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Showing 221 - 230 of 1070 results for "oil prices"

Market Wrap PM

AAP  |  WEDNESDAY, 4 FEB 2015
The share market is set for a tenth straight day of gains as rebounding oil prices lift energy and mining stocks. The market is more than 1.2 per cent higher at noon, and a stronger close will mark its longest winning run since mid-2013. BHP Billiton ...

Market Wrap AM

LAURA MILLAN  |  WEDNESDAY, 4 FEB 2015
The Australian market looks set to open higher after the Reserve Bank cut interest rates to a new record low and oil prices rebounded. At 0837 AEDT on Wednesday, the March share price index futures contract was up 97 points at 5,740. Consumers are waiting ...

Market wrap

AAP  |  TUESDAY, 3 FEB 2015
... interest rates. The market is more than half a per cent higher, following strong gains from Wall Street and rising oil prices overnight. IG market strategist Stan Shamu said the local market was also being buoyed by rising expectations the RBA will cut ...

Market Wrap AM

AAP  |  TUESDAY, 3 FEB 2015
... points. NEW YORK - Wall Street stocks have closed a choppy day with strong gains led by petroleum-linked equities as oil prices rose again. At the closing bell, the Dow Jones Industrial Average stood at 17,361.04, up 196.09 points (1.14 per cent) after ...

Market wrap

AAP  |  MONDAY, 2 FEB 2015
The share market is firmer as a weakening Australian dollar and an uptick in oil prices helped the energy stocks and mining giant BHP Billiton. The local currency dropped to 77.26 US cents overnight, sinking closer to levels last seen in July 2009. ...

Asia already benefiting from fall in oil prices

LAURA MILLAN  |  MONDAY, 2 FEB 2015
Positive economic numbers are already coming out from Asian countries following the fall in oil prices that started in late 2014, Nikko Asset Management revealed. "Asia is an undoubted winner of the fall in oil prices," Nikko Asset Management head of ...

Market Wrap AM

AAP  |  MONDAY, 2 FEB 2015
... 0.41 per cent to 10,694.32 points, and in Paris the CAC 40 fell 0.59 per cent to 4,604.25 points. Plummeting world oil prices were largely to blame for the fall in the 19-country eurozone, already beset by weak economic growth and high unemployment ...

Economists divided over Europe growth

LAURA MILLAN  |  FRIDAY, 30 JAN 2015
... expecting 18 months of above trend growth in US and we see Europe only two years behind." He argued that the fall in oil prices is likely to help growth in Europe and that wages in both Europe and the US are low enough after the global recession for ...

Market Wrap AM

AAP  |  FRIDAY, 30 JAN 2015
... YORK - US stocks have pushed higher, rallying after two down days on generally solid corporate earnings and a gain in oil prices. At the closing bell on Thursday, the Dow Jones Industrial Average was at 17,416.85, up 225.48 points (1.31 per cent). The ...

Deflation is the Darth Vader of the economy

BENJAMIN ONG  |  THURSDAY, 29 JAN 2015
... outright deflation expectations? The ECB put this eloquently when it announced QE last week: "While the sharp fall in oil prices over recent months remains the dominant factor driving current headline inflation, the potential for second-round effects ...