CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Oil started out lower but had a technical rebound. Traders bought the dips, but expect it to continue its fall. Gold popped on the day.
Nicholas Ferres, Investment Director for Global Asset Allocation at Eastspring Investments, says major European producers are trading below book value, which makes them an attractive play.
Daryl Guppy, CEO of Guppytraders.com, explains why oil prices could drop below $60 per barrel.
Gina Sanchez, Chairwoman & Founder of Chantico Global, explains that most OPEC member countries need to have oil above at least $80 a barrel to prevent civil unrest.
Keith Wade, Chief Economist at Schroders, explains the positive impact of a strong dollar and why it may be difficult for OPEC to squeeze out U.S. shale producers.
Tim Evans, Energy Futures Specialist at Citi Futures, tries to rationalize why OPEC members are not taking any action to curb recent price falls.
Peter Boockvar, Chief Market Analyst at The Lindsey Group, explains why a high P.E ratio in the U.S. means investors won't find any value there.
Adolfo Laurenti, Deputy Chief Economist & Managing Director at Mesirow Financial, explains all the macroeconomic factors impacting oil demand.
Adolfo Laurenti, Deputy Chief Economist & Managing Director at Mesirow Financial, says there are no creative solutions left for troubled euro zone nations like Greece apart from austerity measures.
Kenny Polcari, Director at O'Neil Securities, explains how weak oil prices will support global growth in the long run and create opportunities for the M&A industry.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. It was a very rough day for crude. Nat gas was down, as well.
Kelvin Tay, MD & Regional CIO, Southern APAC at UBS Wealth Management, says the Bank of Japan has to weaken the yen so it can compete with European exports.
Richard Leggett, CEO at Frontier Strategy Group, explains how a rising interest rate environment, currency volatility and reduced oil prices will impact emerging markets.
Daniel Hynes, Senior Commodity Strategist at ANZ, says it will take oil at least six months for demand and supply to re-balance.
Arjuna Mahendran, CIO of Emirates National Bank of Dubai, explains why U.S. corporate profits are expected to surge on the back of lower oil prices and U.S. monetary policy.
Jim Rickards, Chief Global Strategist at West Shore Funds, identifies key points in Putin's speech on Thursday and explains why confrontation between Russia and the U.S. is set to continue.
Dan Greenhaus, Chief Global Strategist at BTIG, expects wage growth to rise by the middle of next year.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Comments out of Saudi Arabia that the market will stabilize at around $60/barrel put downward pressure on oil's price. Nat gas and gold were down, as well.
Jacob Kirkegaard, Research Fellow at the Peterson Institute for International Economics, explains why the bank won't announce any large purchase programs.
Stephen Davies, CEO at Javelin Wealth Management, explains why these three countries will be the biggest beneficiaries of lower oil prices.