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International Markets

European stock markets, oil rally

Dec 18 2014 14:40

Europe's main stock markets have surged following rallies in Tokyo and on Wall Street as dealers welcomed the outcome of the US Federal Reserve policy meeting.


Gold rises 2% as Fed takes patient stance

Dec 18 2014 13:55

Gold has climbed more than 2% after the Federal Reserve announced it would take a patient approach towards raising interest rates.

GOLD Last updated: Return YTD 1202.586.49(0.54%)
OIL Last updated: Return YTD 61.801.97(3.29%)
PLATINUM Last updated: Return YTD 1205.505.00(0.42%)
SILVER Last updated: Return YTD 16.070.14(0.88%)

Impossible to reduce output - Saudis

Dec 18 2014 12:46

Saudi Arabia, the largest producer in the Opec oil cartel, cannot reduce its output despite plunging prices, a report says.


Brent oil rises above $62

Dec 18 2014 12:36

Brent crude has jumped 2% to above $62 a barrel, as some traders bet a six-month price rout could be ending as more energy firms cut investment budgets.


Oil up on stabilising rouble, US supply drop

Dec 18 2014 07:45

World oil prices have rallied somewhat after the rouble stabilised and the US reported lower crude inventories.


Oil falls below $59, but production continues

Dec 17 2014 16:09

Brent crude oil has fallen below $59 a barrel, near 5-1/2-year lows, as major oil producers signalled that they will maintain output despite a supply glut.

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