Search Results for: Oil price
New Tax Threatens to Destroy Gas Production in Ukraine
August 13th, 2014
Independent gas producers in Ukraine are joining forces to pressure the government in Kiev to re-think its new gas tax before everyone makes a run for the border in search of new assets in a more stable environment. Private ...
Technical Analysis Gold – Eyes Down on Key $1290 Level
August 12th, 2014
Technical Analysis Gold for Tuesday, August 12, 2014 To finish out last week Gold exhibited signs of a rejection pattern with its last red candlestick which has been followed through a little to start this week as it has ...
Australia 200 – Support Stands Firm at 5400
August 12th, 2014
Australia 200 for Tuesday, August 12, 2014 After being on quite a roll for several weeks throughout July, the Australian 200 Index has fallen sharply over the last couple of weeks returning back to more familiar territory between the ...
Technical Analysis AUD/USD – Steadies Below Key 0.93 Level
August 12th, 2014
Technical Analysis AUD/USD for Tuesday, August 12, 2014 The Australian dollar is trading in a very small trading range right on top of the support level at 0.9260 after dropping so sharply in to finish out last week from ...
ExxonMobil’s Russian ‘Cooperation’ in Arctic Despite Sanctions
August 12th, 2014
Despite sanctions from the West on Russian oil companies, President Vladimir Putin is praising ExxonMobil as a potential cooperator to begin an oil drill project in the Arctic. “Today, commercial success is driven by efficient international cooperation,” Putin told ...
Europe Index Futures Tumble With Asian Stocks; Kiwi Drops
August 6th, 2014
European index futures (SPA) dropped with the euro and stocks in Asia amid escalating tensions over Ukraine and concern that stronger U.S. growth will lead to sooner-than-projected interest-rate increases. New Zealand’s dollar and emerging-market currencies weakened. Futures on the ...
Investors Cheer Portuguese Bank Rescue
August 4th, 2014
Investors breathed a sigh of relief on Monday after Portugal prevented the collapse of one of its biggest banks, putting some life back into European stocks following last week’s slide and pushing bond yields lower across the board. Lisbon ...
Week in FX Asia – BOJ Defends Inaction Strong USD Provides Breathing Room
August 1st, 2014
BOJ Defends Its Assessment of the Japanese Economy Bank of Japan Governor Haruhiko Kuroda defended the bank’s positive assessment of the economy on Friday. Data release out of Japan have been weak and prompted an assurance from the BOJ ...
S&P 500 index reports worst downfall since April; indexes down for July
August 1st, 2014
The U.S. S&P500 stock index posted its worst daily fall since April and its first monthly drop since January on Thursday, as economic data sparked concern the Federal Reserve could raise interest rates sooner than some have expected. Data ...
Canada’s Dollar Touches 7-Week Low on Growth Concern
August 1st, 2014
Canada’s dollar touched the weakest level in almost two months as data showing the economy expanded in May failed to damp concern growth is lagging behind that of the U.S., its largest trading partner. The currency later erased losses ...
