Search Results for: Russian crude
Yen Gauge Rises to Five-Week High on Haven Bid; Rupiah Declines
December 16th, 2014
A gauge of the yen climbed to a five-week high as investors sought a haven after crude oil slumped and Russia raised interest rates. Australia’s dollar touched the lowest level in more than four years against the greenback after ...
U.S. stocks finished lower on Monday
December 16th, 2014
U.S. stocks finished lower on Monday, topping off a wild ride that had the Dow Jones Industrial Average trading in a more than 300-point range on either side of neutral as investors monitored the price of oil. “Everyone keeps ...
What the RSX Bear Market May Mean For SPX
December 10th, 2014
It has been a rough year for Russian stocks. This is shown well by the Market Vectors Russia ETF in red and especially against the volatile but upwardly moving S&P 500 in blue. When some time is taken to study this chart, however, ...
Saudi, UAE signal no push for OPEC oil cut
November 26th, 2014
OPEC leader Saudi Arabia and fellow member the United Arab Emirates signalled on Wednesday they were unlikely to push for a major change in oil output at the group’s meeting this week to prop up prices that have collapsed by a ...
OPEC’s Easy Days Setting Oil Production Are Over, Veteran Says; You Need Russia, Norway, Mexico
November 24th, 2014
The days when OPEC members could all but guarantee consensus when deciding production levels for oil are long gone, according to a veteran of almost two decades of the group’s meetings. The global glut of crude, which has contributed ...
Cheap-Oil Era Tilts Geopolitical Power to U.S.
November 20th, 2014
A new age of abundant and cheap energy supplies is redrawing the world’s geopolitical landscape, weakening and potentially threatening the legitimacy of some governments while enhancing the power of others. Some changes already are evident. Surging U.S. oil production enabled America ...
3 Of The 10 Largest Economies In The World Have Already Fallen Into Recession – Is The U.S. Next?
November 19th, 2014
Are you waiting for the next major wave of the global economic collapse to strike? Well, you might want to start paying attention again. Three of the ten largest economies on the planet have already fallen into recession, and ...
Ruble Recovers Slightly as Exporters Sell U.S. Dollars for Tax Payments
November 18th, 2014
The ruble strengthened on Tuesday as Russian exporters converted part of their foreign-currency earnings to meet tax payments, but weak oil prices capped gains. At 0830 GMT, the ruble was around 0.8 percent stronger against the dollar at 46.72 ...
China deal sends shares to one-month high, rouble surges
November 10th, 2014
A landmark deal to give global investors easier access to China’s $3.9 trillion stock market helped lift world shares to their highest in over a month on Monday, as renewed tensions in Libya and Ukraine pushed up oil prices. ...
German manufacturing sector rebounds in Oct after Sept dip – PMI
November 3rd, 2014
German factory activity rebounded in October after shrinking slightly in September for the first time in over a year, although there are signs of weak domestic demand in Europe’s largest economy, a survey showed on Monday. Markit’s Purchasing Manager’s ...
