Posts Tagged ‘crude oil’

  • Market Review June 26 2012

    Jun 26, 12 • 5735 Views • Market Reviews Comments Off on Market Review June 26 2012

    A pair of manufacturing surveys were released today in the US. The Chicago National Activity Index for May showed that conditions had deteriorated somewhat, while the Dallas Fed’s manufacturing survey for June showed an improvement in conditions. After the...

  • Market Review June 25 2012

    Jun 25, 12 • 5494 Views • Market Reviews Comments Off on Market Review June 25 2012

    On the global arena, key summit of the European Union (EU) is scheduled on 28 and 29 June 2012 to discuss the ongoing European debt crisis. At the upcoming EU summit, European officials may reportedly launch the long process of deeper integration within...

  • Market Review June 22 2012

    Jun 22, 12 • 4522 Views • Market Reviews Comments Off on Market Review June 22 2012

    Asian markets are trading on a negative note today on the back of slowing US economic growth coupled with downgrade of world’s largest 15 banks by the Moody’s credit rating agency. The major banks include are Credit Suisse, Morgan Stanley, UBS AG and 12...

  • Oil attempting to grow on lifting restrictions

    Crude Oil Tumbles On Fed Statements

    Jun 21, 12 • 4463 Views • Market Commentaries Comments Off on Crude Oil Tumbles On Fed Statements

    Disappointment with the Fed decision yesterday weights heavily on Crude Oil. Crude has dropped to 80.39 and looks to break under the 80 price level. Not only did the Fed only do the bear minimum yesterday, by extending Operation Twist, they revised growth...

  • Market Review June 21 2012

    Jun 21, 12 • 4176 Views • Market Reviews Comments Off on Market Review June 21 2012

    Asian markets are mixed this morning, over the disappointment of the Fed’s decision; markets had expected a larger stimulus package or new tools. US Fed opted to extend its Maturity Extension Program (Operation Twist) for another six months, but there...

  • Market Review June 20 2012

    Jun 20, 12 • 4566 Views • Market Reviews Comments Off on Market Review June 20 2012

    Markets in the US are excitedly anticipating today’s Fed meeting, hoping that some form of further monetary stimulus might be forthcoming. Investors are expecting some sort of monetary easing from the Feds. It will be a fairly quiet session in terms of...

  • Market Review June 19 2012

    Jun 19, 12 • 4672 Views • Market Reviews 1 Comment

    The G20 leaders focused their response to Europe’s financial crisis on stabilizing the region’s banks, raising pressure on German Chancellor Angela Merkel to expand rescue measures as contagion engulfed Spain. American exporters from Dow Chemical Co. to...

  • Market Review June 18 2012

    Jun 18, 12 • 4847 Views • Market Reviews Comments Off on Market Review June 18 2012

    This review is being written before the final release of elections throughout the world are tallied. Greece, France and Egypt are voting on Sunday and due to time differences and reporting times, the results remain up in the air so please keep a close eye on...

  • Crude oil slips to 2-week lows, bulls still hold

    Crude Oil after the OPEC meetings

    Jun 15, 12 • 2775 Views • Market Commentaries Comments Off on Crude Oil after the OPEC meetings

    During early Asian session, oil futures prices are trading above $84.50/bbl with gain of almost 0.90 percent from yesterday’s closing. Positive trend in oil prices is seen driven by both fundamental and economic stimulus in the market. That said, the lower...

  • Market Review June 15 2012

    Jun 15, 12 • 4636 Views • Market Reviews Comments Off on Market Review June 15 2012

    Equities and the euro were helped by reports that major central banks are poised to  inject liquidity should the results of weekend elections in Greece unleash havoc on financial markets. The Asian equities are also trading positive due to the above reason....