Tag: wti crude
European Stocks Plummet amid Slowdown in Chinese Industrial Profits
European stocks were back on the defensive Monday after government data showed a fall in China’s industrial profits, fueling fresh concerns about a bigger...
European Stocks Plunge as amid Global Growth Woes
European stocks plunged on Tuesday, as global growth woes continued to grip investors in the wake of a new emissions scandal from German automaker...
Oil Rally Comes to an Abrupt End
Oil prices were back on the defensive Thursday after weak Japanese trade figures dimmed the global growth outlook despite a bigger than expected drawdown...
World Markets Slide on Disappointing China Data
Global stock markets declined Monday, while energy prices also fell after weak Chinese industrial production and investment data underscored Beijing’s challenge in reaching its 2015...
Global Markets Waver ahead of Federal Reserve Meetings
Asian and European markets declined Friday, while commodities also tumbled, as US interest rate speculation fueled an unstable trading environment ahead of next week’s...
European Stocks Rally for Third Consecutive Day
European stocks climbed for a third consecutive day Wednesday, following their Asian peers higher amid renewed optimism China’s central bank would take additional measures to...
Global Stocks Rally despite Fledgling Chinese Exports
Wall Street and European stocks surged Tuesday, as another sharp drop in Chinese exports fueled speculation Beijing would offer additional support to prop up...
Dollar Surges on Revised GDP, Oil Prices Rebound
The US dollar advanced for a third consecutive day on Thursday, as oil prices rebounded more than 4% amid a bigger than expected rise...
EUR/USD: Dollar Regains Footing after “Black Monday” Crash
The EUR/USD backtracked on Tuesday, as the dollar rebounded across the board following the “Black Monday” rout that sent global markets in a spin.
The...
“Black Monday”: Oil Prices Plummet amid Massive Sell-Off in Chinese Equities
Oil prices plunged on Monday to their lowest level in more than six years after a broad equities sell-off in China fuelled fresh concerns...
Cable Breaks Out after Better than Expected Inflation
Cable broke out on Tuesday, climbing more than 100 pips after UK inflation unexpectedly turned positive in July, a sign the Bank of England...
US Dollar Searches for Direction as Gold Rallies
The dollar was little changed against world currencies on Monday, as gold prices stabilized above $1,100 an ounce while oil prices continued to plumb...
USD/JPY Rises as BOJ Inflation Expectations Flatline
The USD/JPY enjoyed upward momentum on Monday, as the Bank of Japan acknowledged that inflationary pressures are expected to remain tame due to the...
Dollar Wilts as Oil Rallies from 6-Month Lows
The US dollar declined modestly on Tuesday, as oil prices rebounded from six-month lows and gold rallied above $1,190.00 an ounce, setting the stage...
US Dollar Well Supported as Commodities Plunge
The US dollar was well supported against a basket of currencies Tuesday following a rout in the commodities market that sent crude oil prices...
Oil Prices Steady amid Biggest Rally of 2015
The price of oil was steady on Tuesday amid its biggest rally of the year, as investors shifted their attention to first quarter earnings...
Crude Oil Pushes Higher as Demand Improves
The price of oil advanced for a second consecutive day on Tuesday, after Saudi Arabia increased pricing to Asia in a sign that demand...
US Dollar Index Pacing for Biggest Weekly Drop Since 2011
The US dollar weakened on Friday and is pacing for its biggest weekly decline since 2011, as the currency markets continued to oscillate following...
