Search Results for: Crude oil
How the Unshackled Ruble Has Changed Russia’s Economy Forever
November 10th, 2015
The weaker currency has hit consumers hard but helped oil producers Today marks the one-year anniversary of the freeing of the ruble for the first time in its post-Soviet history. In five charts, we show how the central bank’s ...
Asian stocks rejoice at offshore gains, Japan Post debut
November 4th, 2015
Asian stocks rose sharply on Wednesday, as a confluence of factors including a stellar market debut from Japan Post’s units in Tokyo fueled risk appetite in the region. A fifth straight day of gains for energy counters alongside a ...
Asian Stocks Track S&P 500 Gains; Aussie Rises as RBA Stays Put
November 3rd, 2015
Stocks rise from Sydney to Seoul as holiday closes Tokyo S&P 500 topped 2,100, back to pre-yuan devaluation levels Asian stocks climbed after signs of stabilization in global manufacturing activity helped drive the Standard & Poor’s 500 Index to ...
Saudi Arabia reacts sharply to S&P downgrade of kingdom’s debt rating
November 2nd, 2015
Saudi Arabia yesterday reacted sharply to Standard & Poor’s move to downgrade the kingdom’s debt rating. The debt rating agency said it would downgrade Saudi Arabia’s long-term rating a notch, from AA- to A+ with “a negative outlook”, citing ...
Global Stocks Fall Ahead of Fed Meeting
October 27th, 2015
Global stocks fell Tuesday as investors looked ahead to the conclusion of the Federal Reserve’s two-day policy meeting on Wednesday. The Stoxx Europe 600 was down 0.6% in early trade after U.S. stock markets mostly fell Monday on lower ...
Asian stocks advance on China rate cut, U.S. tech earnings
October 26th, 2015
Asian stocks on Monday were close to wiping out all their losses since China’s shock currency devaluation in August, as global equities rallied after the Chinese central bank cut rates and U.S. tech giants provided upbeat earning guidance. MSCI’s ...
China small-caps lead gains; rest of Asia mixed
October 22nd, 2015
Chinese stocks recovered from the prior day’s sudden sell-off, as a surge in small-caps rekindled investor interest. The rest of the region, however, put up a mixed performance as renewed weakness in commodity prices and an uninspiring lead from ...
Asia shares lag behind Nikkei, euro firm for ECB
October 21st, 2015
Asian shares turned mixed on Wednesday as soft export data kept investors cautious ahead of the European Central Bank‘s policy meeting later in the week, though Japan’s market was having a go at setting a new peak for the ...
Asian shares rise to two-month highs, dollar gains on U.S. data
October 16th, 2015
Asian shares hit a two-month high on Friday, catching some of Wall Street’s shine after upbeat U.S. price and jobless claims data calmed some concerns about the strength of the U.S. economy. MSCI’s broadest index of Asia-Pacific shares outside ...
Asian shares extend an October rally; dollar slips
October 12th, 2015
Asian shares rose on Monday, extending an October rally, as investors hunted for bargains in industrials and basic materials, fueled by a rebound in commodities while the dollar struggled as hopes of a Fed rate rise this year grew ...
