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U.S. oil exports boom, putting infrastructure to the test

NEW YORK/HOUSTON (Reuters) - Tankers carrying record levels of crude are leaving in droves from Texas and Louisiana ports, and more growth in the fledgling U.S. oil export market may before long test the limits of infrastructure like pipelines, dock space and ship traffic.   U.S. crude exports have boomed since the decades-old ban [...]

By |2017-10-30T13:42:58+00:00October 30th, 2017|Financial Market News & Analysis|0 Comments

EU ‘steps up’ Brexit talks with Labour amid ‘plot’ to oust Theresa May

There has reportedly been a "change in tone" in talks between Brussels and Labour as the PM struggles to retain her authority.   EU negotiators have reportedly stepped up backroom Brexit talks with Labour amid concerns over Theresa May's future. The Prime Minister has faced repeated calls to resign since losing the Conservative majority [...]

By |2017-10-08T11:02:38+01:00October 8th, 2017|Financial Market News & Analysis|0 Comments

Traders rediscover their taste for sterling, CFTC data shows

The pound’s recent pull-back could make it more attractive.   The British pound may have started October on the lower side, but traders seem to have had a change of heart lately when it comes to the British currency, data from the Commodity Futures Trading Commission showed. On Sept. 26, net futures trader positions [...]

By |2017-10-03T09:24:14+01:00October 3rd, 2017|Financial Market News & Analysis|0 Comments

Germany votes as history beckons for Merkel and far-right

Germans warned against apathy as Merkel heads for fourth term   BERLIN (Reuters) - Germans were urged to vote in a national election on Sunday in which a seemingly assured fourth term for Chancellor Angela Merkel risks being overshadowed by a far-right party entering parliament in more than half a century. After shock election [...]

By |2017-09-24T11:00:44+01:00September 24th, 2017|Financial Market News & Analysis|0 Comments

Eurozone upturn regains momentum in September

Key findings: Flash Eurozone PMI Composite Output Index(1) at 56.7 (55.7 in August). 4-month high. Flash Eurozone Services PMI Activity Index(2)at 55.6 (54.7 in August). 4-month high. Flash Eurozone Manufacturing PMI Output Index(4) at 59.5 (58.3 in August). 77-month high. Flash Eurozone Manufacturing PMI (3) at 58.2(57.4 in August). 79-month high. The eurozone economy [...]

By |2017-09-22T10:57:52+01:00September 22nd, 2017|Financial Market News & Analysis|0 Comments

Global debt may be understated by $13 trillion

LONDON (Reuters) - Global debt may be under-reported by around $13 trillion because traditional accounting practices exclude foreign exchange derivatives used to hedge international trade and foreign currency bonds, the BIS said on Sunday.   Bank for International Settlements researchers said it was hard to assess the risk this “missing” debt poses, but that [...]

By |2017-09-18T12:09:01+01:00September 18th, 2017|Financial Market News & Analysis|0 Comments

Worldwide PMI surveys indicate fastest economic growth for over two years

Global economic growth rose to its highest for over two years in August, according to the latest PMI data...   ...with even more marked improvements seen in order book and employment trends. Rising inflationary pressures – the highest for over six years – accompanied the upturn, as growth gathered pace in both the developed [...]

By |2017-09-07T12:02:16+01:00September 7th, 2017|Financial Market News & Analysis|0 Comments
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