A slew of weak reports from Shell RDSa.L, Occidental OXY.N and ConocoPhillips COP.N have set the tone for what will probably be another session punctuated by lackluster buying interest in stocks and a predilection toward pushing fixed income yields lower even ahead of what is supposed to be a solid jobs report on Friday.
from The Great Debate:
Since the breakup of the Soviet Union, Russia has used natural gas as a weapon against Ukraine and Europe as a whole. Threatening to turn shut off the pipes as the weather turns cold is a pretty effective way to influence foreign policy.
from Expert Zone:
(Any opinions expressed here are those of the author and not of Thomson Reuters)
Markets across the world had one of their worst opening weeks ever on rising concerns of a global economic slowdown led by China and geopolitical concerns in the wake of North Korea’s nuclear test. In India, the Nifty index ended the week at 7,601, down 4.5 percent.