Search Results for: West Texas Intermediate
Telecoms drag European stocks lower
December 21st, 2018
European stocks were lower Friday morning, with the prospect of further hikes in U.S. borrowing costs prompting investors to rush out of crowded trades. The pan-European Stoxx 600 was down around 0.3 percent during early morning deals, with most ...
Pound to Dollar rose, Euro little changed; Events investors will focus on in the coming days
December 20th, 2018
Stocks and U.S. futures tumbled in Asia, with Japanese equities sliding into a bear market as investors expressed concern about a lack of relief from the Federal Reserve’s monetary tightening. The sell-off that began Wednesday afternoon with Fed Chairman ...
The main moves in financial markets; Financial events coming up this week
December 17th, 2018
Stocks traded mixed in Asia, following two weeks of losses driven by a backdrop of uncertain trade conditions and signs that some key economies are slowing. Treasury yields steadied just below 2.90 percent. U.S. equity futures advanced with stocks ...
Some forecasters remain positive on oil prices and demand going into 2019
December 12th, 2018
Despite dramatic slides in the oil market, some forecasters remain positive on prices and demand going into 2019. A year ahead outlook report from Bank of America Merrill Lynch expects Brent crude to regain its recent losses in 2019 ...
Asian stocks slumped with U.S. futures; The Yen rose, the Euro was steady
December 6th, 2018
Asian stocks slumped with U.S. futures, the Treasury yield curve edged closer toward inversion and the yen climbed on Thursday as the investor aversion to risk that’s been prevalent for much of the quarter resumed. Losses deepened in afternoon ...
Oil prices drop: Winners & losers
November 29th, 2018
In recent times, oil prices may have risen in one or two trading sessions. But, those are dead cat bounces! Lest we forget, oil has now lost nearly a third of its value amid volatility since early October. For ...
Oil bounced by around $1 a barrel; Investors remained on edge
November 21st, 2018
Oil bounced by around $1 a barrel on Wednesday to claw back some of the previous day’s 6 percent plunge, lifted by a report of an unexpected decline in U.S. commercial crude inventories and record Indian crude imports. But ...
As Oil Plunges, Energy Junk Bonds Turn Dangerous — Again
November 14th, 2018
Back in 2104 oil was falling and hundreds of billions of dollars of energy junk bonds and leveraged loans looked to be at risk. Wolf Street had this to say at the time: “Oil and Gas ...
Pound and Yen fell, Asian stocks pointed to a firm start; These are the main moves
November 12th, 2018
Asian stocks and futures pointed to a firm start for equity markets in London and New York as investors assessed whether the recent rallies can endure. The pound slid as U.K. Prime Minister Theresa May fought to keep her ...
Oil prices fall; Brent has lost more than 16 percent in value since early October
November 5th, 2018
Oil prices fell on Monday as the start to U.S. sanctions against Iran’s fuel exports was softened by waivers that will allow some countries to still import Iranian crude, at least temporarily. Front-month Brent crude futures were at $72.39 ...
