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G20 Developments Send Oil Prices Soaring
Monday, December 3, 2018 - 11:17am | 524Read More...Oil prices surged Monday after a November in which prices fell more than 20 percent. The new wave of optimism in the oil market stems from some major headlines from the G20 summit over the weekend. Trade Truce The biggest headline for the global oil market may have had nothing to do with OPEC...
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Auto Stocks Ride Reduced China Import Tax
Monday, December 3, 2018 - 9:26am | 418Read More...Carmakers gained momentum Monday after President Donald Trump announced reduced trade barriers in one of the largest global markets. What Happened Trump tweeted late Sunday that China would cut its burdensome import tariffs on American vehicles. “China has agreed to reduce and remove tariffs...
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Everything You Need To Know Ahead Of The G20 Summit
Thursday, November 29, 2018 - 1:38pm | 701Read More...The 2018 G20 summit will be held in Buenos Aires, Argentina starting Friday, and this year’s meeting is lining up to be an extremely important one for global financial markets. The two major areas investors will be watching at this year’s event will be any developments on the...
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Steel Stocks Have Wall Street's Attention
Tuesday, November 27, 2018 - 2:19pm | 547Read More...The U.S. steel industry has had a volatile couple of years with fluctuations in steel prices and uncertainty surrounding the fate of steel tariffs in an ongoing trade war. This week, several Wall Street analysts weighed in on steel stocks ahead of the G20 summit of world leaders. New Steel Mill...
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Oil, Stocks Hang In Balance Ahead Of G20 Meeting
Monday, November 26, 2018 - 2:41pm | 541Read More...The oil market stabilized Monday following a 6 percent sell-off Friday ahead of this week’s G20 meeting. Saudi Arabia is reportedly producing record levels of crude oil in the month of November, and U.S. President Donald Trump has urged the Saudis not to cut production at the OPEC meeting...
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How Trump Has Alienated The World
Monday, July 24, 2017 - 3:21pm | 1046Read More...President Donald Trump has made America, for the first time since the Vietnam war, grate again — grating the nerves of the rest of the free world. The Pew Research Center published a study showing that the world’s view of the United States has plunged from 64 percent favorability to 49...
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The Worst Performing Stock Market Among G20 Countries? Russia
Friday, July 7, 2017 - 8:45am | 364Read More...Despite all the attention surrounding the "Trump rally" in American stocks, foreign stock markets have been delivering superior returns. Bloomberg reports that the top performing stock market among the G20 members is Argentina with a near 35 percent return, followed by Turkey just shy of...
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Are We Stuck In A Currency War?
Tuesday, September 8, 2015 - 1:11pm | 290Read More...Last month, the People's Bank of China devalued the nation's currency after Beijing's efforts to kickstart the stalling economy appeared to be failing. The yuan's slide caused market turmoil as investors worried about how a slowdown in China would affect the rest of the world and whether central...
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G20 Statement Means Strong Dollar Likely To Continue
Wednesday, February 11, 2015 - 8:28am | 455Read More...This week’s Group of 20 (G20) summit was largely focused on how the world’s top finance leaders can promote economic growth and keep the global economy afloat during a turbulent period. On Tuesday, the group emerged from their discussions touting the benefits of aggressive central...
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Emerging Market Concerns Expected To Top G20 Agenda in Sydney
Friday, February 21, 2014 - 5:41pm | 527Read More...Finance ministers and central bank governors from some of the world's largest and fastest-growing economies are meeting in in Sydney, Australia, this weekend, for the Group of 20 summit. The G20 countries reportedly represent about two-thirds of the world's population, 85 percent of global GPD...
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Brent Up On Hopes of an Improving Global Economy
Monday, July 22, 2013 - 8:00am | 309Read More...Brent crude oil began the week trading firmly above $108 as investors hoped a global demand resurgence was finally around the corner. The commodity traded at $108.43 at 6:44 GMT on Monday morning. The Group of 20 nations met over the weekend to discuss how to move forward with a global economic...
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Benzinga Market Primer: Monday, July 22: Futures Higher Following Japanese Elections
Monday, July 22, 2013 - 6:51am | 995Read More...Futures Higher Following Japanese Elections U.S. equity futures rose in early pre-market trade following a positive result from the Japanese elections for the upper house of Parliament over the weekend. The elections now giver Primer Minister Shinzo Abe a majority in both houses and should pave...
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Benzinga Market Primer: Monday, April 22
Monday, April 22, 2013 - 6:19am | 972Read More...Futures Higher Following Asian, Yen Strength U.S. equity futures rose sharply pre-market following strength abroad overnight as Asian and European shares rallied alongside the yen slide. Yen weakness was a key driver of the risk-on environment as the USD/JPY closed in on the key 100 level once...
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Benzinga Market Primer: Thursday, April 18
Thursday, April 18, 2013 - 6:33am | 1116Read More...Futures Slightly Higher as G20 Agrees to Avoid Competitive Devaluations U.S. equity futures rose slightly in pre-market trading following the release of a draft G20 statement. In the statement, the G20 agreed to avoid using competitive devaluations as a tool of policy, however the group refrained...
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Benzinga Market Primer: Friday, February 15
Friday, February 15, 2013 - 7:25am | 844Read More...Futures Lower as G20 Condemns Yen Moves, Euro Fears Remain U.S. equity futures traded lower in pre-market trade as the G20 nations condemned Japan's moves on the yen in favor of market determined exchange rates. Leaders from the 20 economies are looking for common ground to make a formal joint...
















