Search Results for: oil
Top Currency Traders Warn White House Race May Echo Brexit Chaos
May 16th, 2016
Campaign trail rhetoric foreshadows dollar volatility ahead Policies on trade, currency manipulation may weaken greenback Traders wanting to know what November’s U.S. presidential election will mean for the dollar need look no further than the U.K. The pound plunged ...
Tullett Prebon today announces the preliminary results of IGBB for the year ended 31 March 2016
May 16th, 2016
Further to the announcement released on 11 November 2015 regarding the proposed acquisition by Tullett Prebon of the global hybrid voice broking and information business of ICAP plc (“ICAP”) including ICAP’s associated technology and broking platforms (including iSwap and ...
Asia trades mixed; Chinese shares under pressure
May 16th, 2016
Asian markets ended mostly higher on Monday, as traders shrugged off data released over the weekend that revived concerns over the Chinese economy. Japan’s Nikkei 225 pared some of its over 1 percent gains from early morning to close up 54.19 ...
Balkan Offshore Businesses Named in Panama Database
May 12th, 2016
Scores of people from the Balkans including tycoons, an ex-ambassador, politicians, a banker and some convicted fraudsters appear in a newly-released database of users of offshore tax havens. Scores of people and companies linked to Balkan countries appear in the ...
Meet the new Saudi Arabia, nothing like the old Saudi Arabia
May 11th, 2016
After years of building a glut, the world’s oil industry by the end of this year is expected to stop overproducing more crude than the world can use. But analysts say one wild card in that equation is Saudi Arabia — ...
Stocks Rally Amid Commodity Revival as Brazilian Assets Recover
May 11th, 2016
S&P 500 surges most since March amid gains in metals, oil Kiwi advances as central bank zeroes in on housing market U.S. stocks rallied the most in two months, joining a rebound in global equities as the bearish sentiment ...
Europe Stocks Rise for 2nd Day as Credit Suisse Leads Bank Gains
May 10th, 2016
Carmakers climb as China auto sales increased in April Pandora jumps on better-than-forecast profit, raised outlook European shares rebounded further as investors speculated a selloff that spurred their worst week since February was overdone, and Credit Suisse Group AG ...
China Stops Trying To Fool The World; World Is Sorry
May 10th, 2016
Something interesting has happened. China earlier this year responded to falling stock prices by borrowing a trillion dollars and spending it on commodities, boosting the prices of iron ore, oil, copper, etc., and giving the global economy a patina ...
Asia mostly higher; Nikkei leads with 2% gain
May 10th, 2016
Asia markets traded mostly higher on Tuesday, with the Japanese benchmark index leading gains in the region. The Nikkei 225 added 2.04 percent, while across the Korean Strait, the Kospi traded up 0.36 percent. In Hong Kong, the Hang Seng index was down 0.05 percent. ...
Lifting sanctions on Iran opens up business opportunities
May 9th, 2016
Economic sanctions have cost Iran an estimated $120 billion (€105 billion) since 2012, primarily in lost oil and gas revenues. That equates to about 30 per cent of the economy of the second-largest country in the Middle East after ...
