Search Results for: Oil price
December 14th To 18th: A Week Of Reckoning For Global Stocks If The Fed Hikes Interest Rates?
December 14th, 2015
Are we about to witness widespread panic in the global financial marketplace? This week is shaping up to be an absolutely critical week for global stocks. Coming into December, more than half of the 93 largest stock market indexes ...
Nikkei closes up, ASX hits one-month low
December 11th, 2015
Asian markets closed mixed on Friday, despite Wall Street’s positive finish overnight, as record low oil prices weighed resources plays and China shares traded in negative territory as another top executive was reported missing by local media. “Most investors ...
RBNZ: Official Cash Rate reduced to 2.5 percent
December 10th, 2015
Statement by Reserve Bank Governor Graeme Wheeler: The Reserve Bank today reduced the Official Cash Rate (OCR) by 25 basis points to 2.5 percent. Globally, economic growth is below average and inflation is low, despite highly stimulatory monetary conditions. ...
Asian markets trade lower, China bucks trend on IPO reform news
December 10th, 2015
Chinese stocks bucked a generally downward trend in Asian markets on Thursday to trade in positive territory after news broke that Beijing will finally introduce much-need IPO reforms. Oil prices, which remain under pressure due to a global supply ...
Asian stock markets end lower; economic data in focus
December 9th, 2015
Asian equities ended lower on Wednesday as major markets such as Japan and China released economic data. Oil prices also ticked up during Asian trading session after closing near six-year lows overnight. The U.S. West Texas Intermediate (WTI) crude futures were ...
Investors Keep Pulling Cash Out of Turkey
December 8th, 2015
Foreign investors withdrew $7.6 billion from stocks, bonds Capital Economics sees lira, bonds extending declines Foreign investors look set to keep pulling their money out of Turkey after dumping a record amount of stocks and bonds this year. Investors from ...
UAE private sector business activity rebounds from 30-month low
December 8th, 2015
The economies of Saudi Arabia and the UAE showed a mild improvement in November, according to a monthly survey of businesses. But economists believe that the impact of low oil prices and a slowdown in infrastructure spending will lead ...
Asian markets close near flat, economic data eyed
December 7th, 2015
Asian stocks lost much of their gains from the morning session to close near flat on Monday, as investors eye a host of economic data due this week. Last week, nonfarm payrolls data showed the U.S. economy created 211,000 ...
OPEC Heads for Status Quo as Members Clash Over Output Cut
December 4th, 2015
Saudi Arabia opposes cuts without Russian participation Venezuela rallies cash-strapped members to support output cuts OPEC looked on track to maintain the status quo after member states clashed over oil production policy at an unusual informal gathering before the ...
Asian stock markets trade mixed; commodities weigh
December 3rd, 2015
Asian stocks trimmed losses Thursday as oil prices edged up from an over three month low, although the mood remained cautious ahead of key economic events overseas. U.S. crude prices clawed back gains and was up 43 cents or 1.08 ...
