December 13, 2017

Oil rallies 2% as Saudis, Russia back output cuts until March 2018 – Oil prices rallied in European buying and selling on Monday, rising towards the greatest level in about 2 days after Saudi Arabia and Russia decided to extend oil output cuts for any further nine several weeks until March 2018 inside a bid to erode a worldwide crude glut. Inside a joint statement that […]

November 28, 2017

China April steel output hits record, second month to push peak greater: stats bureau

BEIJING (Reuters) – China created an archive amount of steel in April, smashing the previous greatest peak occur March, data demonstrated, stoking worries in regards to a growing glut of metal even while the federal government stated the majority of the 2010 targeted capacity cuts happen to be met. Chinese steelmakers produced a greatest-ever 72.78 […]

November 14, 2017

Crude rebounds in Asia on output cut extension views, China data less strong – Crude prices staged a small rebound in ASia on Monday on wants an despite less strong than seen China industrial output for April so that as North Korea rattled markets having a statement its latest missile test in the weekend was able to transporting a sizable nuclear warhead and investors also fretted within […]

October 29, 2017

Foreign exchange – Weekly outlook: May 15 – 19 – The U.S. dollar fell against a gift basket from the other major currencies on Friday as lackluster U.S. data on inflation and retail sales saw investors temper expectations for additional rate hikes through the Fed. Data on Friday demonstrated that U.S. retail sales increased under expected recently, and core inflation dipped, raising doubts […]

October 13, 2017

Gold / Silver / Copper futures – weekly outlook: May 15 – 19 – Gold prices were greater on Friday to finish a few days little altered because the less strong dollar boosted interest in the rare metal. Gold for June delivery settled up .37% at $1,228.7 around the Comex division from the New You are able to Mercantile Exchange. The dollar weakened after data on Friday […]

September 25, 2017

More disruptions feared from cyber attack Microsoft slams government secrecy

By Dustin Volz and Eric Auchard WASHINGTON/FRANKFURT (Reuters) – Officials around the world scrambled over the past weekend to trap the culprits behind an enormous ransomware earthworm that disrupted operations at vehicle factories, hospitals, shops and schools, while Microsoft (NASDAQ:MSFT) on Sunday pinned blame around the U.S. government because of not disclosing more software vulnerabilities. […]

September 12, 2017

Asian shares mostly gain despite headwinds from China data, Nkorea Asian shares mostly rose on Monday outdoors of Tokyo, japan despite headwinds from the weekend missile test by North Korea and concerns over further spread of ransomware cyberattacks globally. Japan’s benchmark Nikkei 225 fell .12%. The Kospi shrugged off North Korea’s latest missile launch and reversed earlier losses to trade .39% and Australia S&P/AX […]

August 25, 2017

Oil jumps after Saudis, Russia say supply cut to become extended to March 2018

By Henning Gloystein SINGAPORE (Reuters) – Oil prices leaped on Monday following the energy ministers of top producers Saudi Arabia and Russia jointly stated that the OPEC-brought crude production cut could be extended from the center of this season until March 2018. Brent crude what food was in $51.66 per barrel at 0410 GMT, up […]

August 12, 2017

Oil Futures – Weekly Outlook: May 15 – 19 – Oil futures settled nearly flat on Friday, but nonetheless registered the very first weekly grow in per month around the likelihood that key crude producers will extend output cuts beyond an agreed-on June deadline once they meet later this month. The U.S. West Texas Intermediate crude June contract ticked up 1 cent to […]

July 29, 2017

A Few Days Ahead: 5 Items to Watch around the Economic Calendar – Key U.S. economic data within the week ahead could provide further evidence when the world’s largest economy is powerful enough to resist an interest rate hike as soon as the following month, using the Empire Condition and Philly Given manufacturing surveys in focus. Meanwhile, China would be to release industrial production data among […]