Commodities/FX

Commodities/FX
bp

BP inks paper on US$3.2bn of deals in 3 days

BP's deal making sector has been busy putting pen to paper signing up new deals with an investment of almost US$1bn in a partnership...
oil

Oil prices jump as OPEC begin meeting in Vienna

Oil prices jumped over 5 percent on Wednesday morning on hopes that OPEC may agree an output cut at its meeting in Vienna. The 14-country...
OPEC

OPEC deal causes markets to surge

The first OPEC cut in oil production since 2008 sent markets surging on Thursday, lifting the price of oil between 6 and 7 percent. The...

US Non-Manufacturing PMI down, Dollar falls – What will the Fed...

Data released by the Institute for Supply Management (ISM) at 3pm on Tuesday afternoon showed business conditions worsening in the US non-manufacturing sectors in...
oil

Is this the end of the oil industry?

Oil is one of the main drivers of the global economy, but prices went into freefall at the start of this year with rates...
oil

Russia – Saudi Arabia oil market deal, Oil futures back below...

After an initial jump in oil futures, fuelled by the Russian - Saudi Arabian announcement of cooperation on strategies to stabilise the oil market,...

Disappointing US Employment figures send Dollar tumbling

Disappointing data on the development of US employment in August saw the dollar fall drastically against other major currencies. This afternoon, the US Department of...

US ISM Manufacturing Index falls in August, GBP near one-month high

The US Institute for Supply Management Manufacturing index hit its lowest since January. August’s figure stood at 49.4, down 3.2 points from July’s measure and...
pound

GBP bearish on higher UK housing prices and Euro-Zone inflation data

Data published this morning on UK housing prices and Euro-Zone inflation in August send the Pound higher against the Euro and the US Dollar. Growth...

Mining stocks down on stronger dollar

Mining stocks suffered on Tuesday morning due to the rising strength of the US Dollar. The London Stock Exchange Mining Sector Index lost 382.18 points in morning...