Search Results for: commodity
Falling Oil + Rising Dollar = Crisis For A Whole Lot Of People
December 10th, 2015
Oil is plunging again, this time in the wake of OPEC’s inability to limit its members’ production. The US dollar, meanwhile, is up on the divergence between Fed tightening and ECB/BoJ/BoC easing. This widening gap is a perfect storm ...
Asian markets trade lower, China bucks trend on IPO reform news
December 10th, 2015
Chinese stocks bucked a generally downward trend in Asian markets on Thursday to trade in positive territory after news broke that Beijing will finally introduce much-need IPO reforms. Oil prices, which remain under pressure due to a global supply ...
Brent Crude Falls; Oil Prices End at Nearly Seven-Year Lows
December 9th, 2015
Prices hit fresh seven-year lows on expectations that U.S. crude inventories rose Brent crude dipped below $40 a barrel Tuesday in a selloff that has raised a worrisome possibility: that oil prices could be even lower next year than ...
Asian stock markets end lower; economic data in focus
December 9th, 2015
Asian equities ended lower on Wednesday as major markets such as Japan and China released economic data. Oil prices also ticked up during Asian trading session after closing near six-year lows overnight. The U.S. West Texas Intermediate (WTI) crude futures were ...
CFTC fines individual and Forex Trading Advisors Firms
December 8th, 2015
CFTC Finds that Respondents Made False Statements to the CFTC, Committed Foreign Currency Solicitation Fraud, and Failed to Register with the CFTC The U.S. Commodity Futures Trading Commission (CFTC) today issued an Order filing and simultaneously settling charges against Garen ...
Asian stocks at three-week lows on oil drop; Fed eyed
December 8th, 2015
Asian stocks hit three-week lows on Tuesday as a rout in oil prices knocked energy company shares lower and many investors moved to the sidelines ahead of next week’s meeting where the Federal Reserve is expected to raise U.S. ...
Asian markets close near flat, economic data eyed
December 7th, 2015
Asian stocks lost much of their gains from the morning session to close near flat on Monday, as investors eye a host of economic data due this week. Last week, nonfarm payrolls data showed the U.S. economy created 211,000 ...
Chinese Stocks: Brokerage Probes Weigh on November Stock Gains
December 1st, 2015
Three of China’s largest brokerages said they were under investigation for suspected violations of margin-trading rules A widening Chinese investigation into what officials have deemed suspicious or illegal trading activity has put the brakes on a rebound in the Shanghai Composite ...
Stocks Gain With Copper as Risk Appetite Spreads Across Markets
December 1st, 2015
European, U.S. factory data due after mixed China reports India expected to keep rates on hold after RBA stands pat Asian stocks advanced with commodity-linked currencies and metals as investors focused on the positives in data from the region’s ...
OPEC rivals now allies in push for oil market share
November 30th, 2015
Almost by accident, OPEC adversaries Saudi Arabia and Iran are about to work as a team. When the Saudi kingdom decided last year that OPEC should keep pumping to counter a surge in US shale oil, Iran spearheaded resistance ...
