20 December, 2015 by The TZ Newswire Staff Comments Off on Asian stocks subdued, oil makes fresh low
Asian stocks subdued, oil makes fresh low
Asian share markets got off to a lackluster start on Monday following a dive on Wall Street, though losses were limited by a general lack of investor interest in a holiday-heavy week. MSCI’s broadest index of Asia-Pacific shares outside Japan was flat, while Australia’s main index (.AXJO) eased 0.2 percent. Japan’s Nikkei (.N225) slipped 0.9 percent.
20 December, 2015 by The TZ Newswire Staff Comments Off on U.S. crude prices head towards new 2015 low as drilling rebounds
U.S. crude prices head towards new 2015 low as drilling rebounds
U.S. West Texas Intermediate (WI) crude futures were trading at $34.48 per barrel at 0008 GMT, down 25 cents from their last settlement and close to last Friday’s 2015 lows. Oil prices are at levels last seen during the peak of the financial crisis of 2008/2009. Analysts said a strong dollar following last week’s U.S. interest rate hike, which makes oil consumption more expensive for countries using different currencies, as well as a renewed increase in U.S. oil rig counts were weighing on crude prices.
20 December, 2015 by The TZ Newswire Staff Comments Off on False Premises: The Biggest Myths About The Fed’s Rate Hike
False Premises: The Biggest Myths About The Fed’s Rate Hike
Submitted by Bill Bonner via Bonner & Partners (annotated by Acting-Man.com’s Pater Tenebrarum),
False Premise
The Fed did as expected. It announced it would raise its key rate by a quarter of a percentage point to 0.5% and gradually raise it up over the next three years.
20 December, 2015 by The TZ Newswire Staff Comments Off on Oil Prices: Is OPEC the Real Enemy of U.S. Oil?
Oil Prices: Is OPEC the Real Enemy of U.S. Oil?
Maybe the enemy is closer to home than you think.
20 December, 2015 by The TZ Newswire Staff Comments Off on Will Apple Inc.’s iPad Air 3 Catalyze an Upgrade Cycle in 2016?
Will Apple Inc.’s iPad Air 3 Catalyze an Upgrade Cycle in 2016?
It doesn’t seem so.
20 December, 2015 by The TZ Newswire Staff Comments Off on Superheroes Of The GOP Debate
Superheroes Of The GOP Debate
With Hillary Clinton cast as their arch-nemesis, the new ‘avenging superheroes’ – some the same as the old avengers – of the GOP presidential nominee race each have their own unique skills…
20 December, 2015 by The TZ Newswire Staff Comments Off on Asia markets likely to fall after Wall Street losses
Asia markets likely to fall after Wall Street losses
Asia’s markets are likely to spend the day bathed in red on Monday, after Wall Street’s sharp losses on Friday.