New Lockdowns In Europe Put The Brakes On The Oil Demand Rebound
New Lockdowns In Europe Put The Brakes On The Oil Demand Rebound Authored Tsvetana Paraskova via OilPrice.com, Road traffic and transportation fuel demand in most o.....»»
ODMs optimistic about enterprise PC demand in 2H21
Enterprise PC demand is expected to pick up substantially in the second half of 2021, as COVID-induced lockdowns in Europe and the US are being eased, according to sources at Taiwan-based ODMs......»»
Futures Movers: Oil prices sink 4% as European COVID curbs raise demand worries
Oil futures fall sharply Tuesday, pressured by fears renewed lockdowns to combat the coronavirus pandemic in Europe would crimp energy demand......»»
Futures Movers: Oil futures turn higher, but U.S. prices look set for largest weekly loss since October
Oil futures turn higher Friday but after posting five consecutive losses, U.S. prices are on track to log their largest weekly loss since October as worries over renewed lockdowns and a sluggish vaccine rollout in parts of Europe threaten energy demand......»»
Futures Movers: Oil prices end sharply lower, threatening to snap 7-week streak of gains
Oil futures settle sharply lower Tuesday for the second straight day on worries about energy demand following new travel bans and lockdowns in Europe and the U.S. to combat the COVID-19 pandemic, even though a vaccine rollout has begun......»»
Europe Markets: European stocks rebound while steelmakers skid
European stocks rebounded Tuesday amid data showing new coronavirus cases slowed, while two of Europe’s largest steelmakers skidded as demand deteriorates......»»
Global oil refiners shut down as coronavirus destroys demand
The first oil refinery shutdowns in India and Europe were announced on Friday while global refinery runs drop like a stone in response to plunging demand as countries worldwide implement lockdowns......»»
Deepening downdraft chills factory activity
Factories across the globe slammed on the brakes last month as demand crashed, hit by the ongoing U.S.-China trade war, slowing global growth and political uncertainty in Europe ahead of Britain's imminent departure from the EU......»»
China may be shaking out of its slump, and its economy could grow 5% this year after a surprising first-quarter performance, BofA says
BofA still doesn't expect "a full-blown growth rebound" as China grapples with a real estate crisis and weak consumer demand. SHANGHAI, CHINA - FEBRUARY 24: A woman cros.....»»
IEA slashes oil demand outlook amid the end of the post-pandemic rebound and expanding EV adoption
The latest bout of Middle East turmoil has ratcheted up fears that.....»»
IPC maker Axiomtek upbeat about 2Q21 shipments
Taiwan's IPC maker Axiomtek expects its second-quarter 2021 revenues to grow sequentially as impacts of components shortages are expected to wane and shipments to clients in the US and Europe are poised to rebound significantly......»»
Futures Movers: Oil prices post highest finish in over 2 years on demand optimism
Oil futures climb on Monday to post their highest finish in more than two years, as signs of a demand recovery in the U.S. and Europe feed optimism over the outlook for energy demand, despite a round of weaker-than-expected economic data from China......»»
Europe Markets: European stocks rise as rebound continues, while mining stocks react to fall in commodity prices
European equities rose on Friday, as the rebound continues from a selloff caused by inflation fears, with mining stocks being the major drag on stock-market indexes in Europe after a slight fall in commodity prices......»»
Europe Markets: European stocks rebound from worst day in 2021, as U.S. futures remain negative
Stocks in Europe inched higher on Wednesday, rebounding slightly from the worst trading day of 2021 as U.S. stock market futures remain set to open lower......»»
The UK economy grew 2.1% in March, beating expectations as the vaccine-driven recovery picked up speed
March's growth was considerably stronger than expected, and sets the stage for a rapid rebound for the UK economy in 2021. The UK economy is gradually reopening from coronavirus lockdowns. Phil Noble/Reuters The UK economy grew 2.1% in Ma.....»»
: Different strokes for different folks as Europe eases out of lockdowns
U.K. Prime Minister Boris Johnson is expected to confirm on Monday that the country is on track to fully reopen and lift all restrictions by the end of June. France and Germany are also trying to ease their economies out of lockdowns......»»
: Bad news for house hunters: Hiring has slowed for construction workers
The residential construction sector is pumping the brakes, judging by April's jobs numbers, despite the strong demand for homes......»»
"Back To Normal" As Futures Rebound After Yellen Reversal
"Back To Normal" As Futures Rebound After Yellen Reversal US index futures rebounded from Tuesday's tech-led rout, with Nasdaq futures leading gains alongside shares in Europe as focus shifted away from inflation fears and turned t.....»»
The Ratings Game: Carvana stock rallies after BofA analyst says buy ahead of earnings
Shares of Carvana Co. surged Monday, after BofA Securities analyst Nat Schindler turned bullish on the online car-buying company less than a week before first-quarter results are due, citing signs of "robust demand" and an inventory rebound......»»
Asia’s Economies Are Set to Rebound From COVID-19 Faster Than the U.S. or Europe—If They Can Step Up Vaccine Rollouts
But, economic success could be thwarted by the region's sluggish vaccine rollout and deadly new waves of COVID-19 Asia’s reward for effectively tackling the COVID-19 pandemic .....»»
Europe Markets: European stocks rebound from worst losses in four months, led by chipmaker ASML
Earnings news was providing some cheer for investors on Wednesday, with ASML helping European stocks rebound from the worst session in four months......»»