Search Results for: crude futures
Asia shares swing higher as China nears seven year high
March 30th, 2015
Asian stock markets rose on Monday, with China stocks nearing a seven-year peak on hopes for more infrastructure spending and policy stimulus, while oil prices suffered further from excess supply. Activity was guarded most elsewhere in a week book-ended with holidays ...
Volatility shakes currency markets
March 27th, 2015
Nervous markets will favour the greenback as a traditional safe-haven asset, but not the Australian dollar. Volatility is creeping back into the market and creating headaches for foreign exchange traders as they second-guess the timing of United States interest ...
Oil prices surge after Saudi air strikes in Yemen
March 26th, 2015
Brent crude oil shot up nearly 6 percent on Thursday after Saudi Arabia and its Gulf Arab allies began a military operation in Yemen, but the benchmark later came off its high near $60 as importers saw no immediate threat to supplies. The strike against ...
Asia stocks stall as Fed-inspired lift peters out, dollar steady
March 20th, 2015
Asian stocks stalled on Friday as Federal Reserve-inspired gains petered out, while the dollar steadied after rebounding from the shock of a surprisingly dovish U.S. central bank. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS edged down 0.1 ...
Oil Slump Extends to a Fifth Week as Global Glut Seen Expanding
March 20th, 2015
Oil trading near the lowest price in six years is headed for a fifth weekly drop amid signs the global supply glut is worsening. Futures were little changed in New York after falling for the seventh time in eight ...
OPEC to keep production steady as oil rally falters
March 19th, 2015
The Organization of Petroleum Exporting Countries (OPEC) has ‘no choice’ but to maintain its current production level of 30 million barrels per day, according to Kuwait’s oil minister Ali al-Omair. Both Brent and WTI rallied briefly on Fed comments ...
Asia stocks surge, bond yields tumble on Fed caution
March 19th, 2015
Asian shares enjoyed their best session in 18 months on Thursday as investors priced in a later start and a slower pace for future U.S rate rises, slashing sovereign bond yields from Japan to Australia. The shift in rate expectations hit the ...
Commodities interdealer broker and Trading Technologies issued an announcement
March 12th, 2015
OTC Global Holdings’ EOXLive Active Markets to be Available on Trading Technologies’ New TT Platform OTC Global Holdings LP (OTCGH), the leading independent commodities interdealer broker, and Trading Technologies International, Inc. (TT), a global provider of market-leading connectivity and ...
Strongest Dollar in 12 Years Sinks Stocks While Oil Slips
March 11th, 2015
The strongest dollar in nearly 12 years versus the euro and the specter of higher U.S. interest rates fueled a selloff in global equities that sent the Standard & Poor’s 500 Index down the most since Jan. 5. Oil ...
Dollar at 12-year peak on euro, emerging markets spooked
March 10th, 2015
The U.S. dollar scored multi-year highs against the euro and yen in Asia on Tuesday amid starkly diverging outlooks for interest rates globally, while currencies from emerging markets came under mounting pressure from risk aversion. The skittish mood spread to Asian ...
