Search Results for: Energy
Investors are still betting big on gold. What do they know that you don’t?
March 28th, 2016
The stock market may be back on track, but nervous investors are still showering gold with tons of love. An impressive $13.4 billion was poured into gold assets over the past 11 weeks, according to Bank of America Merrill ...
Oil to rebound to around $50 by year end – Saxo Bank
March 28th, 2016
Several factors are helping oil prices gain ground The past two months of oil price volatility have taken its toll on the financial markets, with the main culprits for this dramatic price fall being excess production, concerns about a ...
Low Oil Prices Forcing Saudi Arabia To Modernize Economy
March 28th, 2016
The collapse in oil prices is forcing Saudi Arabia to undertake some deep and fundamental changes to its economy, reforms that no amount of browbeating from organizations like the IMF could induce. A new report from The Atlantic Council finds that ...
How Satisfying Millennials Could Save PwC $850 Million
March 25th, 2016
Consulting firm’s U.S. workforce is 80 percent under age 36 Flexible hours let employees manage family, go to yoga class PricewaterhouseCoopers had a big, expensive problem. Turnover, especially among younger employees, was “dreadful,” says Carol Sawdye, the company’s vice ...
Wall Street closes flat to end five-week rally
March 25th, 2016
Wall Street snapped a five-week winning streak on Thursday, with the three major indexes closing mostly flat, as a strengthening dollar weighed on commodity-related shares. The Dow Jones industrial average rose 13 points, or 0.08%, to 17,516, the S&P ...
Broker-dealer owner indicted in $17 million pump-and-dump scheme
March 24th, 2016
Guy Gentile accusing of fraudulently inflating price of stocks Scheme involved Raven Gold Corp., Kentucky USA Energy Inc. The owner of a New York broker-dealer was charged with fraudulently inflating the price of two micro-cap stocks before selling them to ...
Elliott Wave Analysis On S&P500 And Crude OIL
March 24th, 2016
S&P500 E-mini S&P500 has been trading higher recently, above 2000 important psychological level so we assume that price is making impulsive recovery; now in fifth sub-wave of an extended wave 3) that can be making a top formation now, ...
Oil prices tumbled 4 percent; U.S crude settling below the key $40 per barrel
March 24th, 2016
Oil prices tumbled 4 percent on Wednesday, with U.S crude settling below the key $40 per barrel mark after a sixth straight week of record highs in stockpiles that traders warned could cut short the market’s two-month long rally. ...
Asia markets slip amid Fed concerns, oil fall
March 24th, 2016
Asia markets ended lower Thursday, amid fresh declines in oil prices and concerns the U.S. Federal Reserve may hike interest rates sooner than expected. Japan’s Nikkei 225 ended down 108.65 points, or 0.64 percent, at 16,892.33, while South Korea’s Kospi index fell 9.15 ...
LME deploys Shield repository to support Belt and Road initiative
March 23rd, 2016
The London Metal Exchange (LME) today announces a strategic alliance with Henry Bath & Son Ltd, CMST Development Co Ltd and Mercuria Energy Trading to list warehouses for the LME’s new LMEshield repository in regions along China’s ‘The Belt ...
