Search Results for: Big Four
Russia, Saudis See Oil Inventories Falling After Price Drop
June 12th, 2017
Market to be balanced in first quarter of 2018: Russia’s Novak Saudi minister sees stockpiles falling faster in coming months A deal among oil-producing countries to curb production and balance an oversupplied market will achieve its objective in the ...
Asia Stocks Mixed Before Key Europe, U.S. Events
June 8th, 2017
Asia Stocks Mixed Before Key Europe, U.S. Events Oil crawls back after tumbling Wednesday on stockpiles report Investors remain cautious; yen erases loss on BOJ report Investors were reluctant to add big positions ahead of key events looming in ...
Asia Stocks Rally as Nikkei Tops 20,000; Yen Slips: Markets Wrap
June 2nd, 2017
Japan leads Asian equities after fresh record for S&P 500 All eyes now turn to monthly U.S. jobs report on Friday Asian stocks rallied, with the Nikkei 225 Stock Average topping 20,000 for the first time since 2015, as ...
Time To Add Housing To The Bubble List?
June 1st, 2017
Housing is hot again, but lately it’s been overshadowed by flashier bubbles in government debt, tech stocks and possibly cryptocurrencies. Still, the warning signs are spreading. Today’s Wall Street Journal, for instance, reports that homeowners are back to ...
Uber’s Finance Head Leaves Amid $708 Million Loss
June 1st, 2017
Uber Technologies Inc’s head of finance is leaving as the ride-hailing company reported continued big losses for the first quarter, the Wall Street Journal reported on Wednesday. The ride-hailing company’s first-quarter revenue was $3.4 billion, up 18 percent from ...
Asia Stocks Rise as Yuan Strengthens, Oil Rebounds: Markets Wrap
June 1st, 2017
Japan’s Topix gains while China shares slip amid economic data Onshore yuan heads for biggest 4-day gain in almost 12 years Asian equities rose, with a rally in Japan offsetting declines in China, as investors weighed economic data and ...
Yuan heads for weekly gain; Pound slides
May 26th, 2017
Crude extends declines as OPEC meeting brings no surprises Japan, Australian equities drop; yuan heads for weekly gain A slump in crude weighed on energy shares as most Asian equity markets headed for a lower finish to the week. ...
Oil climbed toward $51 a barrel
May 22nd, 2017
Crude rises after Saudi Arabia says agreement reached on cuts Pound drops after U.K. threatens to quit Brexit negotiations Oil advanced a fourth day in the build up to OPEC’s gathering in Vienna this week, as speculation grows that ...
Crude’s rally took the price of a barrel back above $48 in New York
May 12th, 2017
Retailers slump on Macy’s results as bonds, gold advance Crude sustains momentum in wake of U.S. stockpile data U.S. stocks fell from records, though losses eased in afternoon trading as crude’s rally took the price of a barrel back ...
Oil futures rose in Asian trading on Wednesday
May 10th, 2017
Oil futures rose in Asian trading on Wednesday after Reuters reported Saudi Arabia would cut supplies to the region as OPEC battles against rising U.S. output that is threatening to derail its attempts to end a sustained global glut ...
