Search Results for: oil
NIRP, its likelihood and effect on commodities
October 5th, 2015
In last week’s article I pointed out that negative interest rates should lead to a general shift in consumer preferences from money towards essential goods. Central bankers may wish for this outcome on a controlled basis to allow them ...
Asia Stocks Jump With Won After Weak U.S. Data; Glencore Surges
October 5th, 2015
Odds of 2015 liftoff pared as U.S. payrolls trail estimates Copper leads metals, commodities higher; China still closed Asian stocks jumped with emerging-market currencies and commodities after U.S.employment and factory reports came in well below estimates, undermining the case ...
The Global Economic Outlook
September 29th, 2015
Global markets have endured a tough summer, hit by a financial crisis that had its origins in China, but spread quickly to other parts of the world. Trillions of dollars have been wiped out in equity values and some ...
Gazprom Responds to EU Charges of Hindering Competition, Unfair Pricing
September 29th, 2015
Russian energy firm proposed a settlement with regulators last week OAO Gazprom on Monday sent its response to European Union charges that the Russian energy firm hindered competition and charged unfair prices in Eastern Europe, arguing the case was ...
Shell stops Arctic activity after ‘disappointing’ tests
September 28th, 2015
Royal Dutch Shell has stopped Arctic oil and gas exploration off the coast of Alaska after “disappointing” results from a key well in the Chukchi Sea. In a surprise announcement (read below the announcement), the company said it would ...
Swiss Investigate Seven Banks Over Precious Metals Market Trading
September 28th, 2015
Inquiry involves possible collusion between UBS, Julius Baer, Deutsche Bank, HSBC, Barclays, Morgan Stanley and Mitsui A Swiss regulator has opened an investigation into precious metals trading at a group of large banks, marking the latest in a line ...
JPMorgan reaped $150 million dividend from Henry Bath before sale: filing
September 25th, 2015
JPMorgan Chase & Co reaped a $150 million dividend from its metals storage business Henry Bath & Son before selling its physical commodities business last October, as the firm reported its first loss in over a decade, a filing ...
Bailout reforms Greece must take by end-2015
September 23rd, 2015
Greece‘s leftist government will have to move fast to agree a new set of reforms to unlock a new tranche of aid under its 86 billion euro bailout deal. Prime Minister Alexis Tsipras wants a positive review that will ...
CME Group and China Securities Index Co. Ltd Sign Agreement to Develop Commodity Indexes
September 22nd, 2015
CME Group, the world’s leading and most diverse derivatives marketplace, and China Securities Index Co. Ltd, today announced that they have signed an index development and product licensing agreement. Under this agreement, CME Group will grant CSI a license ...
There Are Indications That A Major Financial Event In Germany Could Be Imminent
September 22nd, 2015
Is something about to happen in Germany that will shake the entire world? According to disturbing new intel that I have received, a major financial event in Germany could be imminent. Now when I say imminent, I do not ...
