Search Results for: Crude oil
Dollar Gains as Yuan Fallout Continues for Emerging Assets
August 17th, 2015
The dollar strengthened as China’s shift to a more market-oriented exchange rate continued to reverberate through emerging economies, driving stocks and the ringgit lower. Oil fell, leading a gauge of commodities to a 13-year low. The dollar was stronger ...
Switzerland Is First to Lift Iran Sanctions
August 13th, 2015
Switzerland Lifts Sanctions On Iranian Oil, Precious Metals Sales Switzerland is lifting some sanctions against Iran in what it calls a sign of support for the agreement between Tehran and world powers over its nuclear program. The neutral country’s ...
The Availability and Price of Petroleum and Petroleum Products Produced in Countries Other Than Iran
August 12th, 2015
June – July 2015 Update The U.S. Energy Information Administration (EIA) estimates that global oil inventories grew by an average of 2.5 million barrels per day (b/d) in June and July, sharply exceeding the 0.4 million b/d build during ...
This Precious Metal Needs a Silver Bullet
August 6th, 2015
In the past 12 months alone, the benchmark silver-futures contract has declined 27% Once prized as a precious metal that could be put to practical use, silver is now getting the worst of both worlds. Like gold, silver has ...
China makes FX rules ready for foreigners to trade its commodity futures
August 3rd, 2015
Foreign investors will be allowed to transfer either foreign currency or yuan funds into China to trade in the country’s commodity futures markets, the foreign exchange regulator said on Friday. The imminent opening of its booming commodity futures market ...
Asian stocks near 2015 lows on China worry, dollar steadies
August 3rd, 2015
An index of Asian shares outside Japan fell close to this year’s lows on Monday thanks to a deepening selloff in commodities and fresh concerns over slowing growth in China, while the dollar held its ground against a basket of ...
Asian shares edge up, wary of China volatility
July 31st, 2015
Asia markets record monthly loss after China drop U.S. GDP data reinforces bets that Fed is on track to hike Nikkei down after Japanese data disappoints Gold, copper record losses on stronger dollar Asian shares inched higher on ...
The UAE: On the road to economic development
July 30th, 2015
In the past two years, the UAE has achieved three major milestones on the journey towards a sustainable and diverse economy. In 2014, the UAE’s stock exchanges were upgraded from ‘Frontier’ to ‘Emerging’ market status by the global markets ...
Euro static as Greek bailout talks resume – Euro Currency update
July 29th, 2015
Euro The Greek bailout talks resumed on Tuesday with a high security presence, but as no interesting news emerged from the discussions the Euro was left trading fairly statically against a number of its peers. The common currency did ...
Copper, China And World Trade Are All Screaming That The Next Economic Crisis Is Here
July 27th, 2015
If you are looking for a “canary in a coal mine” type of warning for the entire global economy, you have a whole bunch to pick from right now. “Dr. Copper” just hit a six year low, Morgan Stanley ...
