from Breakingviews:

Rouble free fall throws Russia into ugly spiral

December 16, 2014

The Central Bank of Russia was successful for about two hours. Its overnight decision to hike the main interest rate from 10.5 percent to 17 percent initially shocked markets enough to arrest the rouble’s fall after the currency sank almost 12 percent on Dec. 15. But the Russian currency quickly resumed its slide, smashing record lows – as if the central bank hadn’t moved at all. That leaves policymakers with few sensible short-term options. Further out, only an end to the Ukrainian stand-off and related Western sanctions or sharply higher oil prices could soothe markets. Neither is likely to happen soon.

from The Great Debate:

Will cheap gas last? The answer and nine other predictions for 2015

By John Lloyd
December 11, 2014

A customer fills up his tank in a gasoline station in Nice

It’s something of a tradition in journalism to gaze into the crystal ball and give readers a view of what we believe will come with the New Year. Below are my 10 predictions for 2015.

from Anatole Kaletsky:

Here’s why oil companies should be a lot more profitable than they are

By Anatole Kaletsky
December 5, 2014

Shaybah oilfield complex is seen at night in the Rub' al-Khali desert, Saudi Arabia

The 40 percent plunge in oil prices since July, when Brent crude peaked at $115 a barrel, is almost certainly good news for the world economy; but it is surely a crippling blow for oil producers. Oil prices below $70 certainly spell trouble for U.S. and Canadian shale and tar-sand producers and also for oil-exporting countries such as Venezuela, Nigeria, Mexico and Russia that depend on inflated oil revenues to finance government spending or pay foreign debts. On the other hand, the implications of lower oil prices for the biggest U.S. and European oil companies are more ambiguous and could even be positive.

from Breakingviews:

Sinking rouble puts debt squeeze on Russia Inc

December 3, 2014

By Pierre Briançon

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

from Anatole Kaletsky:

Why markets ignore good news from U.S. to focus on bad news from Europe

By Anatole Kaletsky
October 16, 2014

A trader watches the screen at his terminal on the floor of the New York Stock Exchange in New York

What’s spooking the markets?

One thing we can say for sure is that it is not the slightly weaker-than-expected retail sales that triggered the mayhem on Wall Street on Wednesday morning. Most U.S. economic data have actually been quite strong in the month since Wall Street peaked on Sept. 19.

from Expert Zone:

The benefits of falling oil prices for India

By Mukesh Agarwal
September 25, 2014

(Any opinions expressed here are those of the author and not necessarily those of Thomson Reuters)

from Breakingviews:

New oil dynamics may challenge crude growth logic

April 19, 2013

By Christopher Swann and Kevin Allison 

The authors are Reuters Breakingviews columnists. The opinions expressed are their own.

from Global Investing:

Is the rouble overhyped?

October 4, 2012

For many months now the Russian rouble has been everyone's favourite currency. Thanks to all the interest it rose 4 percent against the dollar during the July-September quarter. How long can the love affair last?

from Breakingviews:

Saudi’s foreign aid bill piles up

May 28, 2012

By Una Galani

The author is a Reuters Breakingviews columnist. The opinions expressed are her own.

from Breakingviews:

Euro zone powerless to avoid big oil divide

April 11, 2012

By Kevin Allison and Christopher Swann

The authors are Reuters Breakingviews columnists. The opinions expressed are their own.