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Press Releases

GLOBAL MARKETS-Treasury yields rise on spending data, dollar gains

NEW YORK, May 31- U.S. government bond prices fell on Tuesday on upbeat consumer spending data that support the view of a possible U.S. rate increase, while the dollar edged up near a two-month peak against a basket of currencies. "Chances are the Fed will go in the coming months if the economy holds up," said Ellis Phifer, senior market strategist at Raymond James in...

Source: Reuters

Independence Contract Drilling, Inc. to Participate in the 2016 RBC Capital Markets Energy and Power Executive Conference

HOUSTON, May 31, 2016/ PRNewswire/-- Independence Contract Drilling, Inc. today announced that Byron A. Dunn, Chief Executive Officer, will present and meet with investors at the RBC Capital Markets Energy and Power Executive Conference in New York, New York on Monday, June 6, 2016. About Independence Contract Drilling, Inc.. Independence Contract Drilling...

Source: PR Newswire

Europe ends lower as banks weigh; investors look to ECB, OPEC

European markets finished in the red on Tuesday as investors pondered key risk events this week including European Central Bank and OPEC meetings.


United States Artificial Intelligence Market Forecast & Opportunities, 2011-2021: TechSci Research Report

NEW YORK, May 31, 2016/ PRNewswire/--. Artificial Intelligence refers to the study and integration of intelligent systems which are capable of accomplishing the tasks which employ human intelligence such as visual perception, speech recognition, and decision-making. The United States artificial intelligence market was in an embryonic phase in 2015.

Source: PR Newswire

‘Sizable’ stock market selloff may lie ahead, warns oil bear

The investor who predicts oil may plummet to $10 per barrel within a decade is now warning of a possible "sizable selloff in markets" this summer.


Fitch: IMF Loan Ups Suriname Liquidity, Fiscal Challenges Remain

NEW YORK---- The IMF's two-year stand-by arrangement with Suriname will help improve the sovereign's external liquidity and stabilize its exchange rate in the short run by providing an up to USD478 million liquidity credit line to the central bank. Strengthening fiscal policy and reducing external vulnerabilities are key to improving Suriname's...

Source: Business Wire

UPDATE 4-Oil up as U.S. summer draws beckon; set for 4th month of gains

NEW YORK, May 31- Oil prices rose on Tuesday, heading for the four straight monthly gain, with investors betting on higher U.S. fuel demand as peak driving season arrived in the No. 1 oil consumer. Data from market intelligence firm Genscape showed a drawdown of 686,700 barrels at the Cushing, Oklahoma delivery point for U.S. crude futures in the week to May 27, traders...

Source: Reuters

EMERGING MARKETS-Colombia peso weakens after cenbank back off intervention

SAO PAULO, May 31- The Colombian peso weakened on Tuesday after the country's central bank announced it would suspend an intervention policy aimed at slowing the currency's decline. "This announcement eliminates a source of risk when taking on USD/COP positions and should therefore expedite the COP depreciation path," Nomura Securities strategist Mario...

Source: Reuters

Spectra Energy Partners' Bill Yardley to Speak at 2016 MLPA Investor Conference

HOUSTON, May 31, 2016/ PRNewswire/-- Spectra Energy Partners' Bill Yardley will speak at the Master Limited Partnership Association 2016 Investor Conference on Thursday, June 2, 2016. Transmission and Storage for Spectra Energy Corp, the general partner of Spectra Energy Partners. Spectra Energy Partners, LP is a Houston- based master limited partnership, formed...

Source: PR Newswire

UPDATE 2-Philippines president-elect says won't rely on United States

DAVAO CITY, Philippines, May 31- Philippines President-elect Rodrigo Duterte said on Tuesday his country would not rely on long-term security ally the United States, signalling greater independence from Washington in dealing with China and the disputed South China Sea. The Philippines has traditionally been one of Washington's staunchest supporters in...

Source: Reuters