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Is It Time To Get Back In Oil Stocks?
Article By:
Sheraz Mian
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Saturday, November 18, 2017 8:43 AM EDT
Energy stocks have turned around lately, but they have been big-time laggards this year. The sector's travails didn't start this year; it has been struggling since about mid-2014 when oil prices turned south and didn't settle down till early 2016.
The Aramco Money Machine: Where Will It Go?
Article By:
WisdomTree
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Friday, November 17, 2017 10:00 AM EDT
Forget the buzz around Saudi Aramco’s initial public offering (IPO), which looks set for 2018. Saudi Crown Prince Mohammad bin Salman (aka MBS) has been on a PR campaign to plant the seeds of a $2 trillion valuation.
Venezuela, PDVSA CDS Triggered: ISDA Says Credit Event Has Occurred
Article By:
Tyler Durden
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Thursday, November 16, 2017 9:45 PM EDT
The ISDA Determination Committee decided, after punting for three days in a row, that a Failure to Pay Credit Event has occurred with respect to both the Bolivarian Republic of Venezuela as well as Petroleos de Venezuela, S.A.
Nigeria's Inflation Declines For Nine Consecutive Months
Article By:
Samed Olukoya
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Thursday, November 16, 2017 12:45 AM EDT
The continuous effort of Nigeria's Federal Government to rein in consumer prices has started yielding results.
In this article: AFK
Foreigners Splurge On US Stocks: Buy Second-Most US Equities In 8 Years
Article By:
Tyler Durden
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Wednesday, November 15, 2017 7:30 PM EDT
Of the $61 billion in net long-term securities purchased by foreigners in September, almost half - or $26 billion - was equities.
Bitcoin Price Soars To $13,000 In Desperate Zimbabwe
Article By:
Tyler Durden
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Wednesday, November 15, 2017 3:22 PM EDT
Bitcoin is trading at over $13,000 on Zimbabwe exchange Golix - a premium of over 80% over the USD exchange price as demand surged.
In this article: BITCOMP
Arrests In Saudi Arabia Are A Triple-Digit Opportunity
Article By:
Michael Carr
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Wednesday, November 15, 2017 12:21 PM EDT
In the past few weeks, the Saudi government arrested dozens of princes and key officials. Arrestees include some of the country’s richest citizens.
Mideast Turmoil: Follow The Oil, Follow The Money
Article By:
Charles Hugh Smith
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Tuesday, November 14, 2017 4:32 AM EDT
While there are numerous dynamics at work in the turmoil roiling Saudi Arabia and by extension, the Mideast, one way to cut to the chase is to follow the oil, follow the money.
Back From The Brink
Article By:
Phil Flynn
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Monday, November 13, 2017 8:27 AM EDT
From a crude oil trading standpoint, the refusal of the market to break after an extended run and a weekend where there were no escalation in the conflict in the proxy war by Iran and Saudi Arabia is bullish.
Emerging Markets: Week Ahead Preview - Monday, Nov. 13
Article By:
Marc Chandler
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Monday, November 13, 2017 4:06 AM EDT
China will likely report October money and loan data this week. October retail sales and IP will be reported Tuesday. The former is expected to rise 10.5% y/y and the latter by 6.2% y/y.
The Saudi Solution
Article By:
Phil Flynn
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Friday, November 10, 2017 9:33 AM EDT
Oil and product demand is soaring. Oil products like gas and diesel are tightening and we are in a major tightening cycle. Depending on the news flow many may not want to be short over the weekend.
Bitcoin Price Doubles In Troubled Zimbabwe
Article By:
Tyler Durden
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Friday, November 10, 2017 3:15 AM EDT
Bitcoin was already trading at a highly inflated rate in the troubled African country as its demand skyrocketed. However, the inflation has hit almost 100 percent and now Bitcoin trades about $13,000 per coin.
In this article: BITCOMP