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Following overseas bourses lower on a fall in oil prices, the Australian market has lost around $25 billion in value today. The price of West Texas crude oil declined to near-six-year lows below $US50 a barrel, before settling just above that mark. Singapore's Tapis crude also fell to $US54...
Crude Oil
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News, 6 January 2015, 09:44 #FTSE 100
There is a growing speculation that the central bank of Western Europe's biggest oil producer will have to cut rates again, as oil dips below $55 a barrel...
Crude Oil
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News, 6 January 2015, 09:13 #crude oil
What will gold do in 2015 is a question that is top of mind of many gold investors, particularly during this period of the year...
Metals
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Mike Dennis, 6 January 2015, 06:11 #xauusd, gold
The demand for oil in 2015 will drop to its lowest level since 2002 because of an oversupply of crude and stagnant economies in China and Europe, according to OPEC's latest forecast. And that's just one of several sour estimates...
Crude Oil
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BlondieNews, 5 January 2015, 18:11 #OPEC, crude oil
Greece’s political crisis and a decline in equities spurred demand for gold as an alternative asset, pushing it up for the second straight session...
Metals
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News, 5 January 2015, 16:49 #comex, silver, metals
On Monday the euro dipped against the dollar after data showing German inflation fell to a five year low in December added to pressure on the European Central Bank to implement quantitative easing measures...
Currency
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News, 5 January 2015, 15:35 #Fed
"Forecasters and market participants disagree about the likelihood of a significant rebound in oil prices during the next 12 months," Goldman Sachs' David Kostin wrote. "Many clients share the view priced into the futures market that Brent will remain below $70 by year-end 2015...
Crude Oil
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Sergey Golubev, 5 January 2015, 15:11 #crude oil
On Monday U.S. stock index futures fell as volume returned to markets after the New Year holiday, with energy shares sliding again as crude prices fell to fresh 5-1/2 year lows, as Reuters reports...
Market News
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News, 5 January 2015, 14:23 #Wall Street, S&P 500
Falling oil prices and investors' concern over Greece’s membership of the single-currency union outweighed speculation of increased European Central Bank incentive pushing European stocks down on Monday...
Market News
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News, 5 January 2015, 13:16
"The market was divided over when the ECB (European Central Bank) would undertake QE (quantitative easing)," David Forrester, a foreign-exchange strategist at Macquarie, said...
Currency
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News, 5 January 2015, 12:16 #IMF, ECB
On Friday the FTSE 100 started the year on a pessimistic note, sliding 0.3% to close at 6,547. Property companies were among the worst performers...
Market News
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News, 5 January 2015, 11:37 #Nasdaq, Brent
As investors assessed Greece’s political crisis, including the possible exit from the euro zone, with diverging central-bank policies in the U.S and Europe, the gold extended its gains from a one-month low, as Bloomberg reports...
Metals
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News, 5 January 2015, 10:07 #Palladium, Platinum
On Monday the euro fell to nine year lows against the dollar. The European currency has fallen 0.3 percent in the past week, the third worst performer of 10-developed nation currencies tracked by Bloomberg Correlation-Weighted Indexes. The dollar gained 1.6 percent and the yen rose 1.9 percent...
Currency
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News, 5 January 2015, 09:06 #Mario Draghi, Fed
Because thin volumes thanks to many traders enjoying holidays leave the stock-market with a lack of conviction to move, the Australian sharemarket has terminated the second trading day of the year up slightly...
Market News
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News, 5 January 2015, 08:38
As GDP of U.S on at high's but the global economy regarding China ,U...
Crude Oil
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kolioo77, 5 January 2015, 07:49
With the start of a new year and during the first Monday of 2015, EURUSD did fall in a super fast way after the gap from 1.195 to 1.1861 Where ECB Ex President Jean-Claud Trichetsaved the EURO in 2010. Who know maybe Trichet before leaving the ECB placed pending orders at 1...
Currency
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Andrius Kulvinskas, 5 January 2015, 07:12 #Mario Draghi, ECB
The governor of the US state of California has approved Bitcoin; thus, the digital currency can now be accepted and used for transactions in the US state. This has been made possible by the ratification of a new finance bill which has made it possible for users to pay in Bitcoin...
Currency
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Damiano Fabiański, 5 January 2015, 06:11 #bitcoin
Improving commercial property fundamentals, a steady stream of offshore capital and an accommodating Federal Reserve interest rate policy will sustain robust property investment in 2015, real estate analysts predict, as buyers keep seeking yield and safe havens in the U.S...
Market News
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[Deleted], 5 January 2015, 03:11
A decision by a new Greek government to leave the eurozone would set off devastating turmoil in financial markets even worse than the collapse of Lehman Brothers in 2008, a leading international economist warned Saturday...
Currency
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Andrius Kulvinskas, 4 January 2015, 10:46
Singapore is going to be in news for the country is going to organize the first major cryptocurrency event. Nonetheless, continuing the largest Bitcoin event worldwide, Inside Bitcoin is headed to Singapore on January 29-30, 2015...
Currency
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BlondieNews, 4 January 2015, 03:11 #Cryptocurrency