price of oil

Ugly Start to a New Year

January 2, 2019

In the first session of 2019, stock markets slumped 3.1% in Hong Kong, 1.8% in Taiwan, 1.6% in Australia,, 1.5% in South Korea and Vietnam, 1.2% in China, and 1.0% in India and Singapore. There was mercifully no trading in Japan or New Zealand due to holiday closures. In Europe where the Swiss market was […] More

Aussie Dollar Rose and Oil Price Fell

November 12, 2015

Australia’s currency strengthened 1.0% against its U.S. counterpart on strong labor market data.  Australia’s jobless rate fell 0.3 percentage points to 5.9%, and 58.6K jobs were created last month, four times greater than anticipated. The U.S. dollar has otherwise climbed 0.3% against the euro and sterling, 0.2% versus the kiwi and loonie, and 0.1% relative […] More

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