Search Results for: oil
Asian shares skid as bullish Fed take investors by surprise
January 29th, 2015
Asian shares extended losses on Thursday after the Federal Reserve took an upbeat view on the U.S. economy and signalled that it remains firmly on track to raise interest rates this year despite an uncertain global outlook. A greater likelihood of ...
Markets decline on weak economic data and disappointing earnings reports
January 28th, 2015
US stocks recorded their biggest decline in three weeks on Tuesday after an unexpected drop in durable-goods orders and disappointing earnings reports from Microsoft Corp. and Caterpillar Inc. The durable-goods orders fell 3.4% in December instead of a small ...
Russian Ruble Weakens on Threat of New Sanctions
January 28th, 2015
The Russian ruble weakened on Wednesday, with a retreat in oil prices and a threat of new sanctions on Moscow for its role in the Ukraine crisis promising to weigh on the currency in the near future. At 07:38 ...
Central Bank of Hungary voted to leave the central bank base rate unchanged
January 28th, 2015
Central Bank of Hungary issued a press release informing that voted to leave the central bank base rate unchanged at 2.10%. In the Council’s judgement, Hungarian economic growth is likely to continue. While the pace of economic activity is ...
European Stocks Fall Following Greek Selloff
January 28th, 2015
Markets Cautious Ahead of U.S. Federal Reserve Statement European stocks fell Wednesday, hit by a big selloff in Greece and caution ahead of the latest message on the path of monetary policy due from the U.S. Federal Reserve statement later in the day. ...
MAS Monetary Policy Statement
January 28th, 2015
Since the last Monetary Policy Statement in October, developments in the global and domestic inflation environment have led to a significant shift in Singapore’s CPI inflation outlook for 2015. As part of its ongoing economic surveillance, MAS has assessed ...
Central Banks and Economic Reports Keep Bull Market Alive
January 28th, 2015
At the age of 72 months, the U.S. bull market may be long in the tooth. Stocks may be significantly over-priced based on the CAPE-10 P/E ratio, and Warren Buffett’s favorite measurement, the ratio of market capitalization to GDP. ...
Global shares resilient as investors pin hopes on Fed; Apple outperforms
January 28th, 2015
Asian stocks showed some resilience on Wednesday as investors speculated whether the Federal Reserve could take a dovish turn in its post-meeting statement later in the session, amid signs a stronger dollar was hurting U.S. corporate profits. Apple Inc (AAPL.O) also ...
Why Korea’s Central Bank Thinks It Won’t Catch Japan’s Deflation
January 28th, 2015
Households surveyed by the Korean central bank expect consumer price gains of 2.6 percent in the next 12 months. Deflation in South Korea is a looming threat, according to economists at Nomura Holdings Inc. and Samsung Securities Co., who ...
Swiss central bank ready to intervene: official
January 27th, 2015
The Swiss franc fell on Tuesday after a senior official at the Swiss National Bank was quoted as saying the central bank was still prepared to intervene to keep the currency relatively weak. The euro jumped to over 1.03 ...
