Shares in mining and trading company Glencore fell almost 30% and closed at a record low on Monday over concerns it is not doing enough to cut its debt to withstand a prolonged fall in global metals prices.
To date, we have lost about 500,000 BOPD in the Lower 48. We will lose that again before the year is out.
“How do I sleep at night? You know, Ambien.” Well, this escalated quickly. MSMB Capital founder Martin Shkreli has just thrown himself into the 2016 Presidential race, but not as a candidate.
Wall Street fell more than 1% in early trading on Tuesday due to a fall in oil and copper prices on concerns about the outlook for the Chinese economy.
Oil prices rose more than 2 percent on Monday after data showed U.S. drilling slowed and a report said $1.5 trillion worth of planned production was uneconomic at current prices.
The U.S. dollar made gains this morning as markets anticipate that central banks around the world will ease monetary policy. The anticipation comes in the wake of the Federal Reserve’s decision last week to maintain its current rate level.
A market selloff is underway. The dollar is sliding against global currencies after the Federal Reserve decision to keep interest rates level. Today’s news features a slump in global oil prices, a jump for gold and silver, a rising New Zealand dollar, and an update on the Chinese real estate market.

The party is over for tight oil. 

The rise of cyber crime threatens the links between traders and markets, and will only accelerate as investors boost their reliance on technology. What follows is a conversation about the markets, cyber security and the coming challenges that investors and traders face in the 21st century economy.
Investors tend to make "contrarian" investing choices too early in the cycle.