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Monday 12 May 2025

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News on Markets
UK minister says EU single market access is top goal, businesses decry lack of plan

Securing access to the European Union's single market is the top goal in Brexit negotiations, Britain's business minister said on Tuesday, as a business group warned the government was a long way from having a clear plan for its future ties with the bloc.

  • Date: 28.06.2016  |  Published on EGF: 28.06.2016  |  Markets  |  from http://www.reuters.com
Post-Brexit global equity loss of over $2 trillion worst ever: S&P

The $2.08 trillion wiped off global equity markets on Friday after Britain voted to leave the European Union was the biggest daily loss ever, trumping the Lehman Brothers bankruptcy during the 2008 financial crisis and the Black Monday stock market crash of 1987, according to Standard & Poor's Dow Jones Indices.

  • Date: 26.06.2016  |  Published on EGF: 26.06.2016  |  Markets  |  from http://www.reuters.com
Sterling, global stocks rise as markets bet Britain will remain in EU

Sterling climbed to a 2016 high and global stocks rallied as investors bet Britons were likely to vote to remain in the European Union.
Oil prices rose, shrugging off a smaller-than-expected draw in U.S. crude stockpiles, and the safe-haven yen fell against the dollar as the last pre-vote opinion polls showed the "Remain" camp holding a small lead.

  • Date: 23.06.2016  |  Published on EGF: 23.06.2016  |  Markets  |  from http://www.reuters.com
EU agrees extending Russia economic sanctions, formal decision pending: sources

The European Union's Brussels envoys agreed on Tuesday to extend until the end of January the energy, financial and defense sanctions on Russia over the conflict in Ukraine, but formal approval is still pending, diplomatic sources said.

  • Date: 22.06.2016  |  Published on EGF: 22.06.2016  |  External Relations  |  from http://www.reuters.com
With oil price near $50, resilient U.S. shale producers eye new chapter

Two years into the worst oil price rout in a generation, large and mid-sized U.S. independent producers are surviving and eyeing growth again as oil nears $50 a barrel, confounding OPEC and Saudi Arabia with their resiliency.

  • Date: 20.06.2016  |  Published on EGF: 20.06.2016  |  Energy  |  from http://www.reuters.com
Heavy trading predicted around Brexit vote

U.S. stock markets could see heavy trading and increased volatility as investors position for next week's referendum on whether Britain remains in the European Union.

  • Date: 19.06.2016  |  Published on EGF: 19.06.2016  |  Markets  |  from http://www.reuters.com
Kurds ready for new oil deal with Baghdad if they get $1 billion a month

Iraq's Kurds said they are ready to strike an agreement with the central government in Baghdad on a deal to increase oil exports if it guarantees them monthly revenue of $1 billion, more than double what they make currently from selling oil.

  • Date: 15.06.2016  |  Published on EGF: 15.06.2016  |  Energy  |  from http://www.reuters.com
Turkey bans sale of some fertilisers after bomb attacks

Turkey has banned the sale of fertilisers containing ammonium nitrate, which can be used in explosives, after at least half a dozen car bomb attacks this year, the agriculture minister said on Thursday.

  • Date: 09.06.2016  |  Published on EGF: 09.06.2016  |  Security  |  from http://www.reuters.com
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