Search Results for: oil
Gold – a reasonable correction?
June 3rd, 2016
Gold weakened during May by about $100, from a high point of $1300 to a low of $1200. This, for technical analysts, is entirely within the normal correction zone of a third to two-thirds of the previous rise, which ...
Fed likely to avoid rate hike before Britain votes on leaving EU
June 3rd, 2016
The U.S. Federal Reserve may be forced to delay a rate hike at its June meeting because of mounting concern over the economic fallout from Britain’s vote on whether to leave the European Union. The geopolitical risk likely will ...
European stocks seen higher, focus switches to US jobs
June 3rd, 2016
European stocks opened higher on Friday as investors turned their attention to a key U.S. jobs report that could hold the key to a Federal Reserve interest rate hike this month. The FTSE opened 0.5 percent higher, the German ...
CME announced that May 2016 volume averaged 14.9 million contracts per day
June 3rd, 2016
CME Group, the world’s leading and most diverse derivatives marketplace, today announced that May 2016 volume averaged 14.9 million contracts per day, up 6 percent fromMay 2015. CME Group May 2016 options volume averaged 2.8 million contracts per day, up 10 percent versus May ...
The Top Companies in the Arab World 2016
June 2nd, 2016
Last year was not an easy one for Arab companies. Political instability and plunging oil prices affected financial performance. Total market value for the 100 Top Companies in the Arab World dropped 15.5% to $689 billion between April 1, ...
Opec: No Deal Amid Saudi-Iran Stand-Off
June 2nd, 2016
Oil prices have remained flat in early Asian trading, as investors await the outcome of today’s Opec meeting in Vienna. Early this morning, Brent crude was trading at just under $50 a barrel – less than half the level ...
Bitcoin Exchange Bitstamp Enables EUR/USD Trading
June 2nd, 2016
In an announcement yesterday, Bitstamp has announced that clients can now trade Euros for Dollars, marking the bitcoin exchange’s entry into the biggest traditional currency trading pair in the foreign exchange market. Bitcoin exchange Bitstamp has entered the largest and the ...
Flexible Labor Is the Future
June 2nd, 2016
Flexible labor is the future for the basic reason that it is the only viable model going forward. If we can’t go forward, then let’s go back: this is the guiding philosophy of the labor movement that seeks security ...
What happens next if Britain votes to leave the EU?
June 2nd, 2016
The first hours By the early hours of Friday 24 June, it will be clear if the UK has defied the experts and pollsters by voting to leave the European Union. If that happens, a shattered David Cameron, his leadership ...
Three reasons why bitcoin’s price is surging higher
June 1st, 2016
Bitcoin is trading at its highest price in almost two years, driven by several factors including market conditions in Asia, according to experts in the cryptocurrency. The online currency ended Monday at around $542.77 and hit a high of ...
