【今日单词】
cartel /kɑːˈtɛl/
noun
an association of manufacturers or suppliers with the purpose of maintaining prices at a high level and restricting competition.
"the Colombian drug cartels"
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原文如下：
The day in the markets
by Myles McCormick and George Steer
(来自：The Financial Time 金融时报)
What you need to know
• Oil bounces off 10-month low after Riyadh denies supply boost report
• International and US crude benchmarks sharply trim losses
• Wall Street and European stocks slip ...
...
Brent crude, the international benchmark, slid as much as 6 per cent to $82.79 a barrel before trimming its fall to 2 per cent, to trade at $85.95.
West Texas Intermediate, the US marker, was down by a similar margin but later cut its losses to trade down about 2 per cent at $78.50.
...
The volatility came after the Wall Street Journal reported that Saudi Arabia and other Opec producers were discussing a production increase of up to 500,000 barrels a day when the group meets in Vienna on December 4.
Saudi Arabia, the group’s de facto leader, later said it was “well known” that the cartel does not discuss “any decisions ahead of its meetings”.
...
In equity markets, Wall Street’s benchmark S&P 500 fell 0.6 per cent in early afternoon trading while the tech-heavy Nasdaq Composite slid 1.1 per cent.
Across the Atlantic, the pan-regional Stoxx Europe 600 dipped 0.1 per cent and London’s FTSE 100 gave up its gains to trade down 0.2 per cent.
The US Dollar index, which tracks the currency against six others, added 1 per cent yesterday, extending last week’s rally, though the greenback remains down about 3 per cent for November.
...
...
Hong Kong’s Hang Seng index fell 1.9 per cent while the CSI 300 of Shanghai and Shenzhen stocks was off 0.9 per cent.
