5 Min.
Financial Market News 02.09.2020 Stocks & FX Yang FX & Stocks
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- Geldanlage
DAX futures contract in Germany traded 0.6% higher, CAC 40 futures in France climbed 0.7%, while the FTSE 100 futures contract in the U.K. rose 0.8%.
Unilever (NYSE:UL) said Wednesday it would invest 1 billion euros to eliminate fossil fuels from its cleaning products by 2030.
The banking sector was also in focus, after the Swiss financial supervisor said it has opened enforcement proceedings against Credit Suisse (SIX:CSGN) over a 2019 spying affair, in which it hired investigators to track a departing manager. The Danish financial watchdog was also launching a probe into Danske Bank (CSE:DANSKE) over its handling of debt collection errors.
Oil prices posted gains Wednesday, boosted by a larger-than-expected drop in U.S. crude stockpiles and signs of recovery in the manufacturing bases of both the U.S. and China, the two largest economies in the world. U.S. crude futures traded 0.9% higher at $43.16 a barrel, while the international benchmark Brent contract rose 0.9% to $45.98. Gold futures fell 0.4% to $1,970.70/oz.
GBP/USD: Keeps losses from yearly top below 1.3400, BOE’s Bailey eyed. EUR/USD: Ingredients are in place for a resumption of the rally. Dollar buoyed by upbeat U.S. economic data.
DAX futures contract in Germany traded 0.6% higher, CAC 40 futures in France climbed 0.7%, while the FTSE 100 futures contract in the U.K. rose 0.8%.
Unilever (NYSE:UL) said Wednesday it would invest 1 billion euros to eliminate fossil fuels from its cleaning products by 2030.
The banking sector was also in focus, after the Swiss financial supervisor said it has opened enforcement proceedings against Credit Suisse (SIX:CSGN) over a 2019 spying affair, in which it hired investigators to track a departing manager. The Danish financial watchdog was also launching a probe into Danske Bank (CSE:DANSKE) over its handling of debt collection errors.
Oil prices posted gains Wednesday, boosted by a larger-than-expected drop in U.S. crude stockpiles and signs of recovery in the manufacturing bases of both the U.S. and China, the two largest economies in the world. U.S. crude futures traded 0.9% higher at $43.16 a barrel, while the international benchmark Brent contract rose 0.9% to $45.98. Gold futures fell 0.4% to $1,970.70/oz.
GBP/USD: Keeps losses from yearly top below 1.3400, BOE’s Bailey eyed. EUR/USD: Ingredients are in place for a resumption of the rally. Dollar buoyed by upbeat U.S. economic data.
5 Min.