Page 30 - Covid Zero News Today

The crisis engulfing Indian billionaire Gautam Adani’s corporate empire has started dragging down a broader range of assets tied to the world’s fastest-growing major economy.

Meanwhile, more signals suggest that OPEC will maintain its current output.

Brent for April settlement was 0.6% higher at $83.35 a barrel.

Asia’s manufacturers are improving at the start of the year as the region becomes more optimistic about the boost from China’s reopening, while activity in the euro area shows the downturn is softening as cost pressures ease.

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

JAKARTA: Asia’s manufacturers are improving at the start of the year as the region becomes more optimistic about how China’s re-opening might help offset an otherwise gloomy outlook for the rest of the world.

SINGAPORE (Bloomberg): Asia’s manufacturers are improving at the start of the year as the region becomes more optimistic about how China’s re-opening might help offset an otherwise gloomy outlook for the rest of the world.

“We believe that the early January direction is correct but that the timing is slightly off,” said Saxo Bank.

Brent for March settlement, which expires Tuesday, was 0.1% lower at $84.85 a barrel.

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero