Search Results for: Oil price
Asia Stocks Resume Slide Amid China Intervention; Metals Rise
January 5th, 2016
PBOC injects cash, state-run funds said to prop up stocks Oil rises to trade near $37 a barrel; base metals advance Asian stocks extended declines while Chinese shares shrugged off government efforts to prop up the country’s sputtering stock ...
Britain’s stock market just had its worst year since the financial crisis
December 30th, 2015
2015 is a year that investors in Britain’s biggest companies won’t want to repeat for a long, long time, and it’s all down to crashing commodity prices. At the time of writing, the FTSE 100, Britain’s blue chip share index dropped by ...
Asia equities gain; New Zealand hits record high
December 23rd, 2015
Asia stocks followed their Wall Street peers higher on Wednesday as investors cheered strong U.S. data, a pause in the greenback’s rally and higher oil prices. Markets in Japan were shut for the Emperor’s Birthday. The region is expected ...
Commodity losses
December 18th, 2015
Markets have been extraordinarily complacent about the bad debts building up in the financial system. In the wake of the Fed’s decision to raise interest rates this week, the effect on debt was barely mentioned in the subsequent analysis ...
IMF head Lagarde to face French trial over Tapie affair
December 18th, 2015
Christine Lagarde accused of negligence over €400m payout to businessman Bernard Tapie, who supported Nicolas Sarkozy in 2007 presidential race. Christine Lagarde, managing director of the International Monetary Fund, is tostand trial in France over a multimillion-euro government payment to ...
Saxo Bank’s 10 Outrageous Predictions for 2016
December 16th, 2015
Saxo Bank, the online multi-asset trading and investment specialist, has today released its annual set of ‘Outrageous Predictions’ for the year ahead. These … Saxo Bank, the online multi-asset trading and investment specialist, has today released its annual set ...
Junk Bond Crisis Starts To Metastasize
December 15th, 2015
With junk bonds finally reverting to their intrinsic value, the question on everyone’s mind is “what blows up next?” Here’s the first in what might be a long, painful list: “CLOs Hammered as Energy Rout Plays Havoc ...
Turkey still best bet for Israeli gas exports
December 14th, 2015
Former US diplomat Matthew Bryza believes Israel should make every effort to overcome hurdles to exporting gas to Turkey. “The prime minister’s announcement that Israel was interested in exporting gas to Turkey was a signal of strong and very ...
Russia to launch own crude benchmark in 2016
December 14th, 2015
Russia wants to see its domestic oil blends compete with Brent and WTI as primary global crude benchmarks, according to an official from the St. Petersburg International Mercantile Exchange (SPIMEX). “Our goal is to take a place among the ...
Asian stocks trade lower, China bucks trend
December 14th, 2015
Asian equities traded mostly lower on Monday, as investors remain focused on the mid-week decision from the U.S. Federal Reserve. The Chinese market bucked trends and traded up, boosted by upticks in shares of brokerages and banks. Kathy Matsui, managing ...
