CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Crude oil prices were under pressure; traders are eying tomorrow's Department of Energy report; natural gas got a small bump up, closing at $4.74, and traders are looking for a catalyst to get back on the long side...
Frederic Neumann, co-head of Asian economics research at HSBC, says that the selling in Indonesia is in part due to a spill-over from India and that the situation is not as dire as the market suggests.
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The Chinese currency weakened sharply in the offshore market on Wednesday as companies continued to unwind their long yuan positions even as interbank liquidity showed marked signs of deterioration.**
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An almost across-the-board flight from risk assets continued on Friday, as European shares flirted with 2-year lows. But with technical analysts saying that stocks might be oversold and continued concerns over the security of sovereign debt, some analysts say that now might be the time to buy...
A 15-day short selling ban , which will be implemented on Friday morning across several European countries, has attracted opprobrium from market participants, who see the restrictions as a superficial move that will do little to solve the underlying problems of the euro zone and stop**market...
A European market regulator is considering recommending a temporary ban on negative bets against stocks, in an effort to stop the tailspin in the markets, sources told the New York Times.
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