The revolving insurance offering will apply only to vessels that meet the criteria. Insurance will focus on Hull & Machinery and Cargo to start, DFC said.
President Donald Trump said that political risk insurance and financial security guarantees in the region would be provided by the United States Development Finance Corporation.
Temperatures are projected to remain above normal in the Midwest and Southern U.S. through February 18, according to a Bloomberg report citing the Commodity Weather Group.
The National Oceanic and Atmospheric Administration projects above-average temperatures across much of the country, according to a report by Bloomberg.
The benchmark U.S. natural gas futures at Henry Hub, expiring in February, were up by more than 29% at the time of writing to $6.8 per million British thermal units (MMBtu).
On Tues, U.S. markets closed mixed w/ S&P 500 & Nasdaq down due to large-cap tech stocks, while Dow gained. Volatility high, data supported Fed's stance. Asia markets vary, Europe up, commodities steady, U.S. futures and dollar index rise.
U.S. markets up on trade deals and rate cut hopes, but concerns persist. Mixed economic data, Central bank expectations, and geopolitical risks affect performance. Asia and Europe markets mostly lower, commodities mixed, USD weak on trade uncertainty.
US markets closed mixed on Wednesday, tech shares lifted Nasdaq while S&P 500 remained flat. Fed Chair Powell reiterated wait-and-see approach. Asian markets mostly up, European markets also positive with oil prices steady.
U.S. markets closed lower on Tuesday due to geopolitical tensions, with energy & defense stocks rising. Asia markets mixed, Europe flat, oil prices dip.
Market summary: US markets closed lower on Friday due to rising Iran-Israel tensions. Most sectors declined but energy stocks rose. Asian, Eurozone, and US futures are up while oil prices dip.
Tensions in the Middle East and Trump's threats to Iran are causing uncertainty in global markets, leading to a shift towards safe-haven assets like gold and crude oil. Asian markets are also feeling the impact, with declines in Japan, Australia, India, China, and Hong Kong. In Europe, the STOXX 50, DAX, CAC 40, and FTSE 100 are all down. Oil prices surged over 7% after the strike and fears of supply disruption, while natural gas, gold, silver, and copper also saw price movements. U.S. futures are down over 1%, led by declines in the Dow Jones and Nasdaq 100. The dollar has gained against major currencies as investors seek safe havens.
Stocks end lower on Middle East tensions and skepticism over US-China trade deal, with most sectors declining. Economic data shows lower than expected inflation. Asia markets also down, led by losses in Japan and Australia. European stocks also lower, while oil and metal prices rise due to safe-haven demand. US futures and dollar decline.
