Oil up 11 percent soon after two-day rally trade volatile on stock builds
"I don't feel something's changed fundamentally, except for the psychology of the marketplace," said Chandravir Ahuja, an analyst at Kolmar Americas Inc in Bridgeport, Connecticut. "We're moving a lot much more on headlines that we almost certainly would on a normal day.".
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New Probe into China Margin Trading
China launched a new probe into margin trading and the news sent shares reduce in Hong Kong and Shanghai. The Chinese regulator will inspect the stock margin trading company of 46 firms, the official Xinhua news agency mentioned. The two largest …
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China's slowdown signifies vigilance is key for UK firms trading in far east
Last week, London-listed brewer SABMiller was the newest firm to bemoan “difficult trading conditions” in China. The firm behind Peroni and Grolsch mentioned poor summer time weather was to blame, but analysts also pointed to the financial slowdown, …
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