Tag: wti crude

Commodities Stabilize, Dollar Declines

Commodity prices stabilized on Wednesday, while the US dollar declined sharply in favour of the euro as investors refrained from using the common currency...

Oil Prices Hit 2009 Lows, Global Stocks Plunge

Oil prices plunged to new seven-year lows on Tuesday, dragging down global stocks in belated response to OPEC’s decision last week to keep crude...

European Stocks Surge, Oil Continues Lower

European stocks surged on Monday, following Wall Street’s lead after markets regained confidence that the European Central Bank would do more to boost the...

Asian Stocks Snap Back on China Data

Asian stocks rebounded following last week’s rout, as investors digested mixed China manufacturing data amid ongoing brokerage probes. Mainland China stocks posted modest gains on...

European Stocks Maintain Rally on Stimulus Hopes

European stocks advanced further on Thursday and were on track for three-month highs, as investors continued to price-in additional stimulus by the European Central Bank as...

US Dollar Index Hits 100.00

The US dollar strengthened against a basket of currencies on Wednesday, as stronger than expected economic data reinforced the view that the Federal Reserve...

European Stocks Turn Higher on Stimulus Bets

European stocks rebounded on Tuesday after geopolitical concerns left investors hopeful that the European Central Bank would introduce more stimulus next month. The pan-European STOXX...

Asian Stocks Rise on Prospect of China Stimulus

Asian stocks diverged Monday, but closed mostly higher after government data showed another deterioration in China’s terms of trade, raising the prospects of additional...

EUR/USD Back Below 1.100 ahead of Data Deluge

The EUR/USD turned lower on Tuesday, as the dollar regained its footing ahead of an active trading week headlined by nonfarm payrolls on Friday. The...

Chinese Stocks Decline as Manufacturing Sector Contracts in October

Stocks in mainland China declined on Monday after data showed another contraction in the country’s manufacturing sector, reducing hopes that the world’s second-largest economy...

Chinese Stocks Decline Sharply in Volatile Session

Chinese stocks fell sharply on Wednesday, posting their biggest drop in a month amid speculation that the equities rally of October had gone too...

Stimulus Bets Boost Chinese Stocks

Chinese stocks ended mostly higher on Tuesday, buoyed by expectations for additional stimulus from the People’s Bank of China after economic growth slowed to...

Oil Prices Fall as Chinese GDP Weakens

Oil prices declined Monday after government data showed another slowdown in China’s official growth rate, raising fresh fears about waning global demand. China’s gross domestic...

Gold Price at 3-Month High

The price of gold rose on Monday, reaching its highest level since early July amid speculation that the US Federal Reserve would delay raising...

Global Stocks Extend Rally following Fed Minutes

Global stocks extended their rally on Friday, following Wall Street higher after the minutes of the Federal Reserve’s September policy meeting played to expectations...

Shanghai Composite Index Surges as Mainland Markets Reopen

Chinese stocks surged on Thursday, with the Shanghai Composite Index playing catch up with global equities after mainland markets reopened from a week-long National...

Global Markets Maintain Rally as BOJ Refrains from Adding to QE

Global stock markets rallied again on Wednesday, rising in lockstep with commodities as the Bank of Japan (BOJ) refrained from adding to its record...

World Stocks Climb on BOJ Stimulus Hopes

Asian and European stocks rose on Tuesday on hopes for a new round of stimulus from the Bank of Japan, while investors remained confident...