31 May, 2015 by The TZ Newswire Staff Comments Off on Currencies: Dollar lower in rangebound trade ahead of U.S. data
Currencies: Dollar lower in rangebound trade ahead of U.S. data
Data this week could drive more dollar appreciation, say analysts.
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31 May, 2015 by The TZ Newswire Staff Comments Off on Energy firms want say in carbon pricing system
Energy firms want say in carbon pricing system
Six oil and gas companies have banded together to ask the UN to let them help devise a plan to stop global warming.
31 May, 2015 by The TZ Newswire Staff Comments Off on Futures Movers: Oil prices slip as China PMI weakens demand outlook
Futures Movers: Oil prices slip as China PMI weakens demand outlook
An important week for crude kicks off on a down note with prices lower as China’s purchasing managers index showed modest gains.
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31 May, 2015 by The TZ Newswire Staff Comments Off on China Stock Rout Grips Market With Deja Vu of 5/30 Catastrophe
China Stock Rout Grips Market With Deja Vu of 5/30 Catastrophe
Last week a rout wiped out about $350 billion of market value in a week on the Shanghai and Shenzhen exchanges. It so traumatized traders who eight years later they still refer to it by the date it began: the 5/30 catastrophe.
31 May, 2015 by The TZ Newswire Staff Comments Off on Asia Markets: Nikkei snaps winning streak; Shanghai Composite recovers
Asia Markets: Nikkei snaps winning streak; Shanghai Composite recovers
Asian stock markets mostly move lower, with Japan snapping its longest winning streak since 1988, though Shanghai rises after stumbling badly last week.
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31 May, 2015 by The TZ Newswire Staff Comments Off on Deutsche Bank Hires RBC’s Hadiaris as U.S. Market Structure Head
Deutsche Bank Hires RBC’s Hadiaris as U.S. Market Structure Head
Deutsche Bank AG has hired RBC Capital Markets’s Jennifer Hadiaris as the head of U.S. market structure strategy, a role that involves examining how trading works in the world’s biggest equity market.
31 May, 2015 by The TZ Newswire Staff Comments Off on Oil prices fall as OPEC output seen staying high
Oil prices fall as OPEC output seen staying high
Crude oil prices dropped on Monday on expectations that OPEC output would remain high after rising in May, stoking worries of oversupply despite declining U.S. rig operations. Crude oil prices jumped almost 5 percent on Friday, their biggest rally in over a month, as a bigger than expected fall in U.S. oil rigs in operation set off a renewed rush of bullish bets.