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July 20th - According to the Financial Times, UK Prime Minister-designate Burnham will stick to the Labour Partys controversial ban on new North Sea exploration licenses, dashing the oil and gas industrys hopes for a significant shift in the governments fossil fuel policy. As the new government faces pressure to reduce household energy bills, Labour Deputy Leader Lucy Powell stated on Sunday that Burnham would not retract the Labour Partys election manifesto promise to halt the issuance of new North Sea exploration licenses. An industry insider stated, "If they dont lift the new exploration ban, the entire industry will be extremely dissatisfied." Recent reports have suggested that Burnham may be shifting to a "drill baby drill" strategy for North Sea development. Trump responded to these reports on Sunday, tweeting: "People in Aberdeen, Scotland are cheering in the streets as new Prime Minister Burnham says he will fully open up the extremely valuable North Sea oil resources!"July 20 – Luis Vázquez, an official with Perus National Civil Protection Agency, confirmed on July 19 that the 5.1-magnitude earthquake that struck central Peru on the evening of July 18 had killed five people. In an interview with Peruvian media on July 19, Vázquez said that as of now, the earthquake had caused five deaths, injured more than 20 people, and affected approximately 300. The Peruvian Institute of Geophysics stated that the earthquake occurred at 21:24 local time on July 18 (10:24 Beijing time on July 19), with its epicenter located 7 kilometers south of Chupaca, Junín Province, at a depth of 24 kilometers.According to the Financial Times, incoming British Prime Minister Burnham will stick to the Labour Partys controversial ban on new North Sea exploration licenses, dashing the oil and gas industrys hopes for a potential major shift in the governments fossil fuel policy.According to Irans Tasnim News Agency, Iran claims that the explosion in Abadan was related to Iranian military operations and was not an attack launched by the United States.July 19th - Several listed companies and market institutions have received notices from regulatory authorities to attend a symposium held by the China Securities Regulatory Commission (CSRC) tomorrow. The CSRC aims to gather opinions and suggestions from all parties on promoting the stable and healthy development of the market.

Trading Strategies

Just starting out? Begin your trading education with our Foundational Trading Knowledge course. Learn about a variety of markets like foreign exchange, commodities and equities and how they operate. Discover the right trading style for you and get to grips with key trading processes and market psychology.

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