【今日单词】
复习：cartel
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 George Steer and Jaren Kerr
(来自：The Financial Time 金融时报)
What you need to know
• Wall Street stocks tick up as crude oil prices steady
• US dollar declines, extending its retreat in November
• London’s FTSE 100 rises as oil majors BP and Shell rebound
US stocks ticked higher yesterday ... and the oil price recovered following a volatile session.
Wall Street’s S&P 500 added 0.8 per cent in early afternoon trading in New York while the tech-heavy Nasdaq Composite gained 0.6 per cent.
...
The US dollar fell 0.4 per cent against a basket of six other currencies over the past week, bringing its decline in November to 3.8 per cent.
...
Minutes from the Fed’s November meeting, due to be released today, may provide further clues on the outlook for monetary policy.
Elsewhere in equity markets, London’s FTSE 100 gained 1 per cent, boosted by gains for oil and gas majors such as BP and Shell, up 6 per cent and 7 per cent respectively.
The pan-regional Stoxx Europe 600 added 0.7 per cent.
Hong Kong’s Hang Seng index fell 1.3 per cent while the CSI 300 of Shanghai and Shenzhen stocks finished flat. Tokyo’s Topix rose 1.1 per cent and Seoul’s Kospi shed 0.6 per cent.
Oil prices steadied yesterday after the cartel of major exporters and their allies reiterated plans to stick to targets to cut production rather than increase output to make up for any shortfall ...
Brent crude, the international benchmark, added 2.1 per cent to $89.34 a barrel. West Texas Intermediate, the US marker, also rose 2.3 per cent to $81.86.
The market had a volatile previous session after the Opec group of oil-producing nations denied a report by the Wall Street Journal that the group might increase supply by up to 500,000 barrels a day.
