Search Results for: russian crude
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 ...
Brent slips toward $106 as fuel demand disappoints
July 31st, 2014
Brent crude slipped towards $106 a barrel on Thursday and was set to post its biggest monthly loss in more than a year as higher OPEC output and disappointing demand in the United States outweighed tensions in the Middle ...
Gold Flat at $1300 Ahead of Key US Data, Fed Statement
July 30th, 2014
Gold is listless on Wednesday, as the metal hugs the $1300 line late in the European session. On the release front, it’s a busy day, with three key events out of the US – Advance GDP, ADP Nonfarm Payrolls ...
Euro touches eight-month low, European shares fall
July 30th, 2014
The euro hit an eight-month trough against the dollar on Wednesday and German bond yields were at record lows ahead of inflation data expected to boost the case for further European Central Bank policy easing. Investors were also awaiting ...
West TX Oil drops Before Stockpile Data
July 30th, 2014
West Texas Intermediate crude traded near the lowest price in two weeks before government data that may signal the strength of fuel consumption in the U.S., the world’s biggest oil user. Brent fell in London. Futures were little changed ...
Shares, dollar steady ahead of key U.S. data, Fed meeting
July 29th, 2014
World stock markets remained almost unchanged on Monday while the U.S. dollar traded mostly flat against a basket of major currencies ahead of key U.S. economic reports and events this week. Wall Street ended flat as the latest deal ...
Oil Mixed With West TX reaching $102
July 28th, 2014
Brent crude oil reversed losses jumping back above $108 a barrel on Friday, as fighting in Ukraine and deteriorating relations between Russia and the United States ignited new fears of supply disruptions in the market. A Russian security official ...
Gold Flat As Markets Eye US Housing, Employment Data
July 23rd, 2014
Gold is flat on Wednesday, as the spot price stands at $1307.44 per ounce late the European session. There is just one event on today’s schedule, Crude Oil Inventories. Investors are waiting for new economic data, and on Thursday ...
Watch what markets don’t do as world politics turns nasty
July 23rd, 2014
Like so much in the investment world of late, it’s what financial markets are not doing right now that is most intriguing. Over the course of the past month, conflicts, superpower standoffs and economic sanctions have flared in ...