Master Investor

China issues April PMI data but number misses estimates

China issues April PMI data but number misses estimates

0 mins. to read

Chinese manufacturing data improved further in April according to the PMI (Purchasing Managers Index) from the China Federation of Logistics & Purchasing.  The PMI increased to 53.3 in April, up from 53.1 in March, but slightly below expectations of 53.5. A figure above 50 indicates an improvement in economic activity whilst one below signals a…

Broker comments on Xcite Energy tinged with recrimination perhaps?

Broker comments on Xcite Energy tinged with recrimination perhaps?

2 mins. to read

The following extract was published in the FT on Friday, “Explorer Xcite Energy edged higher by 1.4 per cent to 106.5p after it appointed Jefferies and Rothschild to investigate options to fund the $360m cost of its second stage of development for its Bentley field in the North Sea. Options would include a farm-down of…

Some fascinating facts about oil you may not know…

Some fascinating facts about oil you may not know…

1 mins. to read

  The world consumes 87 million barrels of oil per day In 2011, global oil production averaged 88 million barrels per day The average oil consumption per capita in China is 2.5 barrels per person versus 23 in the US, 10 in the UK, 13 in Japan and 33 in Saudi Arabia A US geological…

YOUR FREE INVESTMENT MAG

Get real investment insights from some of the best minds in the business - with our free Master Investor Magazine.