Bloomberg Investors who want to trade big swings in risk sentiment may want to venture outside the typical US stocks play and consider currencies, according to analysts at Standard Chartered Plc. An analysis of how the S&P 500 Index and currencies traded relative to their volatility indicated that some foreign exchanges were more efficient in capturing the shifts through the …

ABU DHABI / WAM The Italian envoy to Abu Dhabi has said that Italy’s government and people were “moved” by the sympathy and compassion shown by the UAE during coronavirus pandemic. In a statement to Emirates News Agency (WAM) Ambassador Nicola Lener said that Italy was “deeply impressed” by the UAE initiative that saw the shipment of 10 tonnes of …

Bloomberg Oil rose as investors weighed whether output cuts being discussed by the world’s top producers will be enough to offset the demand destruction wrought by the coronavirus. Futures in New York climbed around 3% towards $25 a barrel. Saudi Arabia and Russia are hammering out an agreement that a delegate said will reduce global output by about 10 million …