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Showing 11 - 20 of 60 results for "Lower oil prices"

Empire State bombs out

BENJAMIN ONG  |  TUESDAY, 18 AUG 2015
... lift-off expectations. More so, if you consider that the index had been hit by energy equipment purchases because of lower oil prices, in part because of the string US dollar because of lift-off expectations. Wall Street seemed to be. The S&P 500 index ...

RBNZ tries to turn the turn in NZ economy

BENJAMIN ONG  |  MONDAY, 27 JUL 2015
... have to see it in perspective. Farming accounts for just 7% of GDP. New Zealand is benefiting in particular from lower oil prices now. Cheaper energy is positive for consumer purchasing power and resulting in lower costs to industry. What's more, it ...

Share market's rally comes to an end

AAP  |  FRIDAY, 17 JUL 2015
... to $34.66. Santos was down 9.5 cents at $7.625 after reporting a 19 per cent slide in quarterly revenue due to lower oil prices.

Market to open lower

AAP  |  MONDAY, 15 JUN 2015
... meeting that will update the Fed's plan to hike interest rates in the coming months. Petroleum stocks dropped on lower oil prices. Dow members Chevron and ExxonMobil fell by 1.2 per cent and 1.3 per cent respectively, while offshore driller Transocean ...

Pubs satisfying BlackRock income thirst

DARREN SNYDER  |  FRIDAY, 1 MAY 2015
... monetary policies to diverge and so far this year most central bank action has been on the easing side. He said lower oil prices have also created both risks and opportunities within emerging markets. As of December last year BlackRock had about $1.4 ...

IMF predicts drop in foreign earnings

DARREN SNYDER  |  WEDNESDAY, 15 APR 2015
... Australia's monetary policy assumptions are in line with market expectations. "Loosening is called for if the effect of lower oil prices is transmitted to core inflation or inflation expectations. To date, moderating prices are apparent only in narrow ...

"Patient" is the (key)word

BENJAMIN ONG  |  TUESDAY, 17 MAR 2015
... biggest gain in five weeks, mind you). Could it be that financial markets now believe my previous rants that lower oil prices are a boon to the economy? But then perhaps, I have to attach "WR" to my surname (Ong) one more time for as we saw last week ...

Fight or be beggared by the neighbours

BENJAMIN ONG  |  MONDAY, 2 MAR 2015
... month. While Australia's core inflation remains decent at around 2.3%, the re-strengthening of the A$ -- and lower oil prices, and lower domestic demand, and ECB and BOJ QE's, and Fed and BOE on hold - would ultimately pressure it down. The RBA does ...

Market Wrap PM

AAP  |  THURSDAY, 19 FEB 2015
... from companies including Coles owner Wesfarmers and iiNet missed expectations, and the energy sector slumped on lower oil prices. Quay Equities head of trading Tristan K'Nell said investors appeared to be reacting to several days of mixed financial results. ...

Asia already benefiting from fall in oil prices

LAURA MILLAN  |  MONDAY, 2 FEB 2015
... started doing. In a report about the impact of oil prices on equities, BlackRock said that it doesn't believe "lower oil prices pose a fundamental threat to equities: energy accounts for a relatively small weight in most equity indices." However, lower ...