Search Results for: oil
What Blows Up Next? Part 1: Resource-Based Economies
July 24th, 2015
The Great Recession and its aftermath was actually the best of times for countries with natural resources to sell. The US, Europe and Japan ran record deficits and cut interest rates to zero or thereabouts, sending hot money pouring ...
Australian dollar hits fresh six-year low as Chinese factories continue to falter
July 24th, 2015
Chinese manufacturing was sluggish for the fifth month running, a new survey shows, while the strengthening greenback sends the Aussie below US73c The Australian dollar fell to a fresh six-year low and stocks across Asia dropped sharply after more ...
Asian shares skid as weak China PMI revives demand concerns
July 24th, 2015
Asian equities stumbled on Friday after a survey showed China’s manufacturing activity crumbled to 15-month lows, rekindling concerns for the region’s exports as the world’s second-largest economy struggles to arrest a broad downturn. MSCI’s broadest index of Asia-Pacific shares ...
Commodities Collapsed Just Before The Last Stock Market Crash – So Guess What Is Happening Right Now?
July 23rd, 2015
If we were going to see a stock market crash in the United States in the fall of 2015 (to use a hypothetical example), we would expect to see commodity prices begin to crash a few months ahead of ...
OpenMAMA Sees Strong Adoption across Financial Services Sector
July 23rd, 2015
“Significantly increases vendor coverage and re-launches with a new advisory group” OpenMAMA, the project developed to allow financial services firms to move more freely between market data technology and content vendors, today announces its re-launch boasting a new advisory ...
Chinese economy concerns wipe $40bn off value of Apple
July 23rd, 2015
Fall in share price of world’s biggest company mirrored by slide in stocks in mining and commodity firms to their lowest level since market crash of 2008 Growing concerns about the health of the Chinese economy helped wipe $40bn off the ...
Asian shares slip on weak data, dollar strong
July 23rd, 2015
Asian shares edged lower on Thursday as mixed regional data and overnight declines on Wall Street prompted investors to take profits, while the dollar held steady as expectations for a rise in U.S. interest rates were strengthened by buoyant ...
Does A Commodities Crash Mean Global Depression, Mass-Devaluation Or Both?
July 22nd, 2015
First, precious metals peaked and began drifting lower. Then copper fell, oil plunged and it became obvious that these weren’t isolated events. The entire commodities complex — that is, all the physical inputs a modern economy uses to power, ...
Asia Stocks Drop With Nasdaq Futures on Apple; Commodities Slide
July 22nd, 2015
Asian stocks retreated with Nasdaq 100 Index futures as Apple Inc. tumbled in after-hours trade and the dollar held losses. Oil and gold resumed declines as a gauge of commodities dropped back to a 13-year low. The MSCI Asia ...
KPMG buys High-Point Rendel
July 21st, 2015
Accounting giant KPMG has bought consultant High-Point Rendel Ltd. High-Point Rendel specialises in large scale global infrastructure projects mainly in the energy, transportation, and oil and gas sectors. Thirty-five staff from High-Point Rendel will now join KPMG’s Major Projects ...
