Search Results for: opec
Oil prices fall on rise in U.S. drilling, strong dollar
October 17th, 2016
Oil prices fell early on Monday, pulled down by a rising rig count in the United States, a strong dollar and record OPEC-output which comes amid slowing global economic growth that could erode fuel demand. U.S. West Texas Intermediate ...
Asian Stocks, Bonds Decline as Dollar Extends Post-Yellen Gains
October 17th, 2016
Asia ex-Japan stocks decline with U.S. equity index futures Casino shares sink after China detains Crown Resorts workers Asian bonds fell and the dollar strengthened versus most peers after comments by Federal Reserve Chair Janet Yellen clouded the outlook ...
Oil prices rise, but doubts grow over Russia’s deal commitment
October 12th, 2016
Crude oil prices returned to the positive zone in early Asian trade Wednesday, but the growth momentum has slowed on heightened uncertainty over Russia’s willingness to cut production even as global oil supplies increased last month. On the New ...
Asian Stocks Fall on U.S. Rate Outlook, Samsung as Pound Jumps
October 12th, 2016
Sterling snaps drop with Parliament to discuss Brexit plan Oil below $51 amid doubts over Russia’s stance on OPEC deal Asia stocks dropped for a fourth day as investors fretted about the prospect of U.S. interest-rate hikes and Samsung ...
Dollar Climbs as Samsung Drives Asian Stock Retreat; Bonds Drop
October 11th, 2016
Bond yields surge as traders bet on December Fed rate hike Offshore yuan falls an eighth day for longest slump since 2014 The dollar climbed versus all its major peers as bonds dropped after investors boosted expectations for a ...
Oil curves move above $50 as financial confidence in crude rises
October 7th, 2016
U.S. oil futures held above $50 per barrel on Friday as the entire crude forward curve pushed above above that level in a sign that financial markets have increasing confidence in the sector. U.S. West Texas Intermediate (WTI) futures ...
Asia Stocks Fall as Pound’s Flash Crash Supports Yen, Treasuries
October 7th, 2016
Sterling briefly sinks as much as 6.1%, most since Brexit Dollar gains as Fed rate-hike bets build before payrolls Asian stocks fell with U.S. equity index futures and the yen strengthened after a sudden plunge in the pound spooked ...
Oil prices higher as investors look to U.s. inventory data
October 5th, 2016
Oil futures climbed in early Asian trade on Wednesday, pushing higher as traders continue to weigh the prospect of a supply deal by the Organization of the Petroleum Exporting Countries and look ahead to U.S. oil inventory data. Light, ...
Dollar Climbs on Fed Bets as Australian Bonds Sink; Oil Retreats
October 4th, 2016
Japanese stocks advance as yen weakens for a sixth day Regional sovereign debt slides amid U.S. rate-hike speculation The dollar strengthened for a sixth day versus the yen and sovereign bonds fell as American manufacturing data and hawkish comments ...
Gold slips on tapering safe-haven demand as Deutsche Bank worries ease
October 3rd, 2016
Gold edged lower on Monday on a firmer dollar and a gain in equities, with the yellow metal losing its safe-haven appeal as concerns about Deutsche Bank’s health eased. Spot gold dropped 0.1 percent to $1,314.50 an ounce by ...