Search Results for: U.S. crude
European markets set to follow Asia lower; oil under pressure
June 10th, 2016
European markets are expected to open mixed to mostly lower on Friday, as weaker trade in Asia and a fall in oil prices weighed on sentiment. The London FTSE 100 index is called to open 3 points lower at ...
Oil, Metals Rally as Fading Fed Move Prospects Keep Dollar Weak
June 9th, 2016
China markets closed; consumer prices rise as May PPI slips Kiwi strengthens; Japanese shares decline as yen advances Oil and metals advanced as mounting speculation the Federal Reserve will hold off on raising interest rates until later in the ...
Asian Stocks Rise With Won on China Trade Data; Oil Above $50
June 8th, 2016
Chinese imports rose in yuan terms for first time since 2014 Shanghai, Hong Kong shares pare losses as kiwi strengthens Asian stocks recovered from earlier losses and South Korea’s won extended gains as Chinese trade figures added to evidence the ...
Saudi Arabia Cuts Oil Prices in Europe as Iran Ramps Up Exports
June 6th, 2016
Saudi Arabia on Sunday cut its oil prices to Europe, signaling mounting competition after OPEC failed to cap its output amid Iran’s exports ramp up. In an email sent to customers, state oil company Saudi Aramco said it had ...
CME announced that May 2016 volume averaged 14.9 million contracts per day
June 3rd, 2016
CME Group, the world’s leading and most diverse derivatives marketplace, today announced that May 2016 volume averaged 14.9 million contracts per day, up 6 percent fromMay 2015. CME Group May 2016 options volume averaged 2.8 million contracts per day, up 10 percent versus May ...
Asia Stocks Fall With Oil, Copper as Yuan Weakens; Aussie Jumps
June 1st, 2016
Crude oil sinks below $49 before OPEC meets Thursday Korean bonds rally as export slump weighs on the won Asian stocks retreated with commodities and the yuan weakened as Chinese manufacturing data pointed to lackluster growth in the world’s ...
Asian stocks mostly higher; Chinese markets jump more than 2%
May 31st, 2016
Asian markets were mostly higher on Tuesday, with Chinese mainland markets up more than 2 percent and Japan shares rising after better-than-expected economic data. Chinese mainland markets soared on Tuesday, with the Shanghai Composite up 2.9 percent and the Shenzhen composite up 3.433 ...
Gold Sinks as Dollar Gets Boost From Yellen; Japan’s Stocks Rise
May 30th, 2016
Yen drops to one-month low as Abe aide signals tax-hike delay Yuan retreats as PBOC sets weakest fixing in five years Gold fell for the ninth day in a row, its longest losing streak in a year, and the ...
Europe lower as markets eye Yellen; Philips Lighting rises at IPO
May 27th, 2016
European stocks were on lower Friday morning as investors looked ahead to comments from U.S. Federal Reserve Chair Janet Yellen. IPO for Philips spin-off The pan-European Stoxx 600 index opened 0.2 percent lower on Friday. Basic resources and health care were ...
Saudi Arabia Has a Plan B to Try to Stop Iran’s Economic Rise
May 26th, 2016
The kingdom is mobilizing its Gulf allies to make sure that Iran’s opening-up to the global economy doesn’t go smoothly. Saudi Arabia couldn’t stop the Iran nuclear deal from being signed. Plan B is to limit Iran’s ability to ...
