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Commodities: Oil futures rise on the back of geopolitical risk

Commodities: Oil futures rise on the back of geopolitical risk

Fri, 24 April 2015

Oil futures were buoyed on Thursday by reports that Saudi Arabia had restarted air attacks against Houthi rebel positions in Yemen. Front month West Texas crude futures rose by $1.46 to finish the ses... [more]

US durable goods orders rise more than forecast

US durable goods orders rise more than forecast

Fri, 24 April 2015

US durable goods orders rose more than expected in March, driven by demand for autos, commercial jets and military hardware. Orders increased 4% last month, compared to a 1.4% drop in February and ana... [more]

Greece's Varoufakis a 'gambler and amateur' as Eurogroup fails to make progress

Greece's Varoufakis a "gambler and amateur" as Eurogroup fails to make progress

Fri, 24 April 2015

Eurozone finance ministers failed to make much progress in debt talks with Greece on Friday, with Greek finance minister Yanis Varoufakis criticised for a lack of urgency in delivering concessions in ... [more]

German business confidence rises for sixth consecutive month in April

German business confidence rises for sixth consecutive month in April

Fri, 24 April 2015

German business confidence improved for a sixth consecutive month in April on the back of better sentiment in the manufacturing sector, reflecting stability at a high level in the economy overall. The... [more]

EU to triple funds against human trafficking in the Mediterranean

EU to triple funds against human trafficking in the Mediterranean

Fri, 24 April 2015

The European Union (EU) decided on Thursday at its extraordinary meeting in Brussels to triple funds for the patrols in the Mediterranean in order to fight human trafficking. This decision followed th... [more]

Commodities: Copper futures edge lower on stronger US dollar and China worries

Thu, 23 April 2015

A strengthening US dollar knocked the wind out of most commodities on Wednesday, amid better than expected data on US housing. Nevertheless, recent worries over the strength of the Chinese economy and... [more]

Migrant funerals held as EU meets to tackle rise of smuggling

Thu, 23 April 2015

Funerals were held on Thursday for the victims of the Mediterranean's worst migrant disaster on record, ahead of emergency EU talks in Brussels. 24 coffins containing the only bodies recovered from th... [more]

US weekly jobless claims unexpectedly rise

Thu, 23 April 2015

Weekly jobless claims in the US unexpectedly rose in the week to 18 April, the Labor Department revealed on Thursday. Initial jobless claims climbed to 295,000 from 294,000 the previous week, compared... [more]

Deutsche Bank pays $2.5bn to settle Libor rigging claims in UK and US

Thu, 23 April 2015

Deutsche Bank has agreed to pay $2.5bn to settle US interest rate-rigging claims from UK and US regulators, including the largest ever UK fine for rate manipulation. Germany's biggest bank will pay th... [more]

Lybia could confront EU attacks on human traffickers

Thu, 23 April 2015

Muhammed El-Ghirani, Lybian Minister of Foreign Affairs of the "Government of the National Salvation", rival to the country's internationally-recognised government, said on Thursday his group would "c... [more]

Chinese manufacturing sector PMI slips again in April

Thu, 23 April 2015

Manufacturing activity in China fell more quickly than expected in April, according to a widely followed survey, but some economists pointed out the figures were in fact not as weak as they might appe... [more]

Eurozone consumer confidence declines in April as concerns over Greece mount

Wed, 22 April 2015

Eurozone consumer confidence fell in April, registering its first decline in five months as the uncertainty surrounding Greece weighed on sentiment. The index fell to -4.6 this month from -3.7, which ... [more]

BP boss warns of severe impact on North Sea oil from ongoing supply glut

Wed, 22 April 2015

The North Sea oil industry is in for a "massive" shock as the global supply glut worsens, according to the chief executive of oil major BP. "We're going to see massive restructuring," Bob Dudley said ... [more]

US existing home sales rise at fastest pace in 18 months in March

Wed, 22 April 2015

Sales of existing US homes rose at the fastest pace in 18 months in March, industry data showed on Wednesday. According to the National Association of Realtors, existing home sales rose 6.1% month-on-... [more]

US home mortgages grow in week to 17 April, MBA says

Wed, 22 April 2015

Applications for US home mortgages grew last week, data released on Wednesday showed. The Mortgage Bankers Association (MBA) said its seasonally adjusted index of application activity, which covers ho... [more]

Boston Fed president adopts realistic approach to rate rises

Wed, 22 April 2015

The US economy will pick up this year paving the way for interest rate increases, but if forecasts are wide off the mark again they may need to be deferred, a top American policymaker said on Wednesda... [more]

Gazprom charged by EU regulators over Eastern Europe antitrust tactics

Wed, 22 April 2015

European regulators have formally charged Russian energy behemoth Gazprom with anti-competition charges over its central and eastern European business. The European Commission's antitrust regulators h... [more]

Commodities: Chinese farm imports set to almost double over coming decade

Wed, 22 April 2015

US dollar strength on the back of weakness in the single currency, as the situation in Greece continued to simmer, weighed on the commodities complex on Tuesday. The Bloomberg commodity index was off ... [more]

UK futures trader arrested for May 2010 Flash Crash

Wed, 22 April 2015

The US Department of Justice announced on Tuesday that a British citizen was arrested in the UK, accused of having contributed to the May 2010 flash crash in which the Dow Jones Industrial Average plu... [more]

Greece's money "starting to run out" says Eurogroup's Dijsselbloem

Tue, 21 April 2015

Cash-strapped Greece is expected to sign a new deal with its European creditors, according to the president of the Eurozone's group of finance ministers. "The money is starting to run out," said Jeroe... [more]

Former Egyptian president sentenced to 20 years in prison

Tue, 21 April 2015

Egypt's former president Mohamed Morsi has been found guilty of inciting his supporters to use violence against opposition demonstrators outside his palace in 2012 and sentenced to 20 years in prison.... [more]

Russian economy contracts due to EU sanctions and weak oil price

Tue, 21 April 2015

Russian economy has shrunken during the first three months of the year, the country's Prime Minister Dmitry Medvedev said. Medvedev blamed the weak oil price and the EU sanctions against Russia, which... [more]

Basel regulators to limit banks' discretion on capital rules

Tue, 21 April 2015

Global regulators have stated banks should no longer be allowed to adopt a discretionary approach in the amount of capital they hold against a similar set of loans. On Tuesday, the Basel Committee of ... [more]

German economic sentiment declines unexpectedly in April

Tue, 21 April 2015

German economic sentiment registered an unexpected decline in April, an industry survey showed on Tuesday. The ZEW Centre for Economic Research said that its index of German economic sentiment decline... [more]

Commodities: Morgan Stanley reiterates attractive stance on Energy sector

Tue, 21 April 2015

The decision over the weekend by the People´s Bank of China to cut its reserve requirement ratio for large financial institutional by 100 basis points, twice the usual amount, stoked demand for equiti... [more]

NASDAQ 100 Top Risers

Name Last Chg.% Time
Amazon.Com Inc. 445.10 14.13 22:10
Microsoft Corp. 47.87 10.45 22:10
Starbucks Corp. 51.84 4.88 22:08
Mattel Inc. 30.20 4.43 22:10
Google Inc. Class C 565.06 3.30 22:10

NASDAQ 100 Top Fallers

Name Last Chg.% Time
Biogen Inc 401.71 -6.64 22:10
Maxim Integrated Products Inc. 32.78 -5.64 22:10
Avago Technologies Ltd. 119.50 -3.68 22:10
Nxp Semiconductors Nv 95.33 -3.30 22:10
Altera Corp. 40.89 -2.85 22:08