Search Results for: crude prices

Oil jumps as Saudi king’s death feeds market uncertainty

January 23rd, 2015 (0)
Oil prices jumped in Asian trading on Friday as news of the death of Saudi Arabia’s King Abdullah added to uncertainty in energy markets already facing some of the biggest shifts in decades. Abdullah died early on Friday and ...

Davos: Bosses ‘less optimistic’ about global economy

January 21st, 2015 (0)
Chief executives are less optimistic about the economy this year than last, a survey unveiled at the World Economic Forum suggests. PwC‘s annual survey shows that just 37% think the economy will improve in 2015, down from 44% last ...

Bonds, shares, gold supported ahead of expected ECB action

January 21st, 2015 (0)
European shares held close to a seven-year high on Wednesday and Asian shares hit a six-week peak investors bet the European Central Bank would unveil a stimulus drive to boost the flagging euro zone economy. Expectations that the ECB ...

Investors cautiously optimistic ahead of ECB meeting

January 21st, 2015 (0)
US stocks recorded marginal gains on Tuesday after pairing big early losses as investors appeared uncertain about the prospects of the monetary stimulus program in Europe. The European Central Bank is expected to announce further measures of monetary expansion ...

Markets advance in anticipation of the ECB meeting

January 20th, 2015 (0)
US stock markets were closed on Monday for the Martin Luther King Jr. holiday. When trading resumes today investor attention will likely be focused on earnings reports of big corporations like Morgan Stanley, Johnson & Johnson, IBM and Netflix. ...

World Economic Outlook (WEO) UPDATE

January 20th, 2015 (0)
Cross Currents   Global growth will receive a boost from lower oil prices, which reflect to an important extent higher supply. But this boost is projected to be more than offset by negative factors, including investment weakness as adjustment ...

Markets closed as US celebrate Martin Luther King Day

January 19th, 2015 (0)
Friday was marked by growing quotes on international stock markets. The Michigan consumer sentiment index in January outstripped forecasts and suddenly reached 98.2 points, renewing its 11-year maximum. All the other American macro-economic data also appeared to be positive. ...

Investors fear global economy slowdown

January 16th, 2015 (0)
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 (0)
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 ...

Asian Stocks Slide With U.S. Futures, Bonds Climb on SNB

January 16th, 2015 (0)
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 ...
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