Search Results for: Oil
GFG Weekly Market Insight – 2015: The Year of Massive Market Volatility? (week 12 Jan 2015)
January 16th, 2015
We continue to believe that one of the big themes to play out in the financial markets in 2015 will be increasing multi-asset class volatility. Reasons to think this may be the case include: (1) the bullish chart technicals ...
Investors fear global economy slowdown
January 16th, 2015
US stocks were traded lower on Thursday for the fifth consecutive time. Investors are concerned over global economy slowdown, which indicates a plunge in world crude oil prices, and fear that the results of American earnings reports wouldn’t meet ...
Russia Abandons PetroDollar By Opening Reserve Fund
January 16th, 2015
2015 has not been good to Russia; the spread between Brent and WTI is gone in anticipation of US exports and both benchmarks have flirted with sub $45 prices. A hostage to such prices, the ruble has yet to ...
Japan stocks plunge as yen surges; Sony down 4.1%
January 16th, 2015
Dramatic moves on the forex market sent Japanese stocks barreling lower out of the Friday open, with the Nikkei Stock AverageNIK, -1.43% down 2.1% (erasing the previous day’s 1.9% rally) and the broader Topix weaker by 1.8% in the early minutes. ...
What the Swiss franc shock means for markets
January 16th, 2015
Dennis Gartman told CNBC the Swiss decision Thursday to abandon a key part of its monetary policy is the worst central bank move he’s ever seen. “This really is I think a silly decision on their part and it ...
Asian Stocks Slide With U.S. Futures, Bonds Climb on SNB
January 16th, 2015
Asian shares dropped with U.S. index futures as the market turmoil sparked by Switzerland abandoning the franc’s cap extended into a second day. Sovereign bonds rallied and gold traded near a four-month high. The MSCI Asia Pacific Index fell 0.6 percent ...
Swiss National Bank press conference on Discontinuation of the minimum exchange rate
January 15th, 2015
Discontinuation of the minimum exchange rate The Swiss National Bank (SNB) has decided to discontinue the minimum exchange rate ofCHF 1.20 per euro with immediate effect and to cease foreign currency purchases associated with enforcing it. The minimum exchange rate ...
Euro-MPs back LuxLeaks tax probe
January 15th, 2015
European lawmakers backed an official probe into tax evasion Wednesday, a hot topic after the “Luxleaks” scandal that has embroiled EU commission head and former Luxembourg premier Jean-Claude Juncker. The Greens group said it had collected enough votes to ...
India’s central bank cuts key interest rate by quarter point
January 15th, 2015
The Reserve Bank of India cut its key interest rate Thursday by a quarter percentage point in a surprise move that adds impetus to government efforts to revive Asia’s third-biggest economy. The decision to lower the rate to 7.75 ...
Asia shares rise after commodities rebound, dollar regains ground
January 15th, 2015
Spreadbetters see higher open for European bourses RBI surprises with rate cut, Indian stocks rally Mood over risk assets still subdued after weak U.S. data Dollar gains some respite as U.S. yields inch up after plunge Asian stocks mostly ...
