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| Wall Street reacts to Cohn resignation: He served 'his country with class' The news of Cohn's resignation sent ripples through global financial markets. U.S. stock futures pointed to sharp losses, with Dow Jones industrial average futures sliding 300 points. The euro rose to $1.2412 against the dollar, its highest level since Feb. 19. Cohn was seen as a voice of reason in a ...
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| UPDATE 1-China FX reserves fall in February, first drop in 13 months "Our model suggests that the PBOC largely remained on the sidelines, with most of the decrease in the value of reserves due to exchange rate movements," Capital Economics' Senior China Economist Julian Evans-Pritchard wrote in a note, referring to whether the central bank intervened in markets last ...
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| Oil caught in broader market downdraught as concern grows over US trade Oil's correlation with the equity market has been positive, meaning the two tend to move in tandem, for at least a month, the longest such stretch in a year. "With the announcement that Cohn was resigning, the S&P futures market dropped and oil went with it," Petromatrix strategist Olivier Jakob said.
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| Financial market products & services update 07 March 2018, Sweetcrude, Lagos — The local and international financial market products and services update. NIGERIA: The Nigerian National Petroleum Corporation (NNPC) Tuesday said it recorded a total export receipt worth $476.25 million from its sale of crude oil for Nigeria in December 2017.
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| Andy Hoffman Crypto Audioblog - Cryptocurrency, Gold, and Financial Markets Andrew ("Andy") Hoffman owns a subscription-based website, CryptoGoldCentral.com, which offers readers Andy's daily thoughts on cryptocurrencies and precious metal markets. For a decade, he was a US-based buy-side and sell-side analyst, most notably as an II-ranked oil service analyst at ...
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