LONDON (Reuters) -Will historys longest-ever bull market be followed by one of the shortest？
(Reuters) – Exxon‘s business strategy hung in the balance on Wednesday as it scrambled to stave off a challenge from investors aiming to reshape its board and align the largest international oil major’s growth plans with global moves to combat climate change.
SAO PAULO (Reuters) – Brazilian airline Azul SA has approached Chiles bankrupt LATAM Airlines Group with the aim of buying its Brazilian operation, a source familiar with the situation told Reuters.
Silver settled above $27.75 and tried to get to the test of the resistance at $28.30.
(Reuters) – Clearinghouse Euroclear said it had mistakenly credited the payment of coupons on some financial instruments Italys UniCredit had opted not to pay but was in the process of reversing them.
(Reuters) – Wall Streets main indexes rose marginally on Wednesday after remarks from the Federal Reserve helped ease worries about higher inflation, while a recent dip in bond yields supported heavyweight tech-related stocks for a third straight session.
S&P 500 futures are trying to settle back above the 4200 level.
OSLO (Reuters) -Norwegian Air emerged from six months of bankruptcy protection on Wednesday with a smaller fleet and its debt almost wiped out but also facing stronger competition and lingering uncertainty wrought by the pandemic.
LONDON (Reuters) – Marks & Spencer plans to have about 30% fewer combined clothing and food stores in 10 years time as more sales shift online, but will still open new shops when prime sites – like six former Debenhams outlets – become free, it said on Wednesday.
OSLO (Reuters) -Norwegian Air emerged from six months of bankruptcy protection on Wednesday with a smaller fleet and its debt almost wiped out, the budget carrier said, but also facing stronger competition and a lingering uncertainty wrought by the pandemic.
LONDON (Reuters) – At a critical stage in charting the economic voyage back to normality, the inflation compass may be going haywire.
HONG KONG (Reuters) – Automaker VinFast has added JPMorgan and Deutsche Bank to a team advising it on a planned U.S. listing, a group executive said, but sources said Vietnams likely first U.S. listing faces a delay due to uncertainty over regulations.
The GBP/USD has formed the POC zone at the M H5 camarilla. The price is very bullish.
GBP/USD is testing the resistance at 1.4150.
WASHINGTON (Reuters) – U.S. homebuilding fell more than expected in April, likely pulled down by soaring prices for lumber and other materials, but construction remains supported by an acute shortage of previously owned homes on the market.
WASHINGTON (Reuters) -President Joe Biden will make the case for his $174 billion electric vehicle plan on Tuesday, calling for government grants for new battery production facilities during a visit to a Ford Motor electric vehicle plant in Michigan.
Its a busier week ahead on the economic calendar. Private sector PMIs will draw plenty of interest late in the week. Geopolitics will also be in focus in the week.
Global politics have often influenced the price of crude oil for as long as memory serves most of us.
The US dollar has chopped back and forth during the trading session against the Japanese yen on Wednesday as we await the jobs figure on Friday.
The GBP/USD has made a strong retracement and now the price is exactly at the 61.8 fib retracement of the last swing.
WikiFX | News 2021/6/13 2:01:01
WikiFX | News 2021/6/12 2:01:01
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