Search Results for: oil
Dow Jones suffers worst start to the year since 2008 – as more than £38bn is wiped off FTSE 100 thanks to China volatility and Middle Eastern uncertainty
January 5th, 2016
Fears over China sent US stocks tumbling yesterday, with the Dow Jones Industrial Average down 467 points at its low for the day – headed for its worst first-day percentage drop since 1932. The index fell by 1.58 per cent to 17,149. ...
Asia Stocks Resume Slide Amid China Intervention; Metals Rise
January 5th, 2016
PBOC injects cash, state-run funds said to prop up stocks Oil rises to trade near $37 a barrel; base metals advance Asian stocks extended declines while Chinese shares shrugged off government efforts to prop up the country’s sputtering stock ...
The Crystal-Ball Business For 2016: A Brief Sampling
January 4th, 2016
It’s a new year and that means that it’s time to roll out a new round of predictions. There’s no reason to think that turning the calendar to January is any more productive for prognosticating vs. flipping the page ...
Gold price firmer on pick-up in Middle East tensions
January 4th, 2016
Chinese equities circuit breakers kick-in after 7 percent fall in the CSI Precious metals are mixed with gold and silver prices up around 0.9 percent with the gold price at $1,070, while the industrial precious metals are weaker with ...
Saudi Arabia: Could This Spark a Stock Market Crash in 2016?
January 4th, 2016
Saudi Arabia’s Budget Woes Could Trigger Economic Collapse in 2016 The collapse of oil prices to below $37.00 per barrel, compared to $56.00 last January, has sunk Saudi Arabia’s accounts and hurt its budget expectations. According to the 2015 ...
Chinese markets halt trading for day after shares plunge
January 4th, 2016
Chinese stocks plunged Monday, spurring a trading halt for the rest of the session, and leading stock markets in Asia Pacific lower after feeble manufacturing surveys revived concerns over the slowdown of the mainland’s economy. The Shanghai Composite tumbled 6.85 percent ...
The World Economy’s Winners and Losers in 2015
December 31st, 2015
When the final numbers are tallied, 2015 will probably count as another disappointing year for global growth. The muted performance came even as central banks continued to pump in liquidity, oil prices plunged again and inflation was moderate. It was also a year ...
Asia trades mixed, ASX sheds 2% for the year
December 31st, 2015
Asian markets were treading water on the final trading day of 2015, with investors eyeing oil prices for further clues after a turbulent year for stocks. The Australian market, which closed early, shed over 2 percent for the year ...
Britain’s stock market just had its worst year since the financial crisis
December 30th, 2015
2015 is a year that investors in Britain’s biggest companies won’t want to repeat for a long, long time, and it’s all down to crashing commodity prices. At the time of writing, the FTSE 100, Britain’s blue chip share index dropped by ...
Germany’s DAX Beats World With More Gains Expected
December 30th, 2015
German stocks outperformed European and global peers in 2015. Investors are betting on more gains next year. The DAX Index climbed to 27 fresh peaks this year before tumbling into a bear market, and volatility more than doubled. Still, ...
