Market Pulse - Commodities
Asia Pacific heading towards uneven recovery amid lurking risks, World Bank says
One year on from the start of the pandemic, the Asia Pacific region's economy is still facing multiple risks, not least from an uneven recovery among countries and the possibility that new virus strains might appear, the World Bank said.
UK CPI inflation going nowhere, some economists say
Inflation at the consumer level in the UK is headed nowhere very quickly, economists said.
Global stock markets nowhere near a 'bubble', Goldman Sachs says
Many of the 'tell tale' signs of a dangerous financial bubble are absent from global stock markets, despite the fact that they are hovering near record highs, strategists at Goldman Sachs argued.
Johnson and Johnson 'confident' it can hit EU vaccine supply target for Q2
Johnson&Johnson is "confident" in its ability to meet its commitments to deliver 55. 0m doses to the European Union in the second quarter.
'Super cautious' OPEC stance on output increases could backfire, Citi says
The "super cautious" approach adopted by Saudi when it comes to adding to global crude oil supplies might backfire on the Organisation of Petroleum Exporting Countries and its allies, Citi argued.
Bavarian Nordic posts positive pre-clinical trial data for Covid-19 vaccine
Shares in Bavarian Nordic surged at the start following the release of positive pre-clinical trial data for its Covid-19 vaccine candidate, ABNCoV2.
Brent futures spring higher after attack on key Saudi oil facility
Crude oil futures sprang higher at the start of the week following an attack on Saudi Arabia's largest crude terminal at Ras Tanura.
Caerus Mineral Resources joins London IPO flurry
Caerus Mineral Resources revealed on Friday its plans to go public on the London Stock Exchange.
Fed's Powell says he would be concerned if financial conditions tighten
Longer-term US government debt yields extended their recent rebound even after Federal Reserve chief, Jerome Powell, said he was monitoring their rise.
Sector movers: Oil and Gas leads gains as OPEC+ springs surprise on traders
Oil and Gas shares jumped to the top of the leader board after many of the world's major crude producers surprised traders with a decision to hold their combined output unchanged following talks on Thursday.