Plummeting Brent oil prices are putting pressure on North American shale, which has sunk hundreds of billions of dollars into investment, and could soon come crashing down. Tempted by big returns, shale companies have borrowed more than $200 billion in bonds and loans, from Wall Street and London, to cover development and projects that may not even come to fruition. Oil producers’ debt since 2010 has increased more than 55 percent, and revenues have slowed, rising only 36 percent from ...
The soy prices dipped to fresh low of 6.5 years on Monday and are edging up now amid the drought in India. Will the prices continue to correct upwards? The soy prices fell to the multiyear lows after the opposition leader Mauricio Macri won the presidential elections in Argentina. Previously he Technical Analysis #C-SOYB : 2015-11-26
The price of Brent oil has tumbled to $92.2 a barrel, placing the Russian federal budget in jeopardy. Russian analysts believe that the decrease in oil prices is related to demonstrations in Hong Kong, the strengthening of the dollar, as well as the drastic growth in oil production in the OPEC countries and the U.S.
Ending Yen flat For more than a month the Yen has been moving sideways. On the one hand investors feel the uncertainty due to the Asian economic slowdown and Chinese in particular. Such internal issues as faltering GDP growth at 1% a year and decreasing share of labour force persist in Japan. On Technical Analysis USDJPY : 2015-10-05