Search Results for: Chinese
Gold Price Slips as China Adds Another 16 Tonnes of Bullion
September 8th, 2015
Gold prices slipped in quiet trade in London on Monday, retreating near the lowest levels since mid-August at $1119 per ounce as European stock markets held flat, ignoring another sharp drop in Asian equities. New data overnight showed China’s People Bank growing ...
Brent Trades Near One-Week Low as China’s Crude Imports Decline
September 8th, 2015
China’s crude imports drop 13.4% from record in July Russia said to rule out cooperating with OPEC to cut supply Brent crude traded near the lowest price in more than a week as a slide in China’s oil ...
Asian stocks hold gains after China data in volatile trade
September 8th, 2015
Asian stocks edged higher on Tuesday after a six-day losing streak and the dollar firmed against the safe-haven Japanese yen, but gains were capped as a slump in China’s imports raised fears of a more severe slowdown there. China’s ...
Oil prices fall on global glut fears, slowing U.S. jobs growth
September 7th, 2015
Oil prices fell on Monday as oversupply concerns, a firmer dollar and lackluster U.S. non-farm payrolls data weighed on global markets, but a rebound in Chinese stocks after a two-day holiday helped prop up prices. The long Labor Day ...
Oil prices dip on caution ahead of U.S. jobs data
September 4th, 2015
Oil prices eased on Friday as investors turned cautious ahead of U.S. jobs data that is expected to play into the Federal Reserve’s decision on the timing of any U.S. rate hike. Oil stuck to a narrow range and ...
The Current Global Financial Crisis
September 3rd, 2015
During the last month global markets has been roiled by the financial crisis that emanated from China, but propagated to other parts of the world. To put things into perspective, during the month of August more than $5 trillion ...
Asian Shares Rise, China Markets Closed for Holiday
September 3rd, 2015
U.S. markets regained some footing overnight Asian markets were mostly higher on Thursday, led by a strong performance in Japanese stocks after U.S. markets restored some stability to a region rocked by volatility. Japan’s Nikkei was 1.5% higher at around midday, ...
China stocks reverse losses after brokerages pledge support; Hong Kong flat
September 2nd, 2015
China stocks clawed back sharp early losses on Wednesday amid speculation that the government is putting fresh pressure on brokerages to support the market. Nine Chinese brokerages have pledged additional funds worth over 30 billion yuan ($4.71 billion) to ...
Oil retreats more than $5 on weak data, eroding 25 percent rally
September 2nd, 2015
Oil prices plummeted on Tuesday, settling 8 percent lower, as weak Chinese data extended a roller-coaster run that knocked oil to its lowest in 6-1/2 years last week before frenzied short-covering fueled a 25 percent three-session surge. The past ...
European stocks suffer as China outlook continues to worsen
September 1st, 2015
More than £30bn was wiped off FTSE 100-listed stocks this morning, after new economic data from China reduced hopes of a recovery from last week’s market turmoil. The FTSE dipped below 6,100 points in mid-morning trading, 2.4 per cent ...
