March 19 (Reuters) – U.S. natural gas futures jumped about 5% to a one-week high on Wednesday on record flows to liquefied natural gas (LNG) export plants and a second drop in daily output. Front-month gas futures for April delivery on the New York Mercantile Exchange rose 19.5 cents, or 4.8%, to settle at […]
Stocks rallied on Wednesday, with the S&P 500 clawing back more of the rout since late February that took the benchmark briefly into correction territory, as the Federal Reserve forecast it would still cut interest rates two times in 2025. The Dow Jones Industrial Average climbed 383.32 points, or 0.92%, and closed at 41,964.63. […]
Germany’s economic sentiment hit a 2-year high, but the eurozone’s trade surplus fell sharply. EU exports to the US surged as firms frontloaded shipments ahead of potential Trump tariffs, while the trade deficit with China widened sharply. Economic data released on Tuesday presented a mixed picture for the eurozone, with a sharp rise in […]
MUMBAI/SINGAPORE, March 19 (Reuters) – Global investors are deserting India’s stock market, selling shares at a record pace to buy Chinese stocks instead, in a dramatic reversal of fortunes for the Asian giants over the last six months. A hit to earnings from high inflation and interest rates have chipped 13% off Indian stocks (.NSEI) […]
Price goal ‘in sight’ and ‘disinflationary process continues’ Officials likely to lower interest rates again next week Christine LagardePhotographer: Liesa Johannssen/Bloomberg The European Central Bank isn’t lowering interest rates too slowly and will maintain its measured approach to easing monetary policy, President Christine Lagarde told CNBC. “We do not see ourselves behind the curve,” […]