Markets World shares are following crude lower, after the world’s largest oil exporters failed to reach an agreement in Doha to freeze output at January levels. The major sticking point during the meeting was the heightened tension between Saudi Arabia, … Continue reading
Markets All eyes are on Doha this weekend where a meeting between OPEC and non-OPEC oil producers is being held to discuss freezing output at current levels. Ahead of the big event, another Russian official poured cold water on hopes … Continue reading
Markets The Bank of England looks set to keep interest rates on hold today amid concerns about a slowdown in the U.K. economy and the threat of Britain leaving the EU. “Little action is expected as always with no one … Continue reading
Markets The trade picture in the world’s second-largest economy staged a turnaround last month, although economists cautioned the data was heavily influenced by seasonal distortions from China’s Lunar New Year holiday. After declines in both January and February, March exports … Continue reading
Markets Just five days ahead of the much anticipated oil producers’ meeting in Doha, Iraq’s OPEC governor Falah Alamri has extended his support for an output freeze agreement by stating “this is the only way” to boost crude prices. Although … Continue reading
Markets Earnings season for the first quarter is about to get underway, starting with Alcoa’s (NYSE:AA) results after today’s market close. If Wall Street forecasts are to be believed, traders are bracing for a 7.9% plunge in Q1 profits, marking … Continue reading
Markets Japan’s Finance Minister has described the dollar’s recent falls vs. the yen as “one-sided movements” and vowed to intervene if necessary to continue the country’s fight against deflation. “We are watching moves with a sense of tension,” Taro Aso … Continue reading
Markets Still digesting details from the last Federal Reserve meeting, investors are looking ahead to the European Central Bank’s own set of minutes. The account, due at 8:30 a.m. ET, will shed some light on why the ECB chose to … Continue reading
Markets Later today the FOMC will issue the minutes from its last meeting, where the Fed left rates unchanged and lowered its forecast for hikes this year from four to two. While traders are hoping the context will help clarify … Continue reading
Markets March’s stock market spring back is threatening to turn into a pullback. While April is typically one of the best months of the year, equities are remaining under pressure as oil slips to a one-month low, sentiment sours ahead … Continue reading
