Search Results for: crude futures
Asian shares skid as Fed monetary meeting looms
July 27th, 2015
Asian shares began the week on a plaintive note amid losses on Wall Street and worries over China, while investors braced for a Federal Reserve meeting that might take another small step toward lifting U.S. interest rates. Financial spreadbetters ...
Oil under $48-a-barrel, but analyst sees a bottom
July 27th, 2015
Oil prices are trading sideways on Monday after last week’s fall due to a supply overhang as well as a broadly strong dollar. Brent crude LCOU5, -0.16% , the global oil benchmark, rose 5 cents to $54.50 a barrel on London’s ICE ...
Australian dollar hits fresh six-year low as Chinese factories continue to falter
July 24th, 2015
Chinese manufacturing was sluggish for the fifth month running, a new survey shows, while the strengthening greenback sends the Aussie below US73c The Australian dollar fell to a fresh six-year low and stocks across Asia dropped sharply after more ...
Asian shares skid as weak China PMI revives demand concerns
July 24th, 2015
Asian equities stumbled on Friday after a survey showed China’s manufacturing activity crumbled to 15-month lows, rekindling concerns for the region’s exports as the world’s second-largest economy struggles to arrest a broad downturn. MSCI’s broadest index of Asia-Pacific shares ...
Investors Flee Commodities
July 21st, 2015
The prices of raw materials from oil and gold to copper, cotton and sugar tumbled, underscoring an increasing aversion to commodity investments as the Federal Reserve prepares to raise interest rates for the first time in nearly a decade. ...
Stocks, euro staggered by Greece; China rescue in doubt
July 6th, 2015
Asian stocks hit a six-month trough and the euro stumbled on Monday after a Greek vote against austerity measures endangered its future in the single currency and raised the risk of a full-blown crisis in the euro zone. A ...
Asian shares, dollar edge down as markets eye Greece
June 25th, 2015
Asian shares and the dollar edged down in Asian trade on Thursday, with investors on ice ahead of a meeting of European Union leaders later in the session as Greece continued last-minute efforts to avert a default. Athens’s talks ...
Asia stocks up, dollar sags as Fed tempers expectations for rate rise
June 18th, 2015
An index of Asian shares gained on Thursday while the dollar eased slightly after the Federal Reserve signaled that interest rates would rise more slowly than markets had expected. Spreadbetters, however, expected Greek debt matters to reclaim the spotlight ...
Asian shares and euro slip as Greece fails to reach debt deal
June 15th, 2015
Asian shares fell and the euro skidded in Asian trade on Monday, after Greece‘s talks with lenders to avert a default ended with no agreement and Wall Street logged losses ahead of a Federal Reserve meeting. European Union officials ...
IEA releases Oil Market Report for June
June 12th, 2015
Lower non-OPEC output trims global supply, but production still steeply higher than last year Global oil supplies fell by 155 000 barrels per day (155 kb/d) in May to 96 million barrels per day (mb/d) on lower non-OPEC output, ...