Search Results for: OPEC
As Oil Plunges, Energy Junk Bonds Turn Dangerous — Again
November 14th, 2018
Back in 2104 oil was falling and hundreds of billions of dollars of energy junk bonds and leveraged loans looked to be at risk. Wolf Street had this to say at the time: “Oil and Gas ...
Pound and Yen fell, Asian stocks pointed to a firm start; These are the main moves
November 12th, 2018
Asian stocks and futures pointed to a firm start for equity markets in London and New York as investors assessed whether the recent rallies can endure. The pound slid as U.K. Prime Minister Theresa May fought to keep her ...
The biggest of big pictures
October 26th, 2018
I have had a request from Mrs Macleod to write down in simple terms what on earth is going on in the world, and why is it that I think gold is so important in this context. She-who-must-be-obeyed ...
Oil prices fall one percent amid global stock market slump
October 25th, 2018
Oil prices fell by around one percent on Thursday, coming under pressure from sharp selloffs in global stock markets, with U.S. stocks posting the biggest daily decline since 2011 to wipe out the year’s gains. Front-month Brent crude oil ...
Global stocks extended declines Tuesday
October 10th, 2018
Global stocks extended declines Tuesday, taking European markets past a six month and pulling U.S. equity futures into the red, following a downbeat assessment of world economic growth from the International Monetary Fund and a renewed rise in U.S. ...
Will oil prices pass $100 a barrel?
September 26th, 2018
Oil prices hit a four-year high of $82.01 a barrel on Tuesday after Saudi Arabia and Russia appeared to reject calls from the US to increase production amid looming sanctions against Iranian oil. Brent crude hit its highest level ...
Australian dollar to U.S. dollar declined, Gold fell; Key events coming up this week
September 24th, 2018
Stocks in Hong Kong fell with U.S. equity futures and the Australian dollar after China called off planned trade talks with U.S. officials, potentially triggering an escalation in the protracted tariff war between the world’s two-biggest economies. While the ...
Asia stocks build on rally; These are the main moves in markets
September 21st, 2018
Asia stocks are set to cap the strongest two-week rally since February as investors take in evidence that escalating trade tensions have yet to hurt global growth and China’s moves to support its expansion. With the world’s expansion intact ...
Early Traders Review: The Euro and Yen up against the Dollar; Asian Stocks fell
September 17th, 2018
Asian stocks fell with emerging-market currencies after the latest U.S. move to place a further tranche of tariffs on Chinese goods and amid signs some central banks are struggling to stabilize their currencies. The dollar maintained gains. Shares in ...
Oil prices rose as U.S. drilling for new production stalled
September 10th, 2018
Oil prices rose on Monday as U.S. drilling for new production stalled and as the market eyed tighter conditions once Washington’s sanctions against Iran’s crude exports kick in from November. U.S. West Texas Intermediate (WTI) crude futures were at ...
