A pumpjack drills for oil in the Monterey Shale

Early Market Review: Oil prices fell as on Monday reversed increases last Friday

Oil prices fell on Monday as increased drilling in the United States pointed to more output, raising concerns about a return of oversupply. U.S. West Texas Intermediate (WTI) crude ... Read More
europe employment

Employment up by 0.3% in the euro area and by 0.2% in the EU28

The number of persons employed increased by 0.3% in the euro area (EA19) and by 0.2% in the EU28 in them fourth quarter of 2017 compared with the previous ... Read More
Pump jacks are seen at the Lukoil company owned Imilorskoye oil field outside the West Siberian city of Kogalym

Oil steadies after big fall, but soaring U.S. crude output still weighs

Oil prices steadied on Thursday, supported by healthy demand, after falling the previous day on the back of record U.S. crude production and rising inventories. Brent crude futures LCOc1 ... Read More

Italian vote, trade concern darken Europe’s economic outlook

For months, the 19-country eurozone economy has been one of the bright spots in the global economy, with growth and job creation picking up steam after years of crisis ... Read More

Oil-Yuan Futures To Start Later In The Month – Implications For Gold – Video

In this short video, Goldmoney’s Head of Research, Alasdair Macleod, shares his thoughts on the Oil-Yuan Futures and the implications for gold. How recent developments in China’s oil payments ... Read More
italy flag

Election in Italy appears to have given no party a clear majority; Here’s what happens next

Sunday’s election in Italy appears to have given no party a clear majority — signaling a period of political instability for one of Europe’s biggest economies. As of Sunday ... Read More
A picture illustration shows U.S. 100 dollar bank notes and Japanese 10,000 yen notes taken in Tokyo August 2, 2011. REUTERS/Yuriko Nakao

Currency exchange value dynamics

  In a recent article I postulated that the dollar could lose all its purchasing power with a rapidity that will come as an unpleasant bombshell, even to those ... Read More
Roman image

A Roman lesson on inflation

“While it is the duty of the citizen to support the state, it is not the duty of the state to support the citizen” – President Grover Cleveland The ... Read More
Oil Prices, A worker checks the valve of an oil pipe at Lukoil company owned Imilorskoye oil field outside the Siberian city of Kogalym

Oil prices give up earlier gains as rising U.S. supply outweigh signs of demand gains

Oil prices on Tuesday erased earlier gains as investor concerns about rising U.S. oil output offset signs of stronger demand and faith in the ability of OPEC production curbs ... Read More

Household financial assets and liabilities in the EU

Total financial assets of households in the European Union (EU) reached €33 850 billion in 2016. The assets mainly consisted of insurance, pensions and standardised guarantees (38.8% of all ... Read More
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