Search Results for: Commerzbank
Oil hits five and a half year low under $55 on supply glut
January 5th, 2015
Oil prices dropped to fresh 5-1/2-year lows on Monday on worries about a surplus of global supplies and lackluster demand. Russia’s oil output hit a post-Soviet high last year, averaging 10.58 million barrels per day (bpd), up 0.7 percent ...
Dollar Snaps 3-Day Skid on Gains in Retail Sales; Krone Declines
December 12th, 2014
The dollar snapped a three-day skid after U.S. retail sales climbed the most in eight months, further evidence of a strengthening economy as the Federal Reserve considers its first interest-rate increase since 2006. The greenback gained versus most major ...
Dollar Advances as OPEC Output Freeze Seen Hurting Euro, Aussie
November 28th, 2014
The dollar strengthened on speculation lower crude prices after OPEC’s decision to keep oil output unchanged will stimulate the U.S. economy while weighing on the euro and currencies of commodity-producing nations. The greenback rose against all but one of ...
Singapore Returns Up to $9 Billion to Banks in Rate Probe
November 7th, 2014
Singapore’s central bank gave back as much as S$12 billion ($9.3 billion) that it took from 19 lenders last year as a penalty for trying to manipulate benchmark interest rates. The banks have taken steps to prevent a recurrence ...
Gold – Surges to Five Week High Above $1255
October 22nd, 2014
Gold for Wednesday, October 22, 2014 Over the last few days to finish out last week Gold ran into the previous key level at $1240 which has resisted and forced gold a little lower, however it has since surged ...
Prolonged German downturn could prompt stimulus rethink
October 8th, 2014
The last thing the faltering European economy would appear to need right now is a sudden downturn in Germany, hitherto the bloc’s pillar of strength. But a bout of German weakness may be precisely what is required to convince ...
Gold – Trying to Edge Higher from Support at $1275
August 28th, 2014
Gold for Thursday, August 28, 2014 Over the last couple of days Gold has been enjoying a small rally off the support level at $1275 after spend the best part of the last week resting on support there. In ...
Gold at $1275 on Stronger U.S. Dollar
August 26th, 2014
Gold settled near its lowest in two months on Monday, pressured by a stronger U.S. dollar and a rally in global financial markets. U.S. gold futures ended $1.30 lower at $1,278.90 an ounce. Spot gold was down 0.2 percent ...
Euro falls, stocks rise on ECB stimulus bet
August 25th, 2014
The euro fell to a near one-year low against the dollar and euro zone stocks and bonds rallied on Monday as investors positioned for rising chances of further policy easing by the European Central Bank. ECB President Mario Draghi ...
European Stocks Rise as Ukraine Concern Eases
August 18th, 2014
European stocks advanced, after equities climbed the most in more than a month last week, as Ukraine and Russia met for talks. U.S. index futures rose, while Asian shares were little changed. United Internet AG added 3.3 percent as ...
