Montreal, Quebec, March 25, 2011– Hilbroy Advisory Inc. (DeutcheBörse: 2H0) Hilbroy Advisory Reports: The experts meeting preceding the fourth joint annual ministerial meetings of the African Union Conference of Ministers of Economy and Finance, UN Economic Commission for Africa Conference of African Ministers of Finance & Planning and Economic Development opened in Addis Ababa yesterday with...
Montreal, Quebec, March 24, 2011– Hilbroy Advisory Inc. (DeutcheBörse: 2H0) Hilbroy Advisory Reports: Egypt’s benchmark stock index fell for the second consecutive day on Thursday, closing almost 4 percent lower but paring steeper losses earlier in the session as investors looked to unload holdings after the market’s nearly two month closure. The Egyptian Exchange’s benchmark...
Montreal, Quebec, March 23, 2011– Hilbroy Advisory Inc. (DeutcheBörse: 2H0) Hilbroy Advisory Reports: Gold prices neared record highs Wednesday and oil also advanced amid turmoil in Libya and the Middle East and continuing worries about Europe’s debt crisis. Oil was also boosted by new data showing U.S. gasoline demand continues to rise despite sharp price increases at the pump. April gold rose...
Montreal, Quebec, March 18, 2011– Hilbroy Advisory Inc. (DeutcheBörse: 2H0) Hilbroy Advisory Reports: World oil prices fell Friday in volatile trade after major crude exporter Libya called a ceasefire with rebels, easing fears about possible damage to its energy facilities. Brent oil dived US$3 immediately after the ceasefire announcement, compared with its level in the minutes before. Brent...
Montreal, Quebec, March 17, 2011– Hilbroy Advisory Inc. (DeutcheBörse: 2H0) Hilbroy Advisory Reports: Gulf Arab stock markets slumped Tuesday and the cost of insuring Bahrain’s debt surged, as investor unease with the political volatility in the tiny island nation appeared poised to grow with the declaration of a three-month state of emergency. The declines, also fueled by fears of further...
Montreal, Quebec, March 16, 2011– Hilbroy Advisory Inc. (DeutcheBörse: 2H0) Hilbroy Advisory Reports: African governments must ensure transparency and accountability in the management of natural resources, including oil, to generate revenue for growth through diversifying economies, a United Nations official told delegates at an industrial policy conference in Ghana today. “African leaders...
Montreal, Quebec, March 15, 2011– Hilbroy Advisory Inc. (DeutcheBörse: 2H0) Hilbroy Advisory Reports: Libya’s oil exports have “ground to a halt” because of the fighting between rebels and pro-government forces, and it could be months before the country’s crude resurfaces on world markets, the International Energy Agency said Tuesday. The Paris-based group, whose members...
Montreal, Quebec, March 11, 2011– Hilbroy Advisory Inc. (DeutcheBörse: 2H0) Hilbroy Advisory Reports: European Union leaders hope to deepen trade and economic ties with North Africa following the upheaval in the region, but steps in this direction are likely to be modest and slow. European suspicion of North African workers and farm goods, and uncertainty about the political changes in North...
Montreal, Quebec, February 18, 2011– Hilbroy Advisory Inc. (DeutcheBörse: 2H0) Hilbroy Advisory Reports : Oil prices jumped a dollar and Asian stocks slipped on Monday as spreading tensions in Libya and other oil-producing regions encouraged some profit taking after last week’s solid gains. Brent crude oil futures and U.S. crude futures both vaulted around $1/bbl to $103.50 and $87.31 per...
Montreal, Quebec, February 17, 2011– Hilbroy Advisory Inc. (DeutcheBörse: 2H0) Hilbroy Advisory Reports : Stocks finished higher on Thursday after a strong manufacturing report overshadowed a bigger-than-expected rise in the number of people applying for unemployment benefits. The Federal Reserve Bank of Philadelphia said its index of manufacturing in the mid-Atlantic region nearly doubled...