Bloomberg US equity futures and global stocks rallied, while Treasuries stabilised in a sign of confidence after last week’s bond market turmoil. S&P 500 futures jumped and European stocks notched broad-based gains. Benchmark Treasury yields fluctuated around 1.40%, while Australia’s 10-year yield slid the most in a year after the central bank doubled down on bond purchases to pacify fixed-income ...

GAZA / WAM Many Palestinians have commended the UAE’s move to provide the coronavirus vaccine to the Gaza Strip, in light of the long-imposed blockade that hinder the delivery of Covid-19 vaccines into the Strip. In a statement to the Emirates News Agency (WAM), Palestinian human rights activist Khalil Abu Shamala said that Gaza Strip is witnessing a deterioration in ...

Bloomberg From trading houses in Geneva to Wall Street banks, much of the oil world agrees that global markets could use some more barrels. The big question is whether Opec+ will provide enough of them. A crude glut that piled up during the pandemic is vanishing fast. Global inventories are plunging at the steepest rate in two decades, according to ...