Tag Archives: Iran

Global Market Updates – Monday, 11 Nov 2019

The US-China trade war returned to centre stage last week as investors swayed between optimism and caution as mixed, but broadly positive reports turned the markets bullish. Reports earlier in the week suggested that China was demanding more concessions in rolling back existing tariffs as a condition for the first phase deal. There was more uncertainty as the US suggested midweek that a deal might be delayed until December but on Thursday markets turned positive again as China stated that the US had agreed to roll back existing tariffs as part of the first phase deal. As a result Crude Oil and stocks were boosted, while Gold decreased in value.

The General Election campaign officially began in the UK with investors keeping a close eye on opinion polls. The governing Conservatives have a firm 12% lead over the Labour party, although some opinion polls show that this lead is narrowing The election will take place on December 12th and investors will be hoping for a clear result which doesn’t prolong the uncertainty on Brexit.

The Middle East was another source of focus last week with both Iran and Iraq in the headlines and affecting Crude and Gold prices. While Iran continues its nuclear program in Iraq large numbers of protests continued with some blocking the key Nassiriya oil refinery and disrupting oil supplies.

Crude Prices were again pressured by poor inventories data this week, but finished higher over trade optimism.

Stock prices recorded all time highs again this week as trade sentiment supported the markets and better than expected US economic data, continued to calm fears of a US economic slowdown.

The prices of Natural Gas, Crude Oi, Palladium, Silver Platinum, and Gold saw the greatest volatility last week.

Natural Gas was the most volatile last week at 14.25%, and edged lower over the week by 0.64%, as the weather forecasts showed slightly milder weather was expected dampening prices somewhat.

Crude oil also experienced very high oscillations, showing volatility of 13.34%. The commodity’s price slipped slightly by 0.21% and prices were most volatile on Wednesday as fears over global demand continued amid nervousness over US – China first phase trade talks progress.

Palladium saw great volatility, recording 10.06% volatility but falling by 3.04% over the week with a strengthening dollar putting pressure on precious metals last week.

Silver was also highly volatile last week recording volatility of 12.68% and fell lower by 6.31%. Silver saw greatest volatility on Tuesday.

Platinum prices oscillated this week recording 11.46% volatility and declined by 3.04% over the week. The precious metal experienced most volatility on Thursday.

Gold prices continued oscillating by 6.68% last week and traded downwards by 3.51% over the week with the precious metal seeing most volatility on Thursday, in a volatile week that saw trade optimism turn slightly sour at the very end of the week.


  • Ethiopia gunmen kill five foreign tourists in Afar – BBC News
    BBC NewsEthiopia gunmen kill five foreign tourists in AfarBBC NewsFive foreign tourists have been killed in Ethiopia in an attack by unknown gunmen in the northern Afar region, the government says. German, Belgian, Italian and Hungarian nationals were among them, government official Bereket Simon said. …Five nationalities victims in Ethiopia attacksTelegra […]
  • Police say dog walkers found human head in plastic bag on trail below LA’s … – Washington Post
    Telegraph.co.ukPolice say dog walkers found human head in plastic bag on trail below LA’s …Washington PostLOS ANGELES — Detectives are expected to resume searching an area of Los Angeles where two dogs found a human head in a plastic bag. Police say two dog walkers with about nine dogs came across the bag on a popular trail below the Hollywood sign in […]
  • Search suspended after stricken Italian cruise ship moves – CNN
    Telegraph.co.ukSearch suspended after stricken Italian cruise ship movesCNNBy the CNN Wire Staff The Italian Coast Guard has released photos of the rescue effort at the cruise ship Costa Concordia near Giglio Island, Italy. Giglio, Italy (CNN) — With bitterly cold temperatures and frigid waters, the chances of finding more …Cruise ship shifts, search halt […]
  • Russia Says Foreign Troops Will Not Deploy in Syria – Voice of America
    The Daily StarRussia Says Foreign Troops Will Not Deploy in SyriaVoice of AmericaJanuary 18, 2012 Russia Says Foreign Troops Will Not Deploy in Syria VOA News Syrian ally Russia says it will not allow the deployment of foreign troops in Syria, as the UN Security Council debates how to stop the bloodshed of the 10-month uprising …Russia: Western sanctions a […] Continue reading


