February 2016

Polish equity market plunged on Monday. The broad market measure, the WIG Index, declined by 0.74%. From a sector perspective, chemicals (-2.27%) fared the worst, while construction sector (+0.85%) was the best-performing group. The large-cap companie…

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Oil prices rose on news about the supply disruption in Nigeria due to a leak. The Baker Hughes data also supported oil prices. The oil driller Baker Hughes reported on Friday that the number of active U.S. rigs declined by 13 rigs to 400 last week. It …

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Major U.S. stock-indexes slightly rose on Monday as cautious investors assessed China’s move to boost its slowing economy and an increase in oil prices raised hopes that the market had bottomed out. China’s central bank on Monday cut its reserve requir…

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Gold price rose on the weak U.S. economic data. The Institute for Supply Management released its Chicago purchasing managers’ index on Monday. The Chicago purchasing managers’ index dropped to 47.6 in February from 55.6 in January, missing expectations…

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