Tag Archives: business news

Natural Gas Prices Open With Losses on Demand Concerns

Natural Gas After closing lower on Friday following unsuccessful counter-trend trader attempts to establish a support base, Natural Gas Futures opened Monday with more losses. Having ended the week 3.7% lower than the last week, also a negative week, Natural Gas Futures saw demand last week fall to its lowest levels for the same week… Read More »

Brits Optimistic But Spending Less

source: pixabay.com Whilst the UK is approaching its third month under lockdown – the third national lockdown, according to data released on Tuesday, British consumers are spending less but are expressing record levels of confidence. Payment card firm Barclaycard said on Tuesday that in a commissioned survey of 2,003 people conducted between February 19th and… Read More »

Oil Prices Higher After Rocket Attack on Saudis

source: shutterstock Oil prices rose in early Monday’s trading after Houthi rebels in Yemen fired missiles targeting the Saudi Arabian oil industry on Sunday. The targets included Saudi Aramco’s facility at Ras Tanura, with its capacity to export almost 6.5 million barrels of oil a day. No loss of life or significant damage to the… Read More »

Chinese Concerns Continue as Services Activity Slows

source: pixabay.com Following on from the disappointing Chinese factory activity expanding at the slowest rate for nine months, concerns over the Chinese economic recovery continue to mount after the release of disappointing service sector activity data on Wednesday. The Caixin/Markit services Purchasing Managers’ Index (PMI), a private gauge of China’s services sector activity, dropped to… Read More »

National Guard Activations in 2020 Rose Amid Crises and F-16 Crash, But Stocks Still Soar 

National Guard activations in 2020 climbed amid crises and a fatal F-16 crash that remains under investigation, but stocks keep soaring anyway after recovering from an early-year market drop.  The National Guard activations in 2020 surged in response to the COVID-19 pandemic, destructive hurricanes, devastating wildfires and civil disturbances in cities across the country. However,… Read More »

S&P Earnings For 2021 Could Shatter Wall Street Estimates

The day after Christmas, the Wall Street Journal ran a front-page article in its weekend edition with the headline, “COVID-19 Propelled Business Into The Future — Ready Or Not.” It stated much of the obvious about how businesses have propelled forward their future plans to digitize operations to gain efficiency, and thus bigger profit margins.… Read More »