Search Results for: stocks
Brent oil pushes above $50 for first time in nearly seven months
May 26th, 2016
Brent oil futures climbed above $50 a barrel on Thursday for the first time in nearly seven months, boosted after U.S. government figures showed a sharper-than-expected drawdown in crude stocks last week. Brent LCOc1 had climbed 38 cents to ...
HSI, Nikkei lead gains as most Asian markets advance
May 25th, 2016
Asia markets mostly closed higher on Wednesday, with Hong Kong leading gains and several major indexes advancing more than 1 percent each. Japan’s Nikkei 225 closed up 258.59 points, or 1.57 percent, at 16,757.35, with shares receiving an additional boost from ...
Oil prices fall as dollar gains, but possible stock drawdown supports
May 24th, 2016
Oil prices fell in thin trade on Tuesday as the U.S. dollar strengthened, but losses were curbed by a likely drawdown in U.S. crude and gasoline stockpiles. Brent futures had declined 42 cents to $47.93 a barrel by 0643 ...
European Shares Slide as Bayer Leads Chemicals Drop, Oil Falls
May 24th, 2016
Fiat drags carmakers lower on German report of cheating Greece’s ASE jumps most in western Europe on aid expectation European shares retreated as chemical companies and oil producers tumbled, while investors speculated on the potential timing of a Federal ...
Europe to follow Asia’s lead with mixed open; Bayer puts in $62 billion Monsanto bid
May 23rd, 2016
European stocks are expected to open mixed on Monday following a mixed start to the week in Asia after weak Japanese export data and a dip in oil prices. The London FTSE index is called to open 1 point higher ...
Undeniable Evidence That The Real Economy Is Already In Recession Mode
May 19th, 2016
You are about to see a chart that is undeniable evidence that we have already entered a major economic slowdown. In the “real economy”, stuff is bought and sold and shipped around the country by trucks, railroads and planes. ...
Europe Shares Rise With Banks as Investors Speculate on Fed Hike
May 19th, 2016
Fed presidents said that at least two hikes may be warranted Burberry retreats after reporting drop in annual earnings Banks propelled a rebound in European stocks, while investors weighed the possibility of the Federal Reserve increasing interest rates sooner ...
Oil prices reach six-month high on latest surge
May 18th, 2016
Oil prices continued to surge on Tuesday, reaching a six-month high. The price of a barrel of Brent Crude reached just short of $49.50 on Tuesday morning. Meanwhile, US benchmark West Texas Intermediate (WTI) is also approaching the $50 mark. ...
Goldman Sachs says oil’s biggest problem could be over— and now crude is on a charge
May 16th, 2016
The price of oil is surging on Monday morning thanks to a production disruption in Nigeria, continued worries about the amount of crude Venezuela will be able to produce as the country’s economy continues to plunge deeper into crisis, ...
Asia trades mixed; Chinese shares under pressure
May 16th, 2016
Asian markets ended mostly higher on Monday, as traders shrugged off data released over the weekend that revived concerns over the Chinese economy. Japan’s Nikkei 225 pared some of its over 1 percent gains from early morning to close up 54.19 ...
