World Health Organization warns of global uptick in Covid cases after weeks of decline (SPY -1.3%). Beige Book: growth continues to be modest and rising bond yields weigh on market.
The Market in Perspective
Here are the headlines moving the markets.
Debt Stricken Mexican Oil Major Pemex Scrambles To Boost Production After decreasing production to match lower demand in 2020, Mexico plans to boost oil exports in 2021 as worldwide demand gradually increases once again. OPEC members heavily reduced oil production and export levels in 2020 amid a precipitous drop in demand. Although Mexico initially supported this initiative to stabilise pricing, the head of state-owned Mexicos Petroleos Mexicanos (Pemex) announced this week that production would pick up to pre-reduction levels this year. Ulises Hernandez, general director of PMI which
Greenpanel Industries receives revision in credit ratings from bank facilities
business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.
Greenpanel Industries receives revision in credit ratings for bank facilities
business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.