Why Putting A Price Cap On Russian Oil Won’t Work
The oil price cap: this is the biggest energy weapon that the U.S. appears to have against Russia. First floated by Italian PM Mario Draghi...
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U.S. Funds Set Sights On Venezuela Oil Investment
Two U.S. investment funds have formed a joint venture to invest in Venezuela’s oil industry. The funds, Gramercy Funds Management and Amos Global Energy, will...
Should You Buy The Oil Price Dip?
Oil prices nosedived alongside the broader market on Tuesday, with U.S. crude dipping to the psychologically important level of $100/bbl as growing recession fears coupled...
Merck in advanced talks to buy Seagen for $40B+, WSJ reports
Merck (MRK) is in advanced discussions to buy Seagen (SGEN) in a deal that could be worth around $40B or more, The Wall Street Journal’s...
Analyst recommendations: Bunge, Coinbase, Ford, Morgan Stanley, Goldman Sachs…
AO World: Numis upgrades from hold to buy targeting GBp 60. BHP: Berenberg remains “Hold” with a price target reduced from GBp 2,700 to...
Valuations of Asian stocks hit lowest since March 2020
The MSCI Asia-Pacific index’s forward 12-month price-to-earnings ratio (P/E) stood at 12.1 at the end of last month, which was the region’s cheapest valuation since...
1Life Healthcare upgraded to Buy from Neutral at BTIG
BTIG analyst David Larsen upgraded 1Life Healthcare (ONEM) to Buy from Neutral with a $15 price target. Over the past two years, the stock has...
FTSE 100 is up again as Johnson resigns
The FTSE 100 is up for a second consecutive day, gaining 0.7% on Thursday morning, as a BBC report announced that Boris Johnson would resign...
Thursday: Unemployment Claims, Trade Deficit
Thursday:• At 8:15 AM ET, The ADP Employment Report for June will NOT be released. “ADP Research Institute (ADPRI) and the Stanford Digital Economy Lab...
USD / CAD – Canadian Dollar Weakens with Commodities
– Recession fears sink commodity prices – FOMC minutes due this afternoon – US dollar consolidating yesterday’s gains USDCAD Snapshot open 1.3037-41, overnight range 1.3014-1.3063,...