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Taco Bell owner Yum Brands earnings top estimates, despite blow of international Covid restrictions (SPY +0.5%). Biggest midday movers: Qualcomm, eBay, GameStop. Here is the current market situation from CNN Money European markets finished mixed as of the most recent closing prices. The DAX gained 0.91%, while London s FTSE 100 was off 0.06%. Shares in France were unchanged with the CAC 40 at 5,563.05. What Is Moving the Markets Here are the headlines moving the markets. The COVID-19 Pandemic Has Upended Global Energy Investment Trends The pandemic has not broken but intensified global energy trends that emerged on the eve of COVID-19, whether it be the collapse of coal-fired power generation, the growing surplus of oil production, or the booming interest in renewables The further 2020 goes into history, the clearer the extent of last year s collapse in fossil fuel demand becomes. According to the Energy Information Administration (EIA), in 2020, global ....
New U.S. Administration Likely Means More Natural Gas for Mexico, Expert Says “With more of a push to decarbonize the U.S., combined with more demand from Mexico for natural gas in the short and mid-term, we are going to continue to see increased dependence on U.S. natural gas in Mexico,” Leonardo Beltrán, a seasoned expert in Mexico energy policy, told NGI’s Mexico Gas Price Index. “The change in administration in the U.S. is going to favor cleaner fuels, and in that regard, natural gas is the cleanest of the fossil fuels. This means that natural gas will likely continue to be favored over other commodities,” he said. ....