10 September, 2015 by The TZ Newswire Staff Comments Off on Goldman Sachs cuts oil price forecasts and sees potential for $20 per barrel
Goldman Sachs cuts oil price forecasts and sees potential for $20 per barrel
Livesquawk reporting
– 2015 Brent crude forecast down to $53.7 per barrel, 2016 down to $49.50
– 2015 WTI forecast to $48.1, 2016 down to $45.00
– cites global crude surplus
Very bearish call by Goldmans but understandable given current fragile global scenario
10 September, 2015 by The TZ Newswire Staff Comments Off on Futures Movers: Oil pulls back after conflicting supply signals
Futures Movers: Oil pulls back after conflicting supply signals
Oil prices are trading in a narrow range, with few cues for investors after conflicting signals emerged from the U.S.
10 September, 2015 by The TZ Newswire Staff Comments Off on ECB’s Coeure says growth not strong enough to create a sufficient number of jobs
ECB’s Coeure says growth not strong enough to create a sufficient number of jobs
ECB member on Rtrs quoted from newspaper interview
– growth and employment are pre-requisites for price stability
EURUSD still treading water around 1.1290 with large casting a shadow
10 September, 2015 by The TZ Newswire Staff Comments Off on Asia Markets: Asian stocks waver ahead of Fed decision
Asia Markets: Asian stocks waver ahead of Fed decision
The region was rebounding after worries about China’s ability to shore up its market and its slowing economy had forced steep declines across the region—shares in Hong Kong are roughly flat this month but lost 12% in August.
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10 September, 2015 by The TZ Newswire Staff Comments Off on NDRC’s Zhang says Chinese economy faces " relatively large" downward pressure
NDRC’s Zhang says Chinese economy faces " relatively large" downward pressure
vice chairman at Beijing briefing
National Development and Reform Commission
– Jan- Aug FAI growth expected at Jan-July level
– China investment growth “relatively weak”
At least they’re starting to be more honest these days rather than in constant denial
10 September, 2015 by The TZ Newswire Staff Comments Off on Europe finance leaders hold talks on migrant crisis
Europe finance leaders hold talks on migrant crisis
Squawk Box Live in Europe brings you all the news and developments from Luxembourg and much more.
10 September, 2015 by The TZ Newswire Staff Comments Off on Syriza lead widens to 5 points in latest Greek election poll
Syriza lead widens to 5 points in latest Greek election poll
According to results published today in Greek newspaper EFSYN
– lead widens from 3.5 points in previous poll by same company on 28 August