Markets World shares are taking another beating amid further turmoil in the Chinese stock market, where equities were suspended for the second time this week after tumbling more than 7% in the first half hour of trade. What’s triggering the … Continue reading
Markets World stocks are deep in the red once again as China fueled fears about its economy by permitting the yuan to weaken further and a nuclear test by North Korea added to geopolitical worries. With ever-increasing concerns, investors are … Continue reading
Markets China moved to shore up shaky investor sentiment today following an equities selloff that rocked global financial markets on revived concerns about the country’s economic slowdown. The PBOC flooded its banking system with 130B yuan ($19.95B), marking the largest … Continue reading
Markets World shares sold off sharply on the first trading day of 2016, as weak manufacturing data from China and a flare up in tensions between Saudi Arabia and Iran sent traders scurrying from stocks into safe haven assets. The … Continue reading
Markets The U.S. stock market took investors for a wild ride in 2015, but in the end it was a trip to nowhere. Equities began the year with a slow start as investors worried about falling crude prices, flat earnings … Continue reading
Markets Although stocks fell Thursday and declined again Monday, equities look likely to open today’s session with gains, suggesting a so-called Santa Claus rally may still be in the cards. The rally is the tendency for stocks to rise over … Continue reading
Markets How’s oil beginning another holiday-shortened week? Brent and U.S. crude switched between premium and discount to each other several times in post-Christmas trading – in a market heavily plagued by oversupply. However, traders aren’t interpreting the movements too much, … Continue reading
Markets Another big day for oil prices! West Texas Intermediate on Tuesday settled at a premium to its global counterpart Brent crude for the first time in more than five years, and the spread between the two benchmarks is now … Continue reading
Markets Traders are poised to get some fresh reads on U.S. economic growth and data ahead of the holidays at the end of the week. Today’s big statistic will be the final figure for third-quarter GDP, which is expected to … Continue reading
Markets Brent crude is shattering records, losing a fifth of its value in the last month and a third since early October. The benchmark has now hit levels not seen since 2004, skidding 2% to as low as $36.06 per … Continue reading