Search Results for: Iraq
Gold Remains Rangebound
August 13th, 2014
Gold is listless on Wednesday, continuing a week with little movement. The spot price stands at $1308.60 per ounce in the European session. On the release front, attention shifts to US retail sales data, with the release later today ...
West TX Oil Drops to 97.30 on Pressure
August 13th, 2014
Brent crude slipped below $103 a barrel on Wednesday to trade near its lowest level in more than a year as ample supplies countered any disruption risks posed by lingering tensions in Iraq and Libya. It was the fourth ...
Overview on shares and stocks
August 13th, 2014
Markets are called partially lower this morning as investors reflect on the geopolitical crisis in Ukraine, Iraq and Gaza. The FTSE is called flat at 6,633, the German Dax is seen down nine points at 9,172 and the French ...
Iran sidesteps oil sanctions
August 13th, 2014
Iran is looking to export increasing amounts of oil to China and Asian markets by finding a way to sidestep Western sanctions. This will expand the value of its trade by potentially billions of dollars a year. In doing ...
West TX Oil Clings to $98 on Further Draws on Supply
August 12th, 2014
U.S. crude oil edged up on Monday as traders moved to cover short positions amid expectations on further draws in domestic crude inventory stocks. Brent was weaker but the markets were supported by a number of geopolitical risks carrying ...
Wall St ends up for second day on hopes for Russia relief
August 12th, 2014
U.S. stocks ended higher on Monday, extending the rally from Friday as investors hoped that Russia’s move to send humanitarian aid to Ukraine would ease tensions between the two countries. Earlier in the day, NATO chief Anders Fogh Rasmussen ...
Asia shares extend bounce, oil pinned near lows
August 12th, 2014
Asian shares nudged higher on Tuesday, tracking rallies in the United States and Europe as investors seemed to put aside geopolitical concerns, at least for the moment. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS added 0.3 percent ...
Gold – Looking Back Down at the Key $1290 Level
August 11th, 2014
Gold for Monday, August 11, 2014 To finish out last week Gold exhibited signs of a rejection pattern with its last red candlestick showing a probability to head back down again. In the middle of last week it moved ...
Asia stocks rose on Wall St. rally, dollar firm after rebound
August 11th, 2014
Asian stocks rose on Monday as tensions eased slightly in Ukraine, while the dollar held steady against the safe-haven yen after rebounding sharply late last week. Spreadbetters expected the upbeat momentum for equities to continue into Europe, with Britain’s ...
Sell in May? Stocks flop: Dow hits lowest level since May 20
August 8th, 2014
Stocks fell Thursday as investors continued to worry about rising global tensions despite reports of an improving U.S. economy. The Dow Jones industrial average ended down 75 points, or 0.5%, to 16,368.27. The Standard & Poor’s 500 index fell ...
