U.S. Federal reserve

U.S. Data Ruins New Year Eve’s Rally

January may not be positive if U.S. data further slips BY NOURELDEEN AL HAMMOURY Despite a positive rally for Crude Oil in the final hours of the last trading session in 2015, where WTI Crude closed higher with a 1.20 percent gain and Brent added a little over 2.25 percent in gains, U.S. and global

[ Read More ]

Global Economy: A Not-Entirely-Dead Week

By Jeremy Gaunt LONDON, Dec 6  – The calm before the storm? Here comes the “dead week” before the U.S. Federal Reserve raises interest rates for the first time since June 2006 – nine and a half years ago. It will be a week of last-minute positioning by financial markets before the expected hike on Dec. 16

[ Read More ]