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By Scott Rose, Ryan Chilcote and Ilya Arkhipov, Bloomberg |
January 21, 2013
Russia’s central bank is resisting calls to cut interest rates, sparking a “huge argument” with the government over priorities as economic growth slumps, First Deputy Prime Minister Igor Shuvalov said.
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By Phil Flynn |
January 2, 2013
Oil prices had the shackles removed and spiked higher after the Republicans caved and agree to a bill that will raise taxes on families that earn over $450,000. Of course for oil bulls any deal is better than no deal.
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By Scott Rose and Olga Tanas, Bloomberg |
October 5, 2012
Russia’s central bank held back from raising interest rates after a surprise increase last month, a pause that may prove brief after inflation quickened past the target range to the fastest in 10 months.
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By Scott Rose, Bloomberg |
September 13, 2012
Russia’s central bank unexpectedly raised all of its policy rates by a quarter-point after inflation exceeded its target, splitting from policy makers in other major economies focused on bolstering growth.
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By Jon Nadler |
September 10, 2012
Gold is pricing in a Fed QE of as much as $500 billion. Anything less than that figure is seen as having the potential to push gold prices lower late in the week.
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By Stephen Kirkland and David Yong, Bloomberg |
May 23, 2012
The euro sank to an almost two-year low, while stocks and commodities tumbled, as European leaders prepared to meet in Brussels amid concern Greece will exit the currency union.
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By Henry Meyer and Jason Corcoran, Bloomberg |
May 17, 2012
Investors are fleeing Russia as demonstrators against President Vladimir Putin dig in, exacerbating the impact of Europe’s debt crisis on the country’s markets, money managers from Frankfurt to Moscow said.
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By Joe Carroll, Bloomberg |
April 26, 2012
Exxon Mobil Corp., the world’s largest energy company by market value, said net income fell 11 percent as its biggest first-quarter production decline since 2008 wiped out most of the benefit of record oil prices.
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By Stephen Kirkland and Rita Nazareth, Bloomberg |
March 6, 2012
Stocks fell a third day, with the Standard & Poor’s 500 Index posting its worst drop of the year
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By Phil Flynn |
February 6, 2012
Daily energy fundamentals from Phil Flynn
