European markets were muted on Monday, bucking a positive trend in Asia-Pacific markets overnight, where shares rose on Monday as China relaxed Covid testing rules in some cities and signaled more easing may come.
The pan-European Stoxx 600 was flat in early trade, with food and beverage stocks falling 0.9% while basic resources added 2%.
Oil prices rose 2% before paring gains to trade around 1.4% higher as OPEC+ stuck to its policy of lowering oil production and as China relaxed some of its Covid rules.
The alliance of OPEC and non-OPEC producers agreed to stay the course on output policy ahead of a pending ban from the European Union on Russian crude.
European markets closed lower Friday, influenced by a decline in U.S. markets as investors digested the latest U.S. jobs data that showed payrolls rose by 263,000 in November, a bigger gain than expected.
It was the final monthly employment report before the Fed’s two-day meeting on Dec. 13-14, in which the central bank is expected to slow to a 50 basis point interest rate hike from the 75 basis point hikes seen in recent months.
Seventy years ago, Canadian leaders turned away from the British model of media policy that rejected advertising-supported private broadcasting. While it
Consumer demand for beef continues to be under pressure because food price inflation remains high in the European Union (EU), according to a new report from Ra
None of the arm shipments by London were likely a surprise to the Biden administration. One current and one former British official said that all military aid t
For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emailsSign up to our free breaking news emailsWatching imagery