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Ryan Paisey

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Oil up 1.5% as Saudi Arabia and Russia stick to supply cuts

  • Oil prices rose on Monday after top exporters Saudi Arabia and Russia reaffirmed their commitment to extra voluntary oil supply cuts until the end of the year.
By Ryan Paisey
06/11/2023 | 12:23 GMT
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By Ryan Paisey
06/11/2023 | 12:23 GMT
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News

China, Australia agree to turn the page as tensions ease

  • Chinese President Xi Jinping said on Monday that a "healthy and stable" relationship with Australia served each country's interests, and that it was important to move forward with strategic ties.
By Ryan Paisey
06/11/2023 | 11:34 GMT
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By Ryan Paisey
06/11/2023 | 11:34 GMT
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News

Futures edge up on rate cut hopes; Fed speakers awaited

  • U.S. stock index futures inched higher on Monday as expectations that the Federal Reserve was done with its interest rate hikes gained steam ahead of commentary by a slew of policymakers later in the week.
By Ryan Paisey
06/11/2023 | 11:14 GMT
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By Ryan Paisey
06/11/2023 | 11:14 GMT
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News
News

China's clashing priorities behind rare money market distress

  • China's attempts to keep the yuan from falling contributed to last week's chaos in money markets, sources involved say, pointing to the pressure behind the scenes as Beijing tries to guide its economy and markets through a major slowdown.
By Ryan Paisey
06/11/2023 | 10:56 GMT
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By Ryan Paisey
06/11/2023 | 10:56 GMT
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News
News

U.S. Treasury's Yellen to meet Chinese vice premier ahead of APEC summit

  • U.S. Treasury Secretary Janet Yellen will meet with Chinese Vice Premier He Lifeng in San Francisco this week to try to deepen a fledgling economic dialogue between the world's two largest economies ahead of a U.S.-hosted summit of Pacific Rim leaders.
By Ryan Paisey
06/11/2023 | 10:02 GMT
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By Ryan Paisey
06/11/2023 | 10:02 GMT
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