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Saudi Arabia will not balance oil market on its own
Tue, 27 Jan 2015 22:27:06 GMT
 
The head of Saudi Arabian Oil Co. stated that Saudi Arabia will not balance global oil markets single-handedly, since prices decline "too low for everybody". This also threatens the investment >>
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Dollar depreciates after durable goods drop
Tue, 27 Jan 2015 22:16:07 GMT
 
The Dollar depreciated from its strongest point on record, when US durable goods orders dropped 3.4% in December. The greenback weakened versus most of its major peers, and the Bloomberg >>
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UK economy showed the best results in a seven-year period
Tue, 27 Jan 2015 22:05:05 GMT
 
Economic growth in the UK decelerated more than economists estimated, with the lowest quarterly pace of 0.5% on a yearly basis. However, even with this figure the UK economy recorded >>
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Record fall in China's industrial profit
Tue, 27 Jan 2015 21:54:07 GMT
 
Chinese industrial companies' profits dropped 8% in December compared to the previous year, showing the biggest decline in three years and emphasizing slowing economy and harsh drop in commodity prices. >>
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US home prices go up in November
Tue, 27 Jan 2015 21:43:04 GMT
 
US house prices increased at a slower pace even with affordable low mortgage interest rates. The S&P/Case-Shiller home price index added 4.3% since November 2013. Moreover, property prices weakened last >>
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US stocks fall on disappointing results from Caterpillar to Microsoft
Tue, 27 Jan 2015 16:25:04 GMT
 
US stocks declined on a slide in durable goods orders and unpromising earnings results, exacerbating concerns regarding the economic growth. Caterpillar fell 7.2% together with Microsoft that lost 8.8%, while the >>
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Sight deposits climb at the SNB on interventions
Mon, 26 Jan 2015 19:55:04 GMT
 
Sight deposits at the SNB climbed almost 8% previous week, indicating that the central bank keeps purchasing foreign currency following cancellation of its three-year-old cap on the Franc. SNB's data >>
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Brazilian Real drops for second day amid dimmed GDP outlook
Mon, 26 Jan 2015 19:44:03 GMT
 
Brazilian Real dropped for a second day, while a dimmed GDP growth outlook made the assets of South American nation less attractive for international investors. Brazil's Real weakened 0.7% to >>
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Japan exports boost hopes for economic recovery
Mon, 26 Jan 2015 19:18:04 GMT
 
Japan's exports soared 12.9% in December, the most on the yearly basis, due to the weak Yen and strong US Dollar, as well as strong Chinese demand. A stable increase >>
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Euro advances after Greek election, commodities fall
Mon, 26 Jan 2015 19:07:05 GMT
 
The Euro appreciated from its weakest level in 11 years amid speculation the negative consequences from Syriza party election in Greece will be contained. The common currency advanced 0.2% to >>
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US stock index declines after Syriza wins
Mon, 26 Jan 2015 18:56:05 GMT
 
US stock index futures declined, following the S&P 500 Index's weekly advance for the first time during this year, when anti-austerity party Syriza won during the Greek election. S&P 500 >>
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Bonds in Italy climb amid Goldman and BlackRock outlook on Greece
Mon, 26 Jan 2015 14:29:04 GMT
 
Italy's 30-year bonds climbed, thus, pushing yields to a record low, after the ECB's recent stimulus programme and anti-austerity party Syriza victory during the Greek elections. Italy's yield lost 0.1%, >>
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Gold cuts its weekly gain on US rates
Fri, 23 Jan 2015 16:01:20 GMT
 
The yellow metal cut its third weekly advance, while investors are evaluating the US interest rate outlook after the announcement of the ECB stimulus measures. Gold for immediate settlement fell >>
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Euro heads for its six-week loss before Greece elections
Fri, 23 Jan 2015 15:50:11 GMT
 
The Euro is set for its sixth weekly decline versus the Dollar before the Greek elections on January 25, where the power may be shifted from Antonis Samaras, the present >>
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New King in Saudi Arabia will probably not change oil policy
Fri, 23 Jan 2015 15:39:14 GMT
 
Saudi Arabia's new ruler, King Salman, is unlikely to introduce changes to the current oil policy, thus maintaining production levels in order to retain the market share even if the >>
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