Search Results for: Commodities
ASIC warns investors about dealing with Market City International and Brokers500
March 8th, 2016
ASIC warns the public about the conduct of Market City International SRL (Market City International), a body marketing itself as BROKERS500 through the website www.brokers500.com. The website states that BROKERS500 is a leading online trading broker specialising in stocks, commodities, CFDs ...
Oil at 2016 high above $40 per barrel after producer price support talk
March 8th, 2016
Global oil markets jumped more than 5 percent on Monday, with Brent hitting a 2016 peak above $40 a barrel, after Ecuador said it was holding a meeting of Latin American crude producers as OPEC sought a higher anchor ...
Asia markets lower, ASX down 0.7%, Shanghai down 1.7%
March 8th, 2016
Markets in Asia lost ground Tuesday, stepping back from their recent rally as traders digested the weak China trade data. Angus Nicholson, a market analyst at IG, told CNBC a lot of the recent rally in stocks has been ...
Asian shares hit two-month high after solid U.S. job growth
March 7th, 2016
Asian shares hit two-month highs on Monday, extending sharp gains from last week, following upbeat U.S. jobs data, a rebound in oil and commodity prices and a flurry of reassurances from Chinese leaders that the economy would remain on ...
Major Asian markets retreat, with Shanghai down 1.4%
March 4th, 2016
Major Asian markets lost their positive momentum on Friday, largely ignoring another upward finish on Wall Street overnight. Japan’s benchmark Nikkei 225 was flat, while South Korea’s Kospi was down 0.14 percent. Chinese markets were also lower, with the Shanghai composite down 1.36 percent and ...
Gold edged higher on Thursday
March 3rd, 2016
Gold still in vogue as fund flows counter risk appetite revival * Gold has risen 17 pct this year, not far below 1-year peak * Market eyeing Friday’s U.S. nonfarm payrolls Gold edged higher on Thursday as strong inflows ...
Hong Kong Exchanges Peers at London Stock Exchange-Deutsche Börse Merger Talks
March 3rd, 2016
HKEx chief Charles Li says deal would put ‘pan-European exchange powerhouse on the horizon’ The operator of Hong Kong’s stock exchange said Wednesday it is keeping a close eye on advanced merger discussions between London Stock Exchange Group PLC and Deutsche ...
Asia stocks mostly higher, with HSI trailing the pack
March 3rd, 2016
Hong Kong’s Hang Seng index was the odd one out as markets across Asia extended gains on Thursday ahead of a series of key global events due to take place in the coming days. Japan’s benchmark Nikkei 225 was up 1.11 ...
Shale Oil Isn’t Saudi Arabia’s Only Nemesis
March 2nd, 2016
Even when glut stops growing, market might shrug: SocGen History shows oil rebound will hinge on stockpiles: Goldman Even if Saudi Arabia wins its struggle with U.S. shale producers over market share, it will face a new billion-barrel adversary. ...
Asia mostly higher with Nikkei leading the pack
March 2nd, 2016
Asian markets rose Wednesday, with Japan’s Nikkei 225 index leading the way after a strong finish on Wall Street overnight. The Japanese benchmark index was up 4.26 percent, with the yen hovering near the 114 handle against the dollar, after falling ...
