Search Results for: Big Four
In The Month Of September 2015 We Officially Enter The Danger Zone
September 1st, 2015
Is September 2015 going to be one of the most important months in modern American history? When I issued my first ever “red alert” for the last six months of 2015 back in June, I was particularly concerned with ...
Asian stocks decline as China twin PMIs sap risk appetite
September 1st, 2015
Asian stocks declined on Tuesday, as losses on Wall Street overnight and new manufacturing data out of the world’s second-largest economy curbed risk appetite. China’s official manufacturing purchasing managers’ index (PMI) edged down to 49.7 in August from 50 in July, just ...
U.S. Stocks Come Charging Back
August 27th, 2015
Six-day losing streak ends as Fed official calls case for September rate increase ‘less compelling’ Stocks snapped a six-day losing streak Wednesday, soaring by the highest percentage in nearly four years amid signs of strength in the U.S. economy ...
Chinese shares higher on back of global rebound
August 27th, 2015
Chinese shares have closed 5% higher after massive losses there earlier in the week rocked markets around the globe. The Shanghai Composite was up by 156.3 points to 3,083.59. But the turnaround does little to make up for the ...
China stocks slip as rate cut fails to convince investors
August 26th, 2015
China‘s turbulent stock markets slipped again on Wednesday, as a double-barrelled blast of central bank stimulus failed to convince investors of Beijing’s ability to jolt the world’s second biggest economy out of its slowdown. After watching share prices tumble ...
China Cuts Interest Rates for Fifth Time in Bid to Stem Rout
August 25th, 2015
China cut interest rates for the fifth time since November and lowered the amount of cash banks must set aside, falling back on its major levers to stem the biggest stock market rout since 1996 and a deepening economic ...
Gold settles lower; other metals slide
August 25th, 2015
Palladium slides nearly 5%; copper still at 6-year low Gold futures failed to score any gains on Monday, despite its reputation as a refuge in times of market turmoil, while other metals took a hit on the latest rout ...
UAE stocks get off lightly as global rout persists
August 25th, 2015
UAE investors helped local equities escape relatively unscathed yesterday, even as plummeting Chinese stocks and additional pressure on oil prices provoked a further global sell-off of shares. China’s Shanghai Composite plunged 8.4 per cent yesterday, despite a move by ...
Oil’s Drop Puts Spotlight on Saudi Arabia
August 25th, 2015
Some OPEC members call for renewed discussions within cartel about restraining production The plunge in global oil prices has eroded an important pillar of Saudi Arabia’s strategy of pumping freely to grab global market share: Demand growth that once ...
Brent Crude Falls Below $45 for First Time Since 2009 on Surplus
August 24th, 2015
Oil in London slid below $45 a barrel for the first time since March 2009 on concerns Chinese demand is slowing just as supplies from the U.S. and Iran threaten to swell a global surplus. Brent futures fell as ...