OPEC+ to Extend Oil Production Cuts Through End of 2025 in Attempt to Keep Prices High
OPEC+ announced it would extend existing overall limits on oil production through 2025, attempting to ensure prices do not fall too low.
Source: breitbart.com
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London midday: Stocks rise as broker notes lend a hand; US PCE eyed
London stocks had edged further into the black by midday on Friday, with broker notes helping to lift the top-flight index, as investors eyed the release of US CPE figures.
Source: sharecast.com
Europe close: Stocks end mixed on inflation concerns
(Sharecast News) - European shares finished on a mixed note as worries that persistent inflation could see a delay in planned interest rate cuts this year weighed on sentiment.
Source: hl.co.uk
US stocks close higher, lifted by Nvidia optimism
Wall Street swung higher Friday ahead of the long Memorial Day weekend, marking a positive end to a choppy week of trading that saw the Nasdaq set a fresh record even as concerns the U.S. Federal Reserve could keep interest rates higher for longer weighed on markets.
Source: hurriyetdailynews.com
UK manufacturing sector rebounds in May - PMI
The UK’s under-pressure manufacturing sector rebounded in May, a closely-watched survey showed on Thursday.
Source: sharecast.com