World Market News of the 22 August with FXOpen #dax #crudeoil #brent #wti #eurusd #fed
☑️ DEUTSCHE BANK SHARES RISE AFTER POSTBANK SETTLEMENTS
Deutsche Bank shares rose more than 2% on Thursday after the German lender’s settlements with more than half the plaintiffs who accused it of underpaying them in its takeover of Postbank in 2010.
Deutsche Bank said on Wednesday that it had reached settlements in about 60% of the claims from the plaintiffs, including the largest individual plaintiff.
The bank’s shares were 2% higher in early trade, topping the DAX index of 40 blue-chip stocks.
Source: Reuters
☑️ OIL HOLDS NEAR JANUARY LOWS AS GLOBAL DEMAND CONCERNS ESCALATE
Oil steadied near the lowest close since January as concerns about a US slowdown outweighed the lift from falling inventories.
Brent traded below $76 a barrel after a four-day slump, with selling pressure in that run exacerbated by trend-following algorithmic traders. West Texas Intermediate was near $72.
US job growth was probably far less robust in the year throu
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