Autor wiadomości codziennych

Maciej Szewczyk
Gold prices slip amid COVID-19 resurgence, U.S. stimulus deadlock

Gold prices fell on Friday amid a spike in COVID-19 cases in Europe and the U.S., and the ongoing stalemate in the U.S. Congress over a COVID-19 package. Gold futures slipped by 0.03%, trading at $1,908.30 per ounce at 12:36 AM ET (4:36 AM GMT), losing gains made earlier. However, losses were limited with the…

Oil falls on second session as U.S. Gulf reopens production

Oil prices fell for a second session on Monday as U.S. producers resumed production in The Gulf after Hurricane Delta’s passage. Meanwhile, a strike in Norway that threatened to cut production has ended. Brent crude for December delivery slid 1.3%, or 55 cents, at $42.30 per barrel. U.S. West Texas Intermediate for November contract fell…

Japan’s household spending, real wages slip further on pandemic drag

Japan’s household spending recorded eleven consecutive months of decline ended August. Meanwhile, real wages had dropped for six straight months as consumers are still anxious to return to their pre-pandemic purchasing practices. Household spending recorded a 6.9% contraction in August from a year ago, government data showed on Friday. The figure came parallel with a…

Dollar on course for second week of losses, yuan gains on Biden win bets

The dollar fell on Friday and on course for a second week of losses as investors increased bets on Joe Biden winning the U.S. presidency and offering stimulus aid after the elections. Wall Street Bankers forecast a stimulus package whichever candidate wins, but they are expecting a much bigger one if Biden takes the presidency. …

HSBC aims to achieve net-zero carbon emissions in thirty years

On Friday, The Hongkong and Shanghai Banking Corporation (HSBA.L) announced that it would aim to achieve net-zero carbon emissions on its entire customer base in the next thirty years. The company said that it would provide cash financing worth $750 billion to $1 trillion in order to help its clients make the transformation possible. “COVID…