Dollar Rises to 2-Year High Versus Euro on Greece; Ringgit Drops

Businessweek - 4 hours ago

The dollar rose to a two-year high against the euro amid concern early elections in Greece risk severing the country's bailout agreement.

 

Merry Christmas & Happy New Year!

 

Russia in offer to help firms with foreign debts

Washington Post - 7 hours ago

MOSCOW - With inflation showing clear signs of picking up, Russia's central bank said Wednesday it will look to help companies with their foreign debts - a move it hopes will ease the pressure on the national currency.

KEG: reached 2.14 & closed@ 2.03(+16.6%) today, up +92.8% since called last Wednesday:

• On Wed, Dec 17, 2014 at 10:01 AM, Bluelight...  wrote:

Put KEG from 1.11 to our oil list ...

Ruble Remains Volatile as Russia Pledges to Sell Foreign Currency

New York Times - 3 hours ago

Photo. Outside a currency exchange office in Moscow on Wednesday. Credit Maxim Zmeyev/Reuters. LONDON - Trading in the Russian ruble was volatile early Wednesday morning, rallying briefly on news that the Finance Ministry was ready to sell some of ...

Homebuilder Sentiment Lower in December   Fox Business

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  Record Oil Tankers Sailing to China Amid Stockpiling Signs

  The number of supertankers sailing to China jumped to a record in ship-tracking data amid signs that the oil-price crash is spurring the Asian nation to stockpile. 

US crude below $60, first time in 5 years, on oversupply fears

Economic Times - 5 hours ago

US crude futures fell below $60 a barrel on Thursday, the first time in five years that it breached the psychologically-important support, as oil markets extended this week's losses on oversupply concerns.

US stocks open lower, trailing global markets down

Charlotte Observer - 3 hours ago

European markets were sliding Tuesday, led by a plunge in Greece on concerns that a political crisis there might jeopardize the country's finances.

Crude Oil Plummets Over 4% On Mounting Supply Glut Worries RTT News

Commodities Today: 'Big Oil' Lower, MLPs In Focus Seeking Alpha

Draghi Says ECB Will Reassess Stimulus Measures Next Year

Bloomberg - 26 minutes ago

European Central Bank policy makers will gauge the need for further stimulus at the beginning of 2015, President Mario Draghi said as he unveiled “substantially” lower forecasts for inflation and growth.

Falling oil prices sparked a decline of almost 40% in new oil and gas well permits issued across the U.S. in November, with only 4,520 new well permits approved last month, down from 7,227 in October. New permits, which outline what drilling rigs will be doing 60-90 days in the future, showed heavy declines for the first time this year across the top three U.S. onshore fields: the Permian Basin, Eagle Ford and Bakken shale.

Fed rate hikes to depend on markets, not just economy: Dudley

Reuters - an hour ago

William Dudley, President of the New York Federal Reserve Bank, speaks at Brooklyn College in the Brooklyn borough of New York, March 7, 2014.