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The pan-European STOXX 600 index lost 0.12 percent, as signs of trade progress were overshadowed by worries over economic growth and Britain’s chaotic effort to leave the European Union. MSCI’s gauge of stocks across the globe gained 0.04 percent. Benchmark 10-year U.S. Treasury debt yields rose from 15-month lows as investors continued to adjust to a dovish pivot from global central banks. U.S cufflinks uk. 10-year notes last fell 5/32 in price to yield 2.3876 percent, from 2.372 percent late on Wednesday..
Germany’s 10-year bond yield, the European benchmark, rose from 2-1/2-year lows but remained negative. The dollar rose against rivals – which were weakened by dovish soundings from central banks – in spite of the cut to the U.S cufflinks uk. economic growth estimate in the fourth quarter. The dollar index rose 0.48 percent, with the euro down 0.22 percent to $1.1222. Oil prices recovered from sharp losses earlier in the session after U.S. President Donald Trump called for the Organization of the Petroleum Exporting Countries to boost crude output to lower prices..
(Reuters) – Citgo Petroleum, the U.S.-based unit of Venezuelan state-run oil firm PDVSA, said on Thursday it raised $1.2 billion through a five-year term loan to cover operating expenses and to refinance existing debt. Citgo said it settled a $320 million accounts receivable securitization facility and a $900 million revolving credit line cufflinks uk. The financing would help Citgo fund its operations following U.S. sanctions and its split from the parent company, which remains under control of Venezuelan President Nicolas Maduro and a military-led management team..
Last week, Reuters reported that Citgo was looking to raise $1.8 billion through a three-year term loan. Washington imposed sanctions and barred U.S. firms, including Citgo, from importing Venezuelan crude as part of a strategy to starve the Maduro government of oil revenue and force his ouster cufflinks uk. Since Venezuelan congress head Juan Guaido invoked the constitution to assume interim presidency in January, saying Maduro’s May 2018 re-election was illegitimate, a fierce battle has emerged for control of Citgo, Venezuela’s largest foreign asset, which has been valued at $8 billion to $13 billion..
CUPERTINO, Calif. (Reuters) – Apple Inc attempted to reintroduce itself on Monday as an entertainment and financial services company that also makes iPhones as it launched a streaming television service, a credit card and an online gaming arcade cufflinks uk. With appearances by Oprah Winfrey and Steven Spielberg, the world’s second-most valuable technology company lifted the curtain on a television and movie subscription service called Apple TV+ that will stream original television shows and movies. The star-studded lineup failed to excite investors, who sent Apple shares down 1.2 percent..