Search Results for: Federal Reserve
Oil prices rise on Nigeria pipeline attack, weaker dollar
November 3rd, 2016
Crude oil futures rose on Thursday as an attack on a Nigerian oil pipeline and a weaker U.S. dollar buoyed sentiment in the market, lifting prices from five-week lows. Brent crude was trading up 50 cents, or 1.1 percent, ...
Asian Stocks Weighed Down by Earnings as Euro Declines With Oil
October 21st, 2016
Crude falls on Russia supply concerns as dollar strengthens Hong Kong’s financial markets shut owing to Typhoon Haima Asian stocks snapped a three-day winning streak as corporate earnings gave cause for caution and the euro sank to its weakest ...
Deutsche Bank Is Said to Begin Companywide Hiring Freeze
October 14th, 2016
Deutsche Bank has instituted a company wide hiring freeze as the embattled lender looks to speed up efforts to reduce costs and regain the confidence of investors as concerns mount about the progress of its turnaround, according to a person ...
Asian Stocks Fall on U.S. Rate Outlook, Samsung as Pound Jumps
October 12th, 2016
Sterling snaps drop with Parliament to discuss Brexit plan Oil below $51 amid doubts over Russia’s stance on OPEC deal Asia stocks dropped for a fourth day as investors fretted about the prospect of U.S. interest-rate hikes and Samsung ...
Oil price falls back from one-year highs, hit by OPEC deal concerns
October 11th, 2016
Oil fell back from one-year highs on Tuesday, knocked by concerns that a production cut by the world’s largest exporters might not be enough to erode a two-year old global surplus of unwanted crude oil. Oil prices jumped as ...
Asia Stocks Fall as Pound’s Flash Crash Supports Yen, Treasuries
October 7th, 2016
Sterling briefly sinks as much as 6.1%, most since Brexit Dollar gains as Fed rate-hike bets build before payrolls Asian stocks fell with U.S. equity index futures and the yen strengthened after a sudden plunge in the pound spooked ...
Gold prices rise after Fed holds rates but high won’t last, says CEF CEO
September 22nd, 2016
Gold prices hit their highest level in 12 days after the Federal Reserveheld interest rates, but this rally may well be the last in the short-term, one gold pro says. Warren Gilman, chairman and CEO of CEF Holdings, the told CNBC’s “Squawk ...
Fed expected to keep rates unchanged, may signal year-end hike
September 21st, 2016
The U.S. Federal Reserve is expected to keep interest rates unchanged on Wednesday amid tepid inflation and recent weak economic data, but could signal an increased likelihood of a hike by the end of the year. The U.S. central ...
Asian Stocks Near One-Week High Before BOJ, Fed as Kiwi Climbs
September 20th, 2016
New Zealand dollar gains with milk prices; Taiwan dollar rises European equity futures fall as oil hovers near $43 a barrel Asian stocks held near a one-week high and European equity index futures declined ahead of Wednesday policy decisions ...
Oil prices rise on trouble at Libya’s oil ports
September 19th, 2016
Crude-oil prices recovered losses in early Asian trade on news that military conflicts in Libya had affected its oil exports over the weekend. The Petroleum Facilities Guards, a militia that until this month had controlled Libya’s oil ports for ...
