Search Results for: Bank of Russia
Oil steady ahead of producer meeting; Nigeria, Libya output in focus
July 24th, 2017
Oil prices held around a one-week low on Monday ahead of a joint OPEC and non-OPEC meeting later in the day that may address rising output in Nigeria and Libya. London Brent crude for September delivery was up 2 ...
Notable moves in markets and some key events coming up this week
July 24th, 2017
Stocks Mixed Before Earnings, Fed; Yen Pares Gains Stocks in Asia were mixed at the start of a week packed with earnings results and a Federal Reserve interest-rate decision. Oil remained below $46 a barrel before an OPEC meeting, ...
Oil steady as Brent crude hovers below $50 ahead of OPEC meeting
July 21st, 2017
Oil prices were little changed on Friday ahead of a key meeting of major oil producing nations next week, with Brent sitting below the $50 per barrel level that was briefly breached for the first time in six weeks ...
Dollar returned to its lowest in almost a year; Aussie Falls
July 21st, 2017
Stocks in Asia pared a back-to-back weekly advance while the dollar returned to its lowest in almost a year as investors assess an investigation into the U.S. president that may stall his economic agenda. The Australian dollar plunged the ...
Oil dips; The reasons
July 19th, 2017
Oil dips on rising U.S. crude inventories, high OPEC supplies Oil prices fell on Wednesday after a rise in U.S. crude inventories and ongoing high output from OPEC producers revived concerns of a fuel supply overhang. Brent crude futures ...
The logic of a modern gold standard
July 14th, 2017
The logic of a modern gold standard In last week’s Insight, I analysed the current geopolitical situation and concluded that it was now in the interest of the Shanghai Cooperation Organisation to break from the US dollar completely, ...
Oil prices stable as strong Chinese demand eases concern of ongoing glut
July 13th, 2017
Oil prices were stable on Thursday as strong demand from China eased concerns of an ongoing fuel glut. Brent crude futures were at $47.75 per barrel at 0357 GMT, up 1 cent from their last close. West Texas Intermediate ...
The U.S. dollar weakened on Trump Jr. Emails; Yen, Korean won lead currency gains
July 12th, 2017
The U.S. dollar weakened against its G-10 peers and European equity futures rose as attention turned to central bank policy after markets were rattled by reports of Donald Trump Jr.’s contact with a Russian lawyer. U.S. equity futures were ...
The reason Oil edged up on Tuesday
July 11th, 2017
Oil rises on firm short-term demand outlook; overall market still weak Oil edged up on Tuesday, lifted by a strong demand outlook for the coming weeks, but overall market conditions remain weak on the back of an ongoing fuel ...
Watch out: Global selloff in bonds; Investors on edge
July 7th, 2017
Asian bonds slump after German yields reach 18-month highs Yen falls as BOJ seeks to cap yields with bond purchase plan A global selloff in bonds and equities spread to Asia, with investors on edge as central banks step ...