• Better Data, Higher Inflation Expectations Lifting Yields and Euro in Short-term

    Rising inflation expectations and surprisingly positive economic data from the Euro-Zone may be behind the recent rise in core yields.
  • KKR-backed energy group mounts raid on UK fracking firm's assets

    KKR-backed energy group mounts raid on UK fracking firm's assets
    An oil and gas group backed by the powerful Wall Street investor Kohlberg Kravis Roberts (KKR) is mounting an aggressive raid on assets owned by one of Britain’s leading fracking companies.
    Sky News has learnt that Trans European Oil & Gas (TEOG) is pressing IGas Energy (LSE: IGAS.L – news) to divest its conventional resources arm, which comprises producing assets in the east Midlands and the Weald Basin in the south of England.
    IGas, which trades under names including Dart Ener
  • MIDEAST STOCKS-Banks boost Saudi for eighth straight day

    MIDEAST STOCKS-Banks boost Saudi for eighth straight day
    * Saudi bond issue eases investor jitters
    * Banks continue to lead market higher, NCB leaps
    * Petrochemicals underperform market after oil pulls back
    * Qatar’s GISS, Qatari Investors Group plunge
    * Dubai’s GFH and Arabtec surge, others barely move
    By Andrew Torchia
    DUBAI, Oct 30 (Reuters) – Strong banking shares boosted Saudi Arabia’s stock market for an eighth straight day on Sunday but the rest of the region was sluggish in response to soft oil prices and global bourse
  • MIDEAST STOCKS-Gulf markets may consolidate; lack of positive factors

    MIDEAST STOCKS-Gulf markets may consolidate; lack of positive factors
    DUBAI, Oct 30 (Reuters) - Gulf stock markets may consolidate on Sunday because of a lack of fresh positive factors and a weak global environment. Brent crude oil futures fell 1.5 percent on Friday to below $50 a barrel, while Wall Street closed slightly lower, and Latin American emerging markets ended substantially lower, on news that the FBI would review more emails related to Democratic presidential candidate Hillary Clinton's private email use - a possible boost to Donald Trump. ...
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