Sunday , 8 February 2026

Recent Posts

Exxon Mobil heads for worst annual performance since 1981

Bloomberg Things haven’t been this bad for the world’s biggest oil stock since Ronald Reagan became president. But brace yourself, 2019 may not be much better. Exxon Mobil Corp, down 22 percent for the year 2018, is headed for worst annual performance since 1981, when US was in recession and a 20-year crude glut was just beginning. The decline comes …

Read More »

US stocks pare December slide; dollar edges lower

Bloomberg US stocks rose, paring a December slump that is among the worst in history, after President Donald Trump reported “big progress” in trade talks with his Chinese counterpart. Treasuries slipped and oil erased gains. The S&P 500 trimmed its monthly loss to 9 percent, the steepest of the record bull market, as Trump said in a tweet that negotiations …

Read More »

Yen, strongest major currency of 2018

Bloomberg The yen is set to end the year as the biggest winner against the dollar among major currencies as investors sought out safety amid 2018’s uncertainties. The haven asset outperformed as the pound and euro faced headwinds from Brexit and Italy’s budget crisis, while the US-China trade war and plunging oil prices pressured commodity-related peers such as the Canadian …

Read More »