  • Myanmar Frees Prominent Political Prisoners – Wall Street Journal
    Wall Street JournalMyanmar Frees Prominent Political PrisonersWall Street JournalBy PATRICK BARTA Myanmar began freeing prominent political prisoners Friday in the latest reform that the government is taking in an apparent effort to get out from under the weight of Western economic sanctions. Political detainees set free in the …Burma prisoner release begi […]
  • Obama seeks to raise US debt limit by $1.2 trillion – Telegraph.co.uk
    Telegraph.co.ukObama seeks to raise US debt limit by $1.2 trillionTelegraph.co.ukPresident Barack Obama has formally notified Congress that he plans a $1.2 trillion (£780m) increase in the US debt limit, prompting Republicans to level election-year charges that deficits are out of control. Barack Obama’s proposed increase would …Obama Starts Clock for […]
  • Video Inflames a Delicate Moment for US in Afghanistan – New York Times
    New York TimesVideo Inflames a Delicate Moment for US in AfghanistanNew York TimesKABUL, Afghanistan — A video showing four United States Marines urinating on three dead Taliban fighters provoked anger and condemnation on Thursday in Afghanistan and around the world, raising fears in Washington that the images could incite …US Marines identify Afghanistan […]
  • Official: North Korea test-fired short-range missiles – Fox News
    Fox NewsOfficial: North Korea test-fired short-range missilesFox News| AP AP Photo/KRT via APTN In this undated image made from KRT video, North Korea’s new young leader Kim Jong Un, third from right, watches jet fighters with North Korean officials at an undisclosed place in North Korea. SEOUL, South Korea – North …Kim Jong Il isn’t going anywhe […]
  • Republicans rally around Romney after hits on Bain – Boston.com
    Boston.comRepublicans rally around Romney after hits on BainBoston.comRepublican presidential candidate Mitt Romney meets supporters at Cherokee Trike and More in Greer, SC, Thursday, Jan. 12, 2012. (AP Photo/Spartanburg Herald-Journal, Michael Justus) By Thomas Beaumont and Kasie Hunt Associated Press / January 13, …Haley’s Picking Romney Shocks Tea […]
  • Missing teenager Natalee Holloway declared dead – Boston.com
    Boston.comMissing teenager Natalee Holloway declared dead. Beth Holloway is pursued by reporters following a hearing in Birmingham, Ala.,Thursday, Jan. 12, 2012. An Alabama probate judge disclosed at the hearing that he will sign an order declaring Natalee Holloway dead, more than six years after the teenager …Judge declares Alabama teen missing si […]
  • APNewsBreak: UN visit to Tehran set for Jan 28 – Boston.com
    Boston.comAPNewsBreak: UN visit to Tehran set for Jan 28Boston.comFILE – In this April 8, 2008 file photo provided by the Iranian President’s Office, Iranian President Mahmoud Ahmadinejad, center, visits the Natanz Uranium Enrichment Facility some 200 miles (322 kilometers) south of the capital Tehran. …A cease-and-desist policy, for nowHaaretzIran to […]
  • Chicago shivers as first major snowstorm of 2012 hits Midwest – Fox News
    Bloomberg: Chicago shivers as first major snowstorm of 2012 hits MidwestFox NewsCHICAGO – Chicago was bracing itself for up to eight inches of snow overnight as the first major snowstorm of the season brought treacherous conditions and the usual frustrations for travelers Thursday. As of 8:30pm local time about 560 flights at …When snow moves out, deep cold […]
  • Taiwan’s expats seen as key in presidential poll – CNN International
    BBC NewsTaiwan’s expats seen as key in presidential pollCNN InternationalBy Peter Shadbolt, CNN (CNN) — As many as 200000 people — most of them mainland China-based Taiwanese – are expected to return to Taiwan this weekend for an election viewed as critical to the future of an economy that has boomed thanks to warmer ties …China Deals Up for Judgmen […]
  • Judge advises court-martial for Wikileaks suspect – San Francisco Chronicle
    BBC NewsJudge advises court-martial for Wikileaks suspectSan Francisco ChroniclePatrick Semansky / AP In this photo taken Dec. 22, 2011, Army Pfc. Bradley Manning is escorted from a courthouse in Fort Meade, Md. An Army officer is recommending a general court-martial for Manning, a low-ranking intelligence analyst charged in the …Army Officer Recommends Tr […]


