Tag Archives: Brent Crude

US – Canada Jobs report, USD/CAD, US Budget Surplus; Market update 17th Jan 2014

By Musabbir Mazhar The US Jobs number came out last Friday (10th Jan) at 74,000 job additions for December which has been taken by the markets as a shocker and the US 10 year treasury yields went down on the news. But more sense should be put into this- Workers weren’t looking for work for […]

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Looking at Oil prices at end of year

By Musabbir Mazhar WTI Crude fell down about 1% on Tuesday morning to $98.27 per barrel for February delivery – oil finished the day at 98.42 on the New York Mercantile Exchange (NYMEX) – the largest commodity futures exchange. WTI is up 7% in 2013 – it crossed $100 per barrel on December 27th last […]

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Market Update, Wednesday, November 20, 2013

By Musabbir Mazhar European Central Bank (ECB) policymakers might take the deposit rate to -0.1% for lenders who deposit excess cash at ECB. The current deposit rate is zero. These policy talks are essentially to take guard against deflation. Jens Weidmann, the German Central Bank president will certainly oppose this policy as he does not […]

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Market Update Tuesday, 19th November, 2013

By Musabbir Mazhar The S&P/TSX composite index closed down 15.29 points to 13,422.77. This was after the billionaire investor Carl Icahn commented on Monday afternoon questioning about the recent rally of the equities market to record highs as a result of low interest rates rather than good management. The Canadian Dollar receded 0.4 cents to […]

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