Search Results for: BP
Asia shares up as investors bank on more stimulus
August 14th, 2014
Asian shares pushed higher on Thursday after a flood of soft economic data led investors to wager on a ceaseless fountain of stimulus from major central banks, sending bond yields tumbling across the globe. An economic contraction in Japan, ...
OSB Daily Technical Analysis
August 14th, 2014
OSB Daily Technical Analysis for August 14, 2014 EUR/USD: downtrend and weakness remain intact GBP/USD: at key turning points looking to test 200 DMA EUR/JPY: looking to test 20 DMA with potential push to retest 200 DMA ...
Brent Oil up to $104 Despite Inventory Surge
August 14th, 2014
Crude rose in choppy trading on Wednesday, with Brent recovering from a 13-month low as turmoil in Iraq and Libya kept concerns about potential supply disruptions in focus. Separately, U.S. crude prices rose despite the U.S. Energy Information Administration ...
West TX Oil Drops to 97.30 on Pressure
August 13th, 2014
Brent crude slipped below $103 a barrel on Wednesday to trade near its lowest level in more than a year as ample supplies countered any disruption risks posed by lingering tensions in Iraq and Libya. It was the fourth ...
These large-cap funds are crushing the S&P 500 this year
August 12th, 2014
Some funds are clobbering the Standard and Poor’s 500 stock index this year. The top five large-company stock funds: PIMCO StocksPLUS Long Duration fund (PSLDX), 18.1%. This fund is an anomaly, albeit a successful one. It invests in S&P ...
West TX Oil reports Below $98 following Iraq Air Strikes
August 11th, 2014
Brent crude oil fell below $105 a barrel in whipsaw trading on Friday, following U.S. air strikes in Iraq that analysts said might lower the risk of oil supply disruptions from OPEC’s second-largest producer. Oil prices rose on reports ...
The Global Economy’s Groundhog Day
August 8th, 2014
In the movie “Groundhog Day,” a television weatherman, played by Bill Murray, awakes every morning at 6:00 to relive the same day. A similar sense of déjà vu has pervaded economic forecasting since the global economic crisis began a ...
KPMG retains £12m Old Mutual audit contract
August 7th, 2014
KPMG has retained its audit work with Old Mutual, after the insurance and asset management business took its £12m contract to market. The FTSE 100 life insurer confirmed it had accepted the audit committee’s recommendation that KPMG continue in ...
U.S. judge tells New York bank to hold onto Argentine bond funds
August 7th, 2014
The U.S. judge in charge of Argentina’s debt default case on Wednesday ordered Bank of New York Mellon to hold on to money deposited by the government rather than disburse the funds to holders of the country’s restructured bonds. ...
AIG settles bailout-era lawsuit for $960m
August 5th, 2014
AIG agreed to pay $960m to resolve a shareholder lawsuit that had demanded compensation for the collapse in the insurance group’s value when it was bailed out by the US government in 2008. Shareholders led by the state of ...
