A poll of six analysts, taken ahead of weekly inventory reports from industry group the American Petroleum Institute (API) and the U.S. Department of Energy’s Energy Information Administration (EIA), showed a crude stock build of 5 million barrels on average last week. The U.S. shale oil industry may have forever abandoned its Read More
March 2015
NEW YORK – US crude futures settled more than 1 per cent higher on Monday, boosted by a falling dollar that outweighed pressure on prices from a global supply glut. “The dollar is under pressure, and we saw buyers coming into the market as a result,” said Tradition Energy senior analyst Gene McGillian. US crude Read More
NEW YORK: US crude futures settled more than 1 percent higher on Monday, boosted by a falling dollar that outweighed pressure on prices from a global supply glut. “The dollar is under pressure, and we saw buyers coming into the market as a result,” said Tradition Energy senior analyst Gene McGillian. US Read More
* Brent, WTI prices fall again after Saudi comment on supply * Gilead Pharma shares fall premarket * Futures off: Dow 4 pts, S&P 1 pts, Nasdaq 2 pts (Updates prices, adds comment) By Rodrigo Campos NEW YORK, March 23 (Reuters) – U.S. stocks were set to dip at the open on Monday following strong Read More
By John Balassi NEW YORK, March 23 (IFR) – Three Yankee deals are already out this morning in the high-grade market, a welcome sign of life after one of the slowest non-holiday weeks of the year. But Greece is weighing on sentiment, oil prices are down again and syndicate desks are expecting relatively light issuance Read More
* Futures off: Dow 21 pts, S&P 2.5 pts, Nasdaq 3 pts NEW YORK, March 23 (Reuters) – Dow Futures ticked lower on Monday following strong gains in major indexes last week, as investors eyed negotiations over the future of Greece in the euro zone and as oil prices fell further. * German Chancellor Angela Read More
The bond market is flat despite some support early in the session after a US central bank official urged interest rate rises to be pushed back. Federal Reserve Bank of Chicago president Charles Evans said in a research paper that interest rates should remain near zero for longer because of “substantial uncertainty” about US inflation Read More
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The Australian bond market is firmer after a voting member of the Federal Reserve argued interest US rates should stay near zero for longer. US Treasuries rallied after Federal Reserve Bank of Chicago president Charles Evans released a research paper arguing that interest rates should remain near zero for longer amid “substantial uncertainty” about US Read More
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