Search Results for: U.S. oil
Dollar Gains Fifth Day Versus Yen Before GDP as Aussie Weakens
December 23rd, 2014
The dollar rose for a fifth day against the yen before U.S. reports that analysts said will show economic growth was revised higher and durable goods orders increased. A gauge of the greenback climbed to a five-year high after ...
Gold inches higher on weaker dollar
December 22nd, 2014
Gold edged up on Monday on buying interest from Asia and as the dollar retreated, but gains were kept in check by stronger equities that dulled the metal’s safe-haven appeal. Strength in oil prices also supported bullion, but gains ...
Brent climbs above $62 as Asian markets open strong
December 22nd, 2014
Oil prices rose on Monday as Asian markets opened strongly into a holiday-shortened week and consensus spread that Brent crude futures would likely remain above $60 for the rest of the year. MSCI’s broadest index of Asia-Pacific shares outside ...
U.K. regulators hit hurdles on fixing benchmarks
December 18th, 2014
U.K. regulators are expected to report in coming weeks on plans to fix global financial benchmarks. But efforts so far under way are already running into difficulties. Some market participants are worried that a new benchmark silver price isn’t ...
Who Are the Winners of Russia’s Ruble Meltdown?
December 18th, 2014
The Russian ruble‘s spectacular falls this year have been relentlessly portrayed as bad news. But with the ruble now down some 45 percent against the U.S. dollar since January, are there no winners? Companies that produce in Russia but sell abroad are bound ...
A Full-Blown Economic Crisis Has Erupted In Russia
December 17th, 2014
The 8th largest economy on the entire planet is in a state of turmoil right now. The shocking collapse of the price of oil has hit a lot of countries really hard, but very few nations are as dependent ...
Plunging Ruble Unsettles Russians, Poses Test for Putin
December 17th, 2014
As Russian President Vladimir Putin has ratcheted up the conflict with the West for most of the year, the economic fallout on ordinary Russians has been limited. Suddenly, though, the plunging ruble is reawakening fears of rising prices and ...
Yen Falls From Four-Week High Before Fed as N.Z. Dollar Slides
December 17th, 2014
The yen retreated from the strongest in four weeks against the dollar before the Federal Reserve concludes a two-day policy meeting today. The yen has been the biggest gainer among the 10-currency Bloomberg Correlation-Weighted Indexes in the past week ...
Brent below $60: Prepare for ‘dramatic’ investment cuts
December 16th, 2014
Brent crude prices fell below $60 per barrel for the first time since July 2009 on Tuesday, prompting analysts to warn of a “dramatic” cut in investment – which could hit future supply. Brent for January delivery was trading ...
Russia’s ruble rout rattles emerging markets
December 16th, 2014
Russia’s currency rout has sent a shudder through global markets and the sell-off is spreading to other emerging markets. The Russian ruble plunged about 12% Monday, while the Indonesian rupiah fell to its lowest level since the 1997 Asian ...
