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Archive for the ‘European Union’ Category

Morning Energy Blog – July 5, 2016

Equities and the economy On Friday U.S. stocks booked a 4th consecutive gain with the Dow adding 19 points to 17,949, the S&P 500 gaining 4 to 2,103 and the Nasdaq rising 20 points to 4,863.  The Dow came within a whisker of its pre-Brexit close of 18,011 before retreating in the afternoon.  The S&P […]

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Morning Energy Blog – June 28, 2016

Equities and the economy Investors had the weekend to think about Brexit, and their opinion didn’t change from Friday. They don’t like it. Not at all. Yesterday the Dow closed down 261 points, 1.50%, finishing at 17,140, and that was after an intraday rally from 77 points lower. The S&P 500 lost 37 points, 1.81%, […]

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Morning Energy Blog – June 21, 2016

Equities and the economy Last week and yesterday remind me of the memorable 1984 movie Karate Kid where Kesuke Miyagi teaches Daniel LaRusso karate with the training beginning with menial chores including waxing Miyagi’s car stating “Wax on. Wax off.” Well lately it’s been “Risk-off. Risk-on” in the global equity markets. Whereas last week it […]

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Nations Approve Landmark Climate Accord in Paris

LE BOURGET, France — With the sudden bang of a gavel Saturday night, representatives of 195 nations reached a landmark accord that will, for the first time, commit nearly every country to lowering planet-warming greenhouse gas emissions to help stave off the most drastic effects of climate change. The deal, which was met with an […]

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Europe Launches Offshore Wind Power Bonanza

Is 55 gigawatts of new offshore wind by 2020 possible? Nearly 130 gigawatts of installed wind power accounted for more than 8 percent of Europe’s electricity demand in 2014, according to a new report from the European Commission. That figure might not seem particularly large, especially since renewable energy accounted for 78 percent of Germany’s power consumption one afternoon […]

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Under sanctions, Iran’s crude oil exports have nearly halved in three years

Source: U.S. Energy Information Administration, based on Lloyd’s List Intelligence, Global Trade Information Services, Eurostat, and trade press In early April this year, Iran and the five permanent members of the United Nations Security Council plus Germany (P5+1) reached a framework agreement to guide negotiations targeting a comprehensive agreement by June 30. The comprehensive agreement could […]

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Morning Energy Blog – May 29, 2015

Equities and the Economy Good morning and happy Paperclip Day (I guess it’s only fair paperclips have their day being cellophane had its day on Wednesday).  U.S. stocks ended slightly lower yesterday with the Dow falling 37 points to 18,126, the S&P 500 lost 2 to 2,121 and the Nasdaq was off 9 to 5,098.  […]

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Morning Energy Blog – January 26, 2014

Equities and the Economy Breaking a four day winning streak the Dow and S&P 500 closed lower on Friday with the former losing 141 points (0.8%) ending at 17,673 and the latter off 11 points (0.6%). The Nasdaq bucked the trend closing 7 points higher (0.2%) at 4,757. The day might not have been good […]

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Morning Energy Blog – January 5, 2015

Good morning. Welcome back one and all. I truly hope you had a wonderful holiday and could spend time with your loves ones. The last Morning Energy Report was on Tuesday December 30th reflecting the price action of the day before so let’s see what’s happened in 4 calendar days and 3 trading days. Last […]

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September 12th. Morning Energy Report

Good morning. U.S equities closed little changed from Wednesday yesterday with the Dow ending down 20 points at 17,049, the S&P 500 gained 2 to 1,997 and the Nasdaq up 5 to 4,592. And you should be very happy because for most of the day all the indexes were seriously bleeding with the Dow at […]

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