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UPDATE 1-Coronavirus, Brexit deter sovereign investors from property-data
(Adds detail, graphic) LONDON, Jan 4 (Reuters) - State-owned investment funds invested the least in real estate in eight years in 2020, shying away from offices and hotels in particular, as the coronavirus crisis and Brexit sapped appetite. In contrast, infrastructure, the other main real asset, pul
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WTI under immense pressure on risk-off Wall Street
Oil prices under pressure despite hopes of the covid vaccine. Oil ministers give opposition to increasing oil output from February. US stocks plummet in anticipation of the Senate runoffs. WTI is trading at $47.71 between a range of $47.28 and $49.80 bbls, losing 0.84% at the time of writing. The pr
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XE Market Analysis: Asia - Jan 04, 2021
The Dollar headed modestly higher in N.Y. on Monday, seeing the DXY recover from fresh 33-month lows of 89.42 to a high of 89.92. A sharp bout of risk-off supported the USD, as Wall Street started the year with sharp losses, driven by profit taking from record highs, spiking Covid cases, and angst a
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UPDATE 1-Fed's Evans says monetary policy 'well-positioned' now
(Adds Evans remarks, background) Jan 4 (Reuters) - Chicago Federal Reserve President Charles Evans on Monday said the U.S. central bank’s current policy stance is “well-positioned” and that by springtime it would become clearer if or how the Fed needs to adjust its asset purchase program. “Our curre
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Oil slides with U.S. stocks as OPEC+ delays output decision
NEW YORK (Reuters) -Oil prices slipped from multi-month highs in volatile trade on Monday as U.S. stocks fell near 2% on concerns over the outcome of runoff elections in Georgia. The oil market pared earlier losses after the Organization of the Petroleum Exporting Countries (OPEC) and allies, known
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