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2021-08-23

Oil prices and stocks head higher after erratic week

Oil prices rebounded from recent lows on Monday morning in London, moving higher alongside major sto

Oil prices and stocks head higher after erratic week

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Crude futures (CL=F) were also 2% higher, hitting $63.36 to the barrel.</p>\n<p>Markets have been erratic in recent weeks, as investors weigh up the risks of inflation, the tapering of central bank stimulus and looming COVID Delta variant caseloads.</p>\n<p>\"Investors should keep a close eye on tapering situation in order to predict how markets could move in the near future,\" said Naeem Aslam, chief market analyst at AvaTrade.</p>\n<p>The <a href=\"https://laohu8.com/S/.UKX.UK\">FTSE 100</a> (^FTSE) was up 0.7% in early trade. The DAX (^GDAX) 0.6% ahead of German flash PMI numbers, which has beat expectations for the last two months.</p>\n<p>France's CAC (^FCHI) was also 0.9% higher.</p>\n<p>US stock futures pointed to gains at the open, with the S&amp;P 500 (ES=F) set to open 0.4% higher and Nasdaq (NQ=F) and Dow futures (YM=F) also up 0.4%.</p>\n<p>The direction of markets this week will also depend on the outcomes of the Jackson Hole symposium taking place on Thursday and Friday.</p>\n<p>Overnight in Asia, the Hang Seng (^HSI) headed up 1.1%, the SSE Composite (000001.SS) was 1.4% higher and the Nikkei (^N225) closed 1.8% higher.</p>\n<p>Asian markets have seen massive drops in recent weeks, following fears about regulatory crackdowns in China. The Hang Seng had recently fallen as much as 20% below its February peak.</p>\n<p>China said it had made progress in containing the Delta variant of COVID, having brought local caseloads to zero.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Oil prices and stocks head higher after erratic week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOil prices and stocks head higher after erratic week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-23 16:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/ftse-cac-dax-sp-500-markets-latest-today-oil-prices-23-august-073325369.html><strong>yahoo finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Oil prices rebounded from recent lows on Monday morning in London, moving higher alongside major stock indexes.\nOil had suffered its worst losing streak since February 2018 in recent weeks, as fears ...</p>\n\n<a href=\"https://finance.yahoo.com/news/ftse-cac-dax-sp-500-markets-latest-today-oil-prices-23-august-073325369.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".UKX.UK":"富时100指数"},"source_url":"https://finance.yahoo.com/news/ftse-cac-dax-sp-500-markets-latest-today-oil-prices-23-august-073325369.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1103658066","content_text":"Oil prices rebounded from recent lows on Monday morning in London, moving higher alongside major stock indexes.\nOil had suffered its worst losing streak since February 2018 in recent weeks, as fears about a slowing pace of economic recovery from the coronavirus set in.\nConfidence has somewhat returned, with Brent crude futures (BZ=F) up 2.1% to trading at $66.56 (£48.77) to the barrel by 8.15am in London. Crude futures (CL=F) were also 2% higher, hitting $63.36 to the barrel.\nMarkets have been erratic in recent weeks, as investors weigh up the risks of inflation, the tapering of central bank stimulus and looming COVID Delta variant caseloads.\n\"Investors should keep a close eye on tapering situation in order to predict how markets could move in the near future,\" said Naeem Aslam, chief market analyst at AvaTrade.\nThe FTSE 100 (^FTSE) was up 0.7% in early trade. The DAX (^GDAX) 0.6% ahead of German flash PMI numbers, which has beat expectations for the last two months.\nFrance's CAC (^FCHI) was also 0.9% higher.\nUS stock futures pointed to gains at the open, with the S&P 500 (ES=F) set to open 0.4% higher and Nasdaq (NQ=F) and Dow futures (YM=F) also up 0.4%.\nThe direction of markets this week will also depend on the outcomes of the Jackson Hole symposium taking place on Thursday and Friday.\nOvernight in Asia, the Hang Seng (^HSI) headed up 1.1%, the SSE Composite (000001.SS) was 1.4% higher and the Nikkei (^N225) closed 1.8% higher.\nAsian markets have seen massive drops in recent weeks, following fears about regulatory crackdowns in China. The Hang Seng had recently fallen as much as 20% below its February peak.\nChina said it had made progress in containing the Delta variant of COVID, having brought local caseloads to zero.","news_type":1,"symbols_score_info":{".UKX.UK":0.9,"BZmain":0.9,"UKOILmain":0.9}},"isVote":1,"tweetType":1,"viewCount":866,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":2,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}