In the jungle of oil companies, it is hard to find a favourite as the companies look very similar to each other. Their share prices tend to move in tandem as well, as can be seen in chart 1 where Exxon is plotted against its peers, BP, Chevron, Total, ENI, Statoil, Conoco Philips and Shell. […]
Tag Archives: Foreign Exchange Reserves
The link between the cheapest oil companies and their reserves
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Also tagged BP, Chevron, Conoco Philips, ENI, Exxon, Gulf of Mexico, Norweigian Continental Shelf, oil companies, reserves, Shell, Statoil, Total, tradingfloor
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Disenchanted with the US dollar – BCA Research
“The US dollar is unlikely to be dislodged as the dominant reserve currency any time soon. “There are legitimate reasons for the Chinese to be worried about their dollar holdings: China’s foreign exchange reserves total $2 trillion, or 48% of GDP. The Chinese authorities are growing increasingly disenchanted with their exposure to the US dollar, […]
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Also tagged bca, bca research, Fed Policy, G20, International Business, International Monetary System, Reserve Currency, Trillion, Us Dollar
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Will China’s Stock Market Rebound Before the S&P?
By John Curran Investor wisdom says that when tough times hit it’s far better to be in developed stock markets like America’s than in emerging markets. But is that still true? The S&P 500 index, a popular proxy for American stocks, is down 47% from its peak, while Hong Kong’s Hang Seng index is down […]
Posted in Market Reports
Also tagged American Stocks, Bank America Securities, Bear Markets, Emerging Markets, Global Financial Crisis, Global Survey, Hang Seng Index, Investing in China, Investment Fund Managers, John Curran, Market Rebound, Merrill Lynch, Michael Hartnett, Professional Investors, Stock Markets, Troubled Times
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Jim Rogers advises Gulf states to get rid of dollar peg
“The Gulf countries’ currency peg to the dollar is a ‘terrible mistake’ and will cause problems for the region as the US currency is expected to decline, Jim Rogers said. “The six Gulf Cooperation Council states should form a joint currency as soon as possible, the chairman of Singapore-based Rogers Holdings said at a conference […]
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Also tagged Bailout, Banking Conference, Business Intelligence, Council States, Currency Peg, Economic Stimulus, Gulf Arab Leaders, Gulf Arab State, Gulf Cooperation Council, Gulf Countries, Gulf States, Jim Rogers, Monetary Union, Regional Trade, Single Currency, Source Business, United Arab Emirates, Us Currency
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