Oil Prices Fall Back

October 3, 2007

The price of oil has finally slipped back on international markets below the $80 mark, with investors keenly anticipating figures from the US crude oil inventory due tomorrow.
The price of crude oil has fallen back over the last few days with investors content to reap the rewards of their investment purchases through selling stock and […]

Mixed Trading On Global Stock Markets

October 3, 2007

Stock markets across the world have experienced a day of mixed market trading today, with hopes of a further Federal Reserve interest rate cut doing little to curb the anti-investment sentiment arising from lower pending home sales.
Europe saw an overall fall in its unemployment figures to give the leading exchanges there a boost, whilst the […]

World Stocks Largely Down To Round Off Week

September 28, 2007

Stock markets across Europe and the US have tonight closed down on the start of trade, after a day of fairly mixed economic news led to an overall gloomier picture of the world economy.
News of US consumers continuing to spend was a welcome relief from the woes of recent months, and a sign that the […]

Strauss-Kahn Formally Announced As New IMF Chief

September 28, 2007

The International Monetary Fund has today officially named its new head in line with widespread analysts expectations, continuing what Russia has described as the trend of a European heading the IMF in return for an American heading the WTO.
Former French finance minister Dominique Strauss-Kahn was unveiled today as the new leader of the International Monetary […]

Oil Prices Continue To Rise

September 28, 2007

Oil prices in Asian markets have closed at a new record high through trade today, as a result of the ongoing weakness of the dollar and the perpetual supply fears that have propped up prices for the best part of this year.
Through trading in Asia today the price of oil per barrel broke the landmark […]

Global Stock Markets See Positive Morning Trade

September 27, 2007

World stock markets enjoyed a morning of widely positive trading, off the back of fresh hopes that the Federal Reserve would further cut interest rates at their next policy meeting to reflect poor results from within the US.
Upon release of figures suggesting that demand for US durable goods had fallen despite the sharp drop in […]

Dollar Trades Weaker Against Euro Again

September 27, 2007

The value of the euro has yet again traded strongly up on the dollar on international currency exchanges, as the greenback continues to weaken in the face of poor macroeconomic figures published today.
The euro has traded up against the dollar for several successive sessions as investors heavily sell the dollar for fear of further interest […]

Global Stocks Largely Down, US Recovers

September 25, 2007

World stock markets faced a day of largely downward trading, after negative signals from within the US economy prompted analysts to sell off in European markets.
The news of a fall in US investor confidence was sufficient to revive some of the market jitters of European markets over the last few weeks, for fear that the […]

World Stock Markets Slightly Down

September 24, 2007

Global stock markets have enjoyed a mixed day of trading today with some remnants of last week’s interest rate cuts keeping values close to scratch on a day in which the International Monetary Fund predicted a worldwide economic slowdown.
The news from the International Monetary fund hit markets across the world, with European markets literally saved […]

IMF Suggests Global Slowdown Is On The Horizon

September 24, 2007

A global economic slowdown over the near future is very likely, as a by-product of the current credit crunch environment, according to an announcement made today by the International Monetary Fund.
Speaking today on the impact of the US sub-prime situation in its global stability report, the International Monetary Fund suggested that the outcome of the […]

Oil Prices Remain High

September 21, 2007

Oil prices on global commodity markets have remained high today off the back of ongoing fears of severe weather patterns in the Gulf of Mexico, which many are expecting to have an adverse impact on output.
Brent Crude trade in London hit a new high of $79.35 a barrel. whilst US light crude was down slightly […]

Global Markets Gain On Yesterday

September 21, 2007

World stock markets have enjoyed a day of recovery in trade, carrying on where they left off earlier in the week with momentum from the Federal Reserve’s interest rate cuts, designed to stabilise the rocky sub-prime sector.
The US sub-prime lending sector crisis had been responsible for a significant upset in world markets over the last […]

World Markets Trade Down For First Time Since Fed Cuts

September 20, 2007

World stock markets have seen their first day of all round negative trading after the Federal Reserve cut US interest rates to 4.75% earlier in the week, reflecting that the world economy may not yet be in to the clear.
The negative trading comes largely as a result of word from the Federal Reserve that the […]

Stock Markets Continue Improved Trading

September 19, 2007

Markets across the world have again enjoyed a day of positive trading, after yesterday’s much anticipated interest rate cut at the Federal Reserve brought some much needed stability back to world markets.
The move comes amidst fears of the extent of the sub-prime situation, and the wider economic effects of tightening liquidity conditions on economies across […]

Oil Prices Soar To New Record Highs

September 19, 2007

Oil prices have soared to new highs off the back of the US interest rate cuts, after market trading significantly improved as a result of the increasing stability afforded by the cheaper cost of borrowing.
The price of crude oil rose to $82 a barrel, a new record high as markets saw the impact of significantly […]

Worldwide Stock Markets Trade Heavily Up

September 18, 2007

The world stock markets have enjoyed a comprehensive day of positive trading, mainly as a result of the dramatic interest rate cut announced by the Federal Reserve, and the anticipation of the same earlier in the day.
The Federal Reserve today announced that the US interest rates were to be cut by a significant two increments, […]

Crude Oil Breaks $81/barrel

September 18, 2007

The price of crude oil has today reached a new high point, breaking the landmark $81 mark for the first time in history to reflect ongoing supply shortages in the wake of increasing demand from the global economy.
The news comes on the announcement that US crude stock piles are running fatally low, at their weakest […]

Northern Rock Latest Sub-Prime Victim

September 14, 2007

Mortgage lender Northern Rock has today hit rock bottom as a result of over exposure to the sub-prime sector, which saw it pleading with central banks for emergency funding.
The UK based lender, one of the country’s biggest with a market share of almost 19%, was today involved in an emergency liquidity situation as a result […]

World Stock Markets Strong On Day’s Trade

September 13, 2007

Stock markets across the world have closed strongly up on the day, after a positive day of strong trading worldwide off the back of reassuraning measures from within the US and further afield.
With the Federal Reserve poised to cut interest rates, oil supply guaranteed to increase in November, and the Bank of England having injected […]

Oil Down Just Short Of Record Prices

September 13, 2007

The cost of crude oil on open commodity markets has fallen slightly from the record highs recently experienced, despite the fact that it remains fairly high by comparison to desirable market standards.
The news comes in the wake of OPEC’s surprise decision to step up output of crude oil by as much as half a million […]

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