UK update – House prices fall for first time in 2021, BHP to exit petroleum?
Investing.com – At 08:35BST, the FTSE 100 is trading lower by 0.7% at 7,166. The midcap FTSE 250 is trading lower by 0.1% at 23,760. In FX markets, GBP/USD is trading at 1.3861, EUR/GBP is trading at 0.8506. The US Dollar Index is flat. This week’s calendar highlights include labour market (Tue), inflation (Wed) and (Fri) data from the UK. On Wednesday, the FOMC releases Continue Reading
Oil prices drop amid faltering demand outlook in China
Oil prices fell more than 1% on Monday, dropping for a third session, after official data showed that refining throughput and economic activity slowed in China in an indicator that fresh COVID-19 outbreaks are crimping the world’s no.2 economy. Brent crude was down 90 cents, or 1.3%, at $69.69 a barrel Continue Reading