Oct 23, 2014 at 07:01 | Source: Reuters
Asian shares sagged on Thursday after a retreat on Wall Street and falling crude oil prices revived investor concerns over slowing global growth, as markets nervously waited for Chinese and European manufacturing reports later in the day.
Oct 22, 2014 at 20:21 | Source: CNBC-TV18
despite the recent volatility in global markets in the backdrop of global growth concerns, Deustche Bank expects seven out of ten big nations to grow in 2015. US will drive global growth, but Europe may struggle, as geopolitics remains the biggest risk increasing chances of Europe slipping into recession.
Oct 20, 2014 at 10:43 | Source: Reuters
"Oil markets are following the positive sentiment from equity markets," said Ric Spooner, chief analyst at CMC Markets in Sydney.
Oct 17, 2014 at 11:13 | Source: Reuters
By some measures, the near 10 percent decline in the Standard & Poor's 500 stock index from a record high last month may already have flushed out much of the speculative money that helped propel a bull market in stocks beyond the average length.
Oct 16, 2014 at 10:04 | Source: Moneycontrol.com
Led by hopes of an increase in supply thanks to the US shale boom as well as prospects of weakness in the global economy, international crude oil prices have been on the decline over the past several months.
Oct 15, 2014 at 15:49 | Source: Reuters
Many drillers have long-term rig contracts and are loathe to pay costly penalties for dropping equipment they could need soon after. Most have hedged next year's production at much higher prices, and are racing to lock in 2016, protecting their revenues even if the free-fall in oil markets continues.
Oct 15, 2014 at 12:40 | Source: Reuters
Comments from core OPEC members, including Saudi Arabia, Kuwait and Iran, signalling the group was unlikely to cut output to support the market have further depressed prices.
Oct 14, 2014 at 08:34 | Source: CNBC-TV18
Watch the interview of Philip Gotthelf, MD of Equidex with Menaka Doshi on CNBC-TV18, in which he shared his readings and outlook on crude.
Oct 10, 2014 at 08:00 | Source: Moneycontrol.com
Global markets trade weak as US erased all the gains to end lower with Dow Jones posting the worst point loss this year. Europe also ended lower after volatile trade. Moreover, Asian markets are also lower tracking the global weakness.
Oct 09, 2014 at 15:04 | Source: Reuters
The dollar jolted lower, while oil and commodity prices rose. Bond yields in large parts of Europe, which have plunged during years of cheap funding from the Fed and the world's other major central banks, hit new record lows.