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By Phil Flynn |
May 16, 2013
Oil prices are falling despite a late day surprising dead cat bounce as oil inventories and weak industrial data weigh on the market outlook.
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By Mark Deen, Bloomberg |
May 15, 2013
The French economy fell back into recession, increasing pressure on President Francois Hollande to adopt policies to revive growth.
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By Alexander Kwiatkowski and Winnie Zhu, Bloomberg |
May 15, 2013
Two weeks after Royal Dutch Shell Plc and Platts changed the way more than half of the world’s crude is valued, the companies along with BP Plc and Statoil ASA are being probed by European antitrust regulators about potential manipulation of oil prices.
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By Brian Swint, Joe Carroll and Lananh Nguyen |
May 14, 2013
Three of Europe’s biggest oil explorers are being questioned by European regulators about potential crude market manipulation.
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By Jonas Bergman, Bloomberg |
May 14, 2013
Royal Dutch Shell Plc and Statoil ASA said they were targeted by European antitrust officials in an investigation into plotting to manipulate published prices.
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By Jim Brunsden and Rebecca Christie, Bloomberg |
May 14, 2013
The European Central Bank clashed with Germany over how the European Union will handle struggling banks and whether to create a common agency and fund to manage failures.
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By Stefan Riecher, Bloomberg |
May 13, 2013
Euro-area data this week will probably reveal economic scars of the sovereign debt crisis confirming that the region is now suffering the longest recession since the single currency’s creation.
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By Simon Kennedy and Rich Miller |
May 12, 2013
America’s aggressive strategy for tackling its financial and economic ills is working better than Europe’s go-slow approach.
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By Jennifer Ryan and Ian Katz, Bloomberg |
May 10, 2013
U.S. Treasury Secretary Jacob J. Lew said European policy makers are still falling short in efforts to revive their economy, intensifying pressure on them to further ease their budget-cutting.
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By Justin Pugsley |
May 9, 2013
There are growing signs that the Eurozone might be shifting away from its program of austerity. If that does prove to be the case, it is likely to be very supportive for risk currencies generally and risk assets such as commodities and equities.
