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Crude Prices Fall on Greece, Iran Nuclear Talks



Crude oil fell about 2 percent on Friday, the first decline after three days of gains, as worries over the Greek fiscal crisis, weaker oil products prices and pre-weekend profit taking undercut the market. 390 more words

Crude Oil: May be losing the upward momentum

Prices had surged Tuesday, getting a boost from a weaker US dollar that makes dollar-priced oil cheaper for holders of rival currencies. But on Wednesday Oil prices plunged, despite a much bigger-than expected decline in US crude inventories, as slowdown at refineries raised concerns about the strength of demand. 134 more words


World stock markets in retreat under pressure from bond rout

The world’s stock markets have taken a battering Thursday, succumbing to the fear that has grabbed bond markets in the last week on the realization that there was little or no room for them to go any higher. 518 more words


Fed Update

Fed Note

The FOMC meeting ended with little fanfare as theories continued to swirl about surrounding the timing of the Fed’s choice to raise interest rates.   671 more words

Economic News

Weekly Economic Update

Economic Update 4-20-2015

  • Economic results on the week were in keeping with the recent lackluster trend, with weaker-than-expected retail sales and manufacturing.  Inflation came in a bit stronger, but remains flat to slightly negative on a year-over-year basis when energy price declines are considered.
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Economic News

Nigeria: After Tonight

The Buhari government manifesto is wonderfully wistful. But the immediate priorities include tackling the militants in the North East and stabilising the national finances. Grander ambitions can wait. 578 more words