Oil continues to rise
October 7, 2015
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Business

Oil continues to rise

However, the world’s vast oil glut – which sent prices collapsing by 60 percent between…

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Crude oil futures push higher after range breakout
October 7, 2015
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Business

Crude oil futures push higher after range breakout

Analysts first noticed the supply constraint last week when data revealed the closure of 26…

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Oil Up 4% as Production Slows
October 7, 2015
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Business

Oil Up 4% as Production Slows

The highest average spot price was observed on Bonny Light oil produced in Nigeria, which…

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Eurozone business activity slows in September: data
October 6, 2015
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Business

Eurozone business activity slows in September: data

A reading above 50 shows an expansion in employment from the previous month, while one…

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Japan September PMI survey shows services sector slowing
October 5, 2015
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Business

Japan September PMI survey shows services sector slowing

The composite PMI reading for the month was also downbeat: it was 51.2, the lowest…

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USA jobless claims rise more than expected
October 4, 2015
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Business

USA jobless claims rise more than expected

Employers have retained workers amidst a solid demand domestically, one reason why the claims have…

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China factory activity shrinks for second month
October 4, 2015
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Business

China factory activity shrinks for second month

The Caixin China Manufacturing PMI is based on data compiled from monthly replies to questionnaires…

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Is an October rate hike possible? St. Louis Fed President says maybe
October 3, 2015
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Business

Is an October rate hike possible? St. Louis Fed President says maybe

Still, he explained that he supported the decision to hold off on a rate hike,…

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Crude-Oil Futures Slightly Higher Ahead of US Jobs Data
October 3, 2015
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Business

Crude-Oil Futures Slightly Higher Ahead of US Jobs Data

November WTI (West Texas Intermediate) crude oil futures contracts have been showing the emergence of…

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Economy Adds 142000 Jobs in September
October 2, 2015
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Business

Economy Adds 142000 Jobs in September

The Labor Department’s employment report for September suggests that turmoil in global financial markets may…

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