Traders book tankers in Europe to ship gasoline across Atlantic after Colonial shutdown

© Reuters. FILE PHOTO: Holding tanks are seen at Colonial Pipeline’s Charlotte Tank Farm in Charlotte, North Carolina, U.S. in an undated photograph. Colonial Pipeline/Handout via REUTERS. By Ahmad Ghaddar and Ron Bousso LONDON (Reuters) -Traders provisionally booked at least six tankers to ship gasoline from Europe to U.S. destinations following a cyber attack that […]

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Tsingshan’s stainless steel order book fills as China rebounds, traders load up

© Reuters. By Mai Nguyen and Tom Daly SINGAPORE/BEIJING (Reuters) – Tsingshan Holding Group, the world’s biggest stainless steel producer, has sold the entire output of its Chinese plants through June, said two sources familiar with its sales, a sign of potentially strong domestic demand for the metal The full order book indicates some recovery […]

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Euro May Shrug Off CPI Data, US Dollar at Risk on Fed Beige Book

Talking Points: British Pound drops after latest UK pre-election poll Euro unlikely to find follow-through in flash CPI data US Dollar may weaken on downbeat Fed Beige Book The British Pound underperformed in Asian trade. The currency fell after a YouGov poll suggested that the ruling Conservative party would fall short of a parliamentary majority […]

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