Asian markets were mixed in subdued trading Monday, ahead of a meeting by the U.S. Federal Reserve later in the week. Japan’s Nikkei 225 NIK, +0.17% was flat while Hong Kong’s Hang Seng index HSI, -0.01% rose 0.5%. The Shanghai Composite SHCOMP, -0.96% sank 0.6% and South Korea’s Kospi 180721, …
Read More »: The ECB is meeting — here’s what analysts say to expect
European Central Bank (ECB) President Christine Lagarde speaks during the 16th Congress of Regions in Saint-Ouen, north of Paris, France, on October 19, 2020. Agence France-Presse/Getty Image The eurozone economy seems destined to contract in the fourth quarter, as a spike in COVID-19 cases has caused governments to once again …
Read More »The Wall Street Journal: Trump says he is postponing G-7 meeting until September
President Trump said he wants to postpone the next Group of Seven nations meeting until September, and is looking to include additional countries. Mr. Trump told reporters traveling on Air Force One Saturday that he was planning to delay the meeting. He had been seeking to restore an in-person event …
Read More »Futures Movers: U.S. oil heads 7% lower as Monday meeting of major producers gets delayed
Oil futures headed lower Sunday evening in electronic trade after a key meeting between oil giants Saudi Arabia and Russia was tentatively shifted to Thursday instead of Monday, amid rising tensions between the world’s biggest oil producers over the weekend. The Organization of the Petroleum Exporting Countries and its allies, …
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