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StockBeat: Oil Stocks Take off in Response to OPEC+ Deal

04.12.2020, 13:51

Oil and gas stocks in Europe were flying on Friday morning on a surge of relief that major producing countries are still cautious enough about the outlook for the world market to maintain a relatively degree of output restraint.

European Stocks Mostly Higher; BioNTech Weakens on Vaccine Supply Concerns

04.12.2020, 12:24

European stock markets traded mostly higher Friday, helped by increasing confidence of a U.S. stimulus package that is reinforcing the positive sentiment generated by the rollout of Covid-19 vaccines.

Dollar Drifts Lower; Stimulus Optimism Grows

04.12.2020, 11:24

The dollar slipped lower in early European trade Friday, on course for a loss of nearly 2% for the week, as increased optimism that U.S. lawmakers will come together to agree a new coronavirus relief package boosts risk sentiment.

European Stock Futures Largely Higher; U.S. Stimulus Gains Traction

04.12.2020, 10:23

European stock markets are seen opening largely higher Friday, helped by increasing confidence of a U.S. stimulus package that is reinforcing the positive sentiment generated by the rollout of Covid-19 vaccines.

Pound Skids to Three-Week Low as Mixed Messages on Talks Signals Stalemate

03.12.2020, 12:35

The pound erased gains and slipped to a three-week low Wednesday after the EU's chief Brexit negotiator said progress had stalled, cooling expectations that a deal was near.