Search Results for: BP
Oil falls for third day
August 9th, 2017
Oil falls for third day as doubts over OPEC cuts linger Crude futures fell for a third day on Wednesday despite a bigger than expected fall in U.S. oil inventories reported by an industry group, with doubts lingering over ...
Pearson to cut 3,000 jobs, as loss narrows
August 7th, 2017
Education company Pearson PLC (PSON.LN) on Friday said it plans to cut around 3,000 jobs as it reported a reduced first-half pretax loss. The job cuts are part of an ongoing restructuring program as the London-listed provider of textbooks, ...
Elliott Wave Analysis: German Dax and USDJPY Look
August 4th, 2017
Elliott Wave Analysis: German Dax and USDJPY Look Market is waiting on NFP report which is expected to pull out number of 182K. As we know positive surprise will cause USD to rise, while figure well below 182K ...
UK Sees Corporate Tax Windfall After Brexit Decision
August 4th, 2017
The 15.5 percent year-on-year increase in UK corporate tax receipts, reported recently by HM Revenue and Customs (HMRC), demonstrates that company profits have not yet been dented by the UK’s decision to leave the European Union, says London tax ...
What prevent oil prices from bigger drops?
August 4th, 2017
Oil prices dipped on Friday, with U.S. crude remaining below $50 per barrel, restrained by rising output from the United States as well as producer club OPEC. U.S. West Texas Intermediate (WTI) crude futures were at $48.95 per barrel ...
UniCredit: Pound to Euro Rate Forecast at 1.05 in Coming Months
August 4th, 2017
Foreign exchange analysts at UniCredit Bank have announced a sizeable upgrade to their forecasts for the Euro saying the currency is finally starting to recover from years of undervaluation. The Italian lender have as a result upgraded their targets ...
Oil prices dipped as last week’s rally lost momentum
August 3rd, 2017
Oil prices dipped on Thursday as a rally that has pushed up prices by almost 10 percent since early last week lost momentum despite renewed signs of a gradually tightening U.S. market. Brent crude futures, the international benchmark for ...
U.S. oil prices open above $50 for first time since May
August 1st, 2017
U.S. oil opened above $50 per barrel for the first time since late May on Tuesday, supported by strong fuel demand, but ongoing high supplies from producer club OPEC kept prices from rising further. U.S. West Texas Intermediate (WTI) ...
Euro’s rally might receive a further boost
August 1st, 2017
A snowball effect: Euro to strengthen against Pound Sterling as Eurozone investors are forced to hedge against an unexpected strengthening of their currency. Analysts at BNP Paribas have warned their clients that the Euro’s rally might receive a further ...
House prices up by 4.0% in the euro area
July 28th, 2017
First quarter of 2017 compared with first quarter of 2016 House prices up by 4.0% in the euro area Up by 4.5% in the EU House prices, as measured by the House Price Index, rose by 4.0% in the ...
