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Stocks open higher as oil spikes

05/05/2016(0)
U.S. stocks look set to get back on the winning track as equity prices opened higher Thursday, helped by a spike in oil prices caused by production outages in ... Read More
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A Currency War Battle That Europe and Japan Can’t Afford To Lose

05/05/2016(0)
The dollar is tanking lately. From a high of around 100 in December, the dollar index — which measures USD against a basket of foreign currencies — is down ... Read More
A petro-industrial factory is reflected in a traffic mirror in Kawasaki near Tokyo

Oil jumps on Canadian wildfire, Libyan fighting

05/05/2016(0)
Oil prices jumped on Thursday as a huge wildfire in Canada disrupted oil sands production, while escalating fighting in Libya threatened the North African nation’s output. International benchmark Brent ... Read More
European-Stocks

European Stocks Decline Fourth Day as Earnings Fail to Encourage

05/05/2016(0)
BHP Billiton leads commodity producers lower on Brazil lawsuit Societe Generale advances as earnings beat estimates European stocks posted their longest losing streak in more than a month as ... Read More
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Shares in London Stock Exchange crashed this afternoon

04/05/2016(0)
Shares in London Stock Exchange Group (LON:LSE) crashed this afternoon as the owner of the New York stock exchange pulled out of a potential rival bid. It now paves the way for ... Read More
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Taking the petro out of the dollar

04/05/2016(0)
Saudi Arabia has been in the news recently for several interconnected reasons. Underlying it all is a spendthrift country that is rapidly becoming insolvent. While the House of Saud ... Read More
Credit Suisse branch is seen in New York

Credit Suisse to Sell Distressed-Debt Portfolio for $1.27 Billion

04/05/2016(0)
Credit Suisse will take new $100 million charge Credit Suisse Group AG agreed to sell a big chunk of distressed-debt assets, helping to speed the Swiss bank’s retreat from risky trading ... Read More
Motors BMW

European stocks dragged lower

04/05/2016(0)
European stocks capped their worst three-day decline since February as miners plunged and lenders fell on earnings reports. By the close in Dublin, the ISEQ Overall Index was down ... Read More
A man riding on a bicycle looks at an electronic board showing the stock market indices of various countries outside a brokerage in Tokyo

Asian Stocks Fall With Won on Global Growth Woes; Oil Below $44

04/05/2016(0)
Dollar gains after Fed officials say June rate hike possible Industrial metals retreat as sovereign bonds advance Asian stocks fell for a sixth day, their longest losing streak since ... Read More
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TICKING TIME-BOMB: Greece set to run out of cash by MAY pushing Europe into ANOTHER crisis

28/04/2016(0)
DEBT-ridden Greece is dangerously close to running out of cash and plunging the eurozone into a fresh crisis. Athens desperately needs £4 BILLION worth of aid from creditors but ... Read More
Broker Cyprus TopFX