Showing 2951 Results for oil
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Showing 2951 Results for oil
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July 5, 2016
Confidence remains the key in Asia and that is what we remain in search of this evening as we watch global equity markets depreciate. In Asia China was in better shape having seen better than expected Service sector growth resulting in a 0.6% gain. This was only for the first half of the day as […]
July 4, 2016
Despite the election uncertainty resulting from the weekend, the ASX (Australian Stock Exchange) closed better; as did the currency. ASX closed up 0.65%, having suffered an opening wobble but the AUD will be eagerly watched at the RBA meeting – was last seen up 0.6% in late European trading. The Nikkei opened lower but managed a […]
July 1, 2016
The first day of the second half of 2016 and it starts with a whimper. Yes, The Nikkei and Shanghai were marginally better bid (China PMI marginally lower 50 v’s 50.1 previously) but with the Hang Seng closed there was really not that much to write home about. The Japanese data was a little better and we saw a […]
July 1, 2016
COMMENT: The manipulations of S&P indicate that these clowns’ output should be printed on absorbent paper. The point is exactly that this company and its directors have changed their rating based on anticipated events, and, given on the exact day as the Tory party’s leaders are being chosen, precisely in order to increase pressure on Britain’s […]
June 30, 2016
With the exception of the firmer Hang Seng (+1.75%), core Asia was pretty much mooted. The big news today was BREXIT again when Boris Johnson withdrew his name for potential Conservative Leader. This comes on the tail of Michael Gove declaring his willingness to throw his hat in the ring. Markets were firmer (around +0.5%) […]
June 29, 2016
Asia performed well in what appeared to be trading in shadows the majority of the day. Rumors that the PBOC were about to cut rates saw a rally in Shanghai (+1%) only to drift off the highs by the close. Rumors of more BOJ easing (attempting to put even 40yr bonds into single digits). It […]
June 28, 2016
While Scottish politicians are very vocal about staying in the EU, they have really lost their minds. Their hatred for the Brits has clouded their intelligence to the point one must wonder if they even have a brain that can be turned on or if they are totally brain-dead. The greatest problem with the whole membership in […]
June 24, 2016
Interesting price action – it is the UK that is leaving Europe and yet we saw the DAX fall 6.8%, CAC -8.35% and IBEX down 12.35% whilst FTSE declined just 2.8%! Bank share were hit everywhere with some of the large institutions (Deutsche Bank, Barclays and RBS) falling between 14 and 18%. The afternoon behaved […]
June 22, 2016
A mixed session in Asia as the Nikkei could not escape negative territory, whilst Shanghai and the Hang Seng both provided positive returns. The Nikkei lost 0.65% while Shanghai and HSI gained 0.95% and 0.6% respectively. The JPY flirted with a 105 handle but was rejected and that rejection has gathered pace as European equities […]
June 15, 2016
Russia has reportedly hacked Hillary’s server. The energy magazine Oilprice.com reported that Russian intelligence informed Western intelligence agencies that the government in Moscow is now planning to publish the emails from Hillary Clinton. If this proves to be true, then this will confirm that she placed national security second to her personal self-interest. The emails are widely expected to reveal how […]