Search Results for: Russia
Oil prices dip as supply remains ample despite output cuts
May 18th, 2017
Oil prices dipped on Thursday, weighed down by plentiful supply despite ongoing efforts led by OPEC to tighten the market by cutting production. Brent crude LCOc1 was down 18 cents, or 0.3 percent, from its last close at $52.03 ...
Asian markets mostly down as dollar continues to fall
May 17th, 2017
A falling U.S. dollar pressured stocks in Japan and cast broader concern over equity markets in the region, as turmoil in Washington continued to raise doubts about the Trump administration’s ability to make progress on policy. The WSJ Dollar ...
Oil drops on rising U.S. crude inventories, defies expected supply cut extension
May 17th, 2017
Oil prices fell on Wednesday after data showed an increase in U.S. crude inventories, stoking concerns that markets remain oversupplied despite efforts by top producers Saudi Arabia and Russia to extend output cuts. Brent crude was down 41 cents, ...
Goldman Sachs Sees Big Potential for Fintech in Brazil
May 16th, 2017
Brazil is experiencing a wave of growth in financial technology that will most likely eat into the market share of the country’s huge and long untouchable banks, a new report from Goldman Sachs says. Entitled “Fintech Brazil’s Moment,” the ...
How natural gas could be a geopolitical game-changer in the Mideast
May 15th, 2017
It’s a discovery that could easily shake up the geopolitical order in the Middle East. Deep under the eastern Mediterranean lies the largest natural gas basin ever found on Europe’s doorstep. But the gas fields often coincide with disputed ...
China shares gain on spending program
May 15th, 2017
Hang Seng China Enterprises Index on course for six-day surge Oil climbs as Russia, Saudi Arabia favor extending output deal Chinese equities rose as optimism over infrastructure spending offset concerns over the strength of the global economy, while oil surged ...
Dollar hits eight-week highs vs. yen, kiwi tumbles
May 11th, 2017
The dollar edged lower after notching an eight week high against the yen on Thursday in Asian trade, while the New Zealand dollar tumbled after its central bank suggested a tightening was further out than markets had priced in. ...
Asia Stocks Rise; Yen Gains
May 10th, 2017
China shares in Hong Kong surge, Kospi drops after election S&P 500 futures slip as Trump fires FBI boss James Comey Asian stocks resumed a rally as Hong Kong shares jumped to a 21-month high. U.S. stock-index futures slipped ...
Oil gives up earlier gains as rising US output, China concerns weigh
May 9th, 2017
Oil prices gave up earlier gains on Tuesday, as concerns over slowing demand and a relentless rise in U.S. crude output undermined the impact of hopes that OPEC-led production cuts could be extended. Brent crude futures, the international benchmark ...
Bitcoin is soaring to high levels
May 8th, 2017
Global stock indexes are not the only asset class making new highs on a daily basis. Cryptocurrencies — specifically bitcoin — are soaring to fresh levels as well. Despite two major setbacks for bitcoin in 2017, it has soared ...
