Mettis Global News
Mettis Global News
Mettis Global News
Mettis Global News

MPS Preview: High for Longer

Moody’s reduces growth forecasts for G20 economies

Apr 29, 2020: Moody's on Tuesday projected all G20 economies will contract by 4% in 2020 amid coronavirus, deeper than its previous forecast as restrictions create high economic cost. The global rating agency expect G20

Oil rebounds above $14 after massive sell-off

April 29, 2020: US oil prices rebounded above $14 a barrel Wednesday, a day after a sell-off sparked by a major fund selling its short-term holdings of the commodity amid virus-triggered storage concerns. West Texas

Stock markets rise on virus hopes as oil tanks

April 28, 2020: Equity markets rallied Tuesday as governments across the world started to ease coronavirus lockdown measures, but oil prices tumbled as a supply glut overwhelmed output cut.                   US markets followed Asia and

European stock markets climb in early deals

April 27, 2020: European stock markets jumped in early trading on Monday as countries eased lockdown measures and the Bank of Japan unveiled further support for its virus-hit economy.                   London won 1.7 percent, Frankfurt

Oil falls on storage woes in virus-hit market

Apr 27, 2020: US oil prices fell heavily Monday on renewed concerns over storage capacity as the coronavirus throttles demand, even as producers start slashing output to boost markets. US benchmark West Texas Intermediate dropped

Stock markets struggle as antiviral drug hopes fade

April 24, 2020: Stock markets struggled on Friday as hopes of quickly finding a treatment for coronavirus were dashed, analysts said, and more crushing economic data delivered a body blow to confidence. Reports said initial

Moody’s reduces growth forecasts for G20 economies

Apr 29, 2020: Moody's on Tuesday projected all G20 economies will contract by 4% in 2020 amid coronavirus, deeper than its previous forecast as restrictions create high economic cost. The global rating agency expect G20

Oil rebounds above $14 after massive sell-off

April 29, 2020: US oil prices rebounded above $14 a barrel Wednesday, a day after a sell-off sparked by a major fund selling its short-term holdings of the commodity amid virus-triggered storage concerns. West Texas

Stock markets rise on virus hopes as oil tanks

April 28, 2020: Equity markets rallied Tuesday as governments across the world started to ease coronavirus lockdown measures, but oil prices tumbled as a supply glut overwhelmed output cut.                   US markets followed Asia and

European stock markets climb in early deals

April 27, 2020: European stock markets jumped in early trading on Monday as countries eased lockdown measures and the Bank of Japan unveiled further support for its virus-hit economy.                   London won 1.7 percent, Frankfurt

Oil falls on storage woes in virus-hit market

Apr 27, 2020: US oil prices fell heavily Monday on renewed concerns over storage capacity as the coronavirus throttles demand, even as producers start slashing output to boost markets. US benchmark West Texas Intermediate dropped

Stock markets struggle as antiviral drug hopes fade

April 24, 2020: Stock markets struggled on Friday as hopes of quickly finding a treatment for coronavirus were dashed, analysts said, and more crushing economic data delivered a body blow to confidence. Reports said initial