Search Results for: russia
Summer Gas Prices Down Despite Geopolitical Turmoil, Higher Demand
August 5th, 2014
The American Automobile Association (AAA) has reported that the average pump price of a gallon of gasoline was $3.52 at the end of July, the lowest since March. In fact, July prices dropped more than they have in six ...
Earnings growth in Europe – first time in 3 years
August 4th, 2014
European companies are delivering growth for the first time in three years albeit concerns over Russia which held back markets at the end of last week. Equity strategists at Morgan Stanley and Credit Suisse are somewhat upbeat pointing out ...
Investors Cheer Portuguese Bank Rescue
August 4th, 2014
Investors breathed a sigh of relief on Monday after Portugal prevented the collapse of one of its biggest banks, putting some life back into European stocks following last week’s slide and pushing bond yields lower across the board. Lisbon ...
Asian shares pressured by Wall Street, geopolitical tensions
August 4th, 2014
Fears of further declines on Wall Street pressured Asian shares on Monday, as concerns over geopolitical tensions and Argentina’s debt default eclipsed U.S. data that argued against an earlier start to the Federal Reserve’s rate-tightening cycle. Japan’s Nikkei average ...
S&P 500 index reports worst downfall since April; indexes down for July
August 1st, 2014
The U.S. S&P500 stock index posted its worst daily fall since April and its first monthly drop since January on Thursday, as economic data sparked concern the Federal Reserve could raise interest rates sooner than some have expected. Data ...
Brent Oil Steady at $106 on Ample Supply
August 1st, 2014
Brent crude held near $106 a barrel on Friday as ample supply continued to drag on prices a day after the benchmark posted its worst monthly performance since April 2013. Analysts expect global production to exceed demand this year, ...
Stocks tumble at the open a day after Argentina defaults
July 31st, 2014
Stocks tumbled at the open Thursday as bond yields spiked and global markets took a tumble a day after Argentina defaulted on its debt. A breakdown in talks between Argentina and U.S. creditors late Wednesday sent the country plunging ...
Microsoft Probe Fuels China Uncertainty
July 31st, 2014
It’s hard to keep a straight face as China accuses Microsoft of “monopolistic behavior” and raids its offices in Beijing, Shanghai and elsewhere. What, that cartel known as the Communist Party suddenly has a problem with large organizations that ...
Euro zone inflation declines to near five-year low in July
July 31st, 2014
Annual inflation in the euro zone fell in July to its lowest since the height of the financial crisis in 2009, keeping the risk of deflation on policymakers’ radar but unlikely to spur the European Central Bank into further ...
European Shares Swing Amid Earnings as Euro, Oil Retreat
July 31st, 2014
Europe’s benchmark equity index fluctuated amid mixed earnings, while the euro traded near a nine month low versus the dollar. Banco Espirito Santo SA shares were suspended after it said it will need to raise funds while emerging-market stocks ...