  • Iran says bomb kills nuclear scientist, blames Israel – Reuters
    Globe and MailIran says bomb kills nuclear scientist, blames IsraelReuters* Iran says nuclear scientist killed in car bombing * Officials in Iran blame killing on Israel * US Treasury Secretary appeals to China over Iran (Adds official comment, detail) By Ramin Mostafavi TEHRAN, Jan 11 (Reuters) – Iran said one of its …Blaming US and Israel, Iran Reports K […]
  • Banning Islamic law is unconstitutional, says US court – The National
    USA TODAYBanning Islamic law is unconstitutional, says US courtThe NationalAP OKLAHOMA CITY // A proposed constitutional amendment that would ban Oklahoma courts from considering international or Islamic law discriminates against religions, and a Muslim community leader has the right to challenge its constitutionality, …Oklahoma’s ban on Islamic law b […]
  • Scottish independence referendum: why autumn 2014? – The Guardian
    The GuardianScottish independence referendum: why autumn 2014?The GuardianSo Alex Salmond has named the day he wants to see Scotland vote for divorce; well, if not the day, then the season. The referendum on Scottish independence will be staged in autumn 2014, he suddenly declared on Tuesday night. …Scots leader: Scotland, not Britain, has right to decide […]
  • Ex-Arab League monitor labels Syria mission ‘a farce’ – BBC News
    BBC NewsEx-Arab League monitor labels Syria mission ‘a farce’BBC NewsA former member of the Arab League’s observer mission to Syria has called it a “farce” and described the situation there as a humanitarian disaster. Anwar Malek told al-Jazeera TV that he had resigned because of what he had witnessed in Syria, …Syria’s Assad […]
  • Romney secures front-runner status with New Hampshire win, looks to take … – Fox News
    Fox NewsRomney secures front-runner status with New Hampshire win, looks to take …Fox NewsAP Jan. 10, 2012: Mitt Romney greets supporters at his New Hampshire primary night victory party at Southern New Hampshire University in Manchester, NH Mitt Romney stormed out of New Hampshire Wednesday with a historic achievement under his belt, …Romney Broadens Co […]
  • North Korea Accuses US of Politicizing Food Aid – Wall Street Journal
    The GuardianNorth Korea Accuses US of Politicizing Food AidWall Street JournalBy EVAN RAMSTAD SEOUL—North Korea, in its first statement directed at the United States under new dictator Kim Jong Eun, pressed for more food assistance than the US has apparently offered, and accused Washington of politicizing their negotiations that …NKorea Keeps Door Open for […]
  • Natalie Wood investigation reveals no new evidence – The Guardian
    The GuardianNatalie Wood investigation reveals no new evidenceThe GuardianDetectives investigating the reopened case of Natalie Wood, the Hollywood icon who drowned off the coast of California more than 30 years ago, have failed to uncover any new evidence suggesting foul play was involved, according to US reports. …Natalie Wood probe yields no new finding […]
  • Natalee Holloway suspect Joran van der Sloot’s murder trial restarts in Peru – msnbc.com
    msnbc.comNatalee Holloway suspect Joran van der Sloot’s murder trial restarts in Perumsnbc.comJoran van der Sloot said on Friday he would “sincerely confess” to killing killing 21-year-old Stephany Flores in his Lima hotel room in 2010 in a plea strategy aimed at reducing his eventual prison sentence. LIMA — Joran van der Sloot’s trial in […]
  • How vulnerable is Republican frontrunner Romney on jobless issue? – CNN
    BBC NewsHow vulnerable is Republican frontrunner Romney on jobless issue?CNNBy Jonathan Mann, CNN (CNN) — Republican presidential candidate Mitt Romney had a win to savor and a wound to salve this week, after a crucial victory and a cringe-inducing gaffe. “Romney may have won New Hampshire but the premise of his candidacy …Before Handing Romney a Vic […]
  • Michelle Obama and the Evolution of a First Lady – New York Times
    New York TimesMichelle Obama and the Evolution of a First LadyNew York TimesMichelle Obama was privately fuming, not only at the president’s team, but also at her husband. In the days after the Democrats lost Edward Kennedy’s Senate seat in January 2010, Barack Obama was even-keeled as usual in meetings, refusing to dwell on …8 Surprises in Jodi […]