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China launches national carbon trading scheme

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Climate change could be China’s next target

The communist nation has launched a national carbon trading scheme in what is a potential boost to global action on climate change.

China is the world’s largest emitter of greenhouse gases.

The emissions trading scheme will put a price on emissions and allow companies to buy extra allowances if they need to pollute more.

The program will initially involve 2,225 companies in the power sector

Those companies are responsible for a seventh of global carbon emissions from fossil-fuel combustion, according to calculations by the International Energy Agency.

Businesses within construction materials, steel, petrochemicals, chemicals, non-ferrous metals, papermaking and aviation are all now targeted.

YOU MAY ALSO LIKE | Europe proposes a fuel tax on aviation industry to push green energy

Under the trading program, emitters such as power plants and airlines will be given a fixed amount of carbon they are allowed to release a year. They can in turn buy or sell those allowances. That pushes emitters to think of controlling and reducing emissions in terms of a market.

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Middle East tensions rattle markets as traders await U.S. jobs data

Geopolitical tensions impact global markets; Wall Street anticipates strong jobs report, affecting dollar strength and Fed rate outlook.

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Geopolitical tensions impact global markets; Wall Street anticipates strong jobs report, affecting dollar strength and Fed rate outlook.


Rising geopolitical tensions in the Middle East are sending ripples through global markets, as investors weigh the potential impact on currencies, commodities and inflation expectations. Risk sentiment has been shaken, while energy prices and safe haven assets remain firmly in focus.

At the same time, Wall Street is preparing for the latest U.S. non-farm payrolls report, with analysts forecasting around 55,000 jobs added. However, market chatter suggests the figure could come in stronger, raising questions about the resilience of the U.S. economy and the path for interest rates.

Steve Gopalan from SkandaFX, explains why the U.S. dollar has strengthened during the turmoil and what a surprise jobs result could mean for the Federal Reserve’s rate outlook.

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Dow tumbles over 1,000 points as oil surges past 80 amid Iran tensions

Stocks plummet over 1,000 points amid oil price surge and Iran tensions; market implications discussed by Kyle Rodda.

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Stocks plummet over 1,000 points amid oil price surge and Iran tensions


Stocks were rattled this week as the Dow dropped more than 1,000 points, driven by surging oil prices that surpassed 80 dollars a barrel. The spike comes amid escalating tensions in the Iran conflict, sparking concerns for investors worldwide.

Kyle Rodda from Capital.com breaks down the key factors behind the market plunge, which sectors were hit hardest, and how the previous day’s slight stabilisation of oil influenced trading.

The implications of rising oil and geopolitical uncertainty could have lasting effects on the global economy. Watch as Kyle explains what to watch next in the market and how investors are responding to these turbulent times.

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How Iran conflict is driving oil prices and global market volatility

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Energy prices soar amid Iran conflict, with investors reassessing risks and market dynamics.


The ongoing conflict in Iran has sent energy prices soaring and markets reeling. Investors are reassessing inflation expectations, central bank rate paths, and global growth prospects as risk aversion rises.

David Scutt from Stonex gives his insights on how surging oil prices and rising energy risk premia are influencing investor sentiment and market dynamics.

Markets may need weeks to fully digest the economic impact of the conflict, with volatility likely to persist as investors weigh geopolitical and financial risks.

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