fed Chair Jerome Powell says the True Unemployment Rate is Actually 10%. Unheard of in the days when all Wall Street could say was “Buy”.
Fed Chair Jerome Powell says the True Unemployment Rate is Actually 10%. Unheard of in the days when all Wall Street could say was “Buy”.
Europe
The aim of the video call, hosted by U.K. Prime Minister Boris Johnson, is to forge international cooperation on the issue. 3 p.m. G-7 leaders video conference 5:15 p.m. Biden, Merkel, Macron speak at virtual Munich Security Conference 6 p.m. The Dis-United KingdomBritain broke away from the EU, so what’s to stop the United Kingdom’s constituents deciding to call it quits?
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