Search Results for: Crude prices
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 ...
Oil to hit low $30s by the end of 2015: Kilduff
July 31st, 2015
The prospect of oil prices falling below $40 receded earlier this year amid a crude rally, but with futures sliding again, investors shouldn’t rule out a three-handle, Again Capital founding partner John Kilduff said Thursday. “Christmas time we’ll probably ...
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 ...
Asian shares, dollar up on Fed’s optimism; earnings in focus
July 30th, 2015
Asian stocks tiptoed higher on Thursday and the dollar consolidated recent gains after the U.S. Federal Reserve painted a relatively bright picture of the economy, but a deepening sell-off in commodities kept gains in check. Prospects of stronger U.S. ...
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 ...
Asia stocks up as China steadies, wary of Fed
July 29th, 2015
Asian shares were mostly higher on Wednesday on hopes that Beijing could stem the rout in its markets without damage to the economy, though caution was the watchword ahead of a policy decision from the U.S. Federal Reserve. The ...
BP Has Worst Profit in 10 Years on Libya Write-Off, Trading
July 28th, 2015
BP Plc reported the lowest quarterly profit in at least 10 years after a boom in trading faded and the conflict in Libya forced almost $600 million of writedowns. Profit adjusted for one-time items and inventory changes dropped to ...
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 ...
Asian shares skid as Fed monetary meeting looms
July 27th, 2015
Asian shares began the week on a plaintive note amid losses on Wall Street and worries over China, while investors braced for a Federal Reserve meeting that might take another small step toward lifting U.S. interest rates. Financial spreadbetters ...
