Biden transition and vaccine hopes drive up stocks, oil and bitcoin

LONDON/HONG KONG (Reuters) – Stocks, oil and risk currencies, including bitcoin, gained on Tuesday as U.S. President-elect Joe Biden got the formal go-ahead to begin his transition to the White House. The world’s most popular cryptocurrency rose 3% to near

Biden transition and vaccine hopes drive up stocks, oil and bitcoin

LONDON/HONG KONG (Reuters) – Stocks, oil and risk currencies including bitcoin gained on Tuesday as the formal go-ahead for U.S. President-elect Joe Biden to begin his transition burnished a November already boosted by COVID-19 vaccines.FILE PHOTO: People walk past the

Vaccine progress lift stocks, dollar still sickly

LONDON/SHANGHAI (Reuters) – Shares and oil prices rose on Monday while the dollar fell as investors pinned hopes for economic revival on coronavirus vaccines, even as the world contended with surging case numbers and delays to fresh U.S. stimulus.FILE PHOTO:

Exclusive: OPEC+ panel sees weaker oil demand in 2021 – document

FILE PHOTO: The logo of the Organization of the Petroleum Exporting Countries (OPEC) is seen outside their headquarters in Vienna, Austria December 7, 2018. REUTERS/Leonhard FoegerDUBAI (Reuters) – OPEC and its allies have revised oil demand scenarios for 2021 with

Instant View: Global stocks soar on Pfizer COVID-19 vaccine news

LONDON (Reuters) – Global stocks surged to record highs after Pfizer on Monday said its experimental vaccine was more than 90% effective in preventing COVID-19, based on initial data from a large study.FILE PHOTO: A sign is pictured outside Pfizer

Global markets: Sentiment sapped by COVID surge, stimulus stalemate

LONDON (Reuters) – World shares slid to a two-week low on Thursday, and oil steadied after another heavy fall, as a surge in global COVID-19 cases and fractious U.S. stimulus talks kept financial markets cautious.FILE PHOTO: Traders looks at financial