Search Results for: Bank of Russia
OPEC is winning the oil war
September 15th, 2015
Oil markets may not balance until late 2016, but supply is finally contracting in a big way. Early last week the EIA confirmed that U.S. oil production was down sharply since peaking in April at 9.6 million barrels per day (mb/d). ...
Oil prices dip as demand stalls – IEA releases Oil Market Report for September
September 14th, 2015
Oil prices dipped on Monday in Asia as weakening demand weighed on markets, although U.S. futures received some support from reduced American drilling. Front-month Brent crude futures LCOc1 were down 37 cents at $47.77 per barrel at 0448 GMT. U.S. crude ...
Oil prices fall as Asia’s leading economies slow further
September 10th, 2015
Oil prices fell on Thursday as weak Japanese and Chinese economic data fueled concerns that low levels of investment could further erode already slowing global growth. Japan’s core machinery orders fell 3.6 percent in July, official data showed, much ...
Oil markets rise as Asian stock markets catch a tailwind
September 9th, 2015
Crude oil prices rose on Wednesday as Asian stock markets caught a tailwind from a strong performance in the United States and Europe, although fuel markets remained generally dogged by oversupply. Asian shares gained after upbeat German economic data ...
Putin says dump the dollar (Video)
September 4th, 2015
Russian President Vladimir Putin has drafted a bill that aims to eliminate the US dollar and the euro from trade between CIS countries. This means the creation of a single financial market between Russia, Armenia, Belarus, Kazakhstan, Kyrgyzstan, Tajikistan ...
PayPal Announces Launch of PayPal.Me Peer-to-peer Payments Similar to Square Cash or Bitcoin Wallets
September 4th, 2015
Receiving money from a friend, client or anyone else on PayPal just got a little bit easier. Today, the company announced the launch of PayPal.Me, a personal, vanity PayPal link that makes it easy to remind people to send ...
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 ...
Oil Price Collapse Triggers Currency Crisis In Emerging Markets
August 24th, 2015
Emerging market currencies are getting slammed by the collapse in commodity prices, a downturn that has accelerated in recent weeks. The health of many middle-income and emerging market economies has been predicated on relatively strong commodity prices. A whole ...
China chooses her weapons
August 22nd, 2015
China’s recent mini-devaluations had less to do with her mounting economic challenges, and more to do with a statement from the IMF on 4 August, that it was proposing to defer the decision to include the yuan in the ...
Gold demand falls in Q2 2015
August 13th, 2015
Gold demand falls in Q2 2015 as reduced consumer appetite in Asia outweighs increased buying in some western markets The World Gold Council’s Gold Demand Trends report for Q2 2015 shows total demand was 915 tonnes (t), a fall of 12% ...
