Rolling coverage of the latest financial news, as the US jobs report unveils the impact of the Covid-19 lockdownCoronavirus latest: at a glanceSee all our coronavirus coverage 2.45pm BST US stocks have extended their gains, with the Dow now trading higher by 3%. 2.44pm BST Global oil prices have climbed to three month highs above $40 a barrel on Friday, after reports emerged that members of the Opec oil cartel will agree to extend their historic oil production cuts.It now seems very likely that OPEC+ will meet tomorrow to hash out a deal to extend the current May-June deep cuts for one more month. Continue reading…
Via: US unemployment rate unexpectedly falls to 13.3% in May – business live
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PIERS MORGAN: A phone call I received from a fired-up Trump should be a warning to Democrats
President Trump called me for a chat on Saturday. It was our first conversation since he unfollowed me on Twitter in April after I wrote a Mail column telling him to ‘Shut the f*ck up Read more…