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Gold prices are modestly higher in early U.S. trading Thursday

20/10/2016(0)
Gold prices are modestly higher in early U.S. trading Thursday. A slightly downbeat U.S. weekly jobless claims report that showed a rise in claims is helping out the precious ... Read More
Crude oil storage tanks are seen from above at the Cushing oil hub in Cushing

Oil prices dip after strong rally, but sentiment remains confident

20/10/2016(0)
  Oil prices dipped on Thursday on profit taking after markets rallied the previous day due to a draw in U.S. stocks and an expectation of an OPEC-led cut ... Read More
The corporate logo of financial firm Morgan Stanley is pictured on a building in San Diego

Morgan Stanley reported net revenues of $8.9 billion for the third quarter

20/10/2016(0)
Morgan Stanley has issued a press release to inform regarding its Third Quarter 2016 results. Net Revenues of $8.9 Billion and Earnings per Diluted Share of $0.81 Strong Performance ... Read More
A pumpjack drills for oil in the Monterey Shale

Oil rises on reported US crude inventory draw, expected OPEC cut

19/10/2016(0)
Oil prices rose early on Wednesday, pushed up by a report of a fall in U.S. crude inventories and an OPEC statement saying a planned production cut was achievable, ... Read More
Chinese national flag flutters at the headquarters of a commercial bank on a financial street near the headquarters of the People's Bank of China, China's central bank, in central Beijing

China reports steadily economy growth; GDP increased

19/10/2016(0)
The National Bureau of Statistics of China has issued a press release to inform that the China’s economy grew steadily with progress made and quality improved in the first ... Read More
GOLD bars

More Good News For Gold Bugs: The Bottom Is Getting Closer

18/10/2016(0)
In the latest gold and silver commitment of traders (COT) report (click here for an explanation of what this report involves), paper players made big strides in bringing the ... Read More
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Deutsche Bank is thinking a partial exit from the US market

18/10/2016(0)
Reports in local media in Germany indicate that Deutsche Bank is currently mulling over a strategy overhaul as far as the United States is concerned and an exit from ... Read More
oil-refinery

Russia enter India’s Oil market with a $13 billion deal

18/10/2016(0)
The $13 billion sale of India’s Essar Oil to Russia’s Rosneft and other investors, gives Russia access to the most promising and fastest growing market. The deal also challenges ... Read More
asian markets

Asian Stocks Rise as Mixed U.S. Data Damp Rate Hike Outlook

18/10/2016(0)
Japan’s Topix index fluctuates between gains and losses N.Z.’s benchmark index tumbles 1.3 percent to three-month low Asian stocks rose as mixed U.S. economic data supported the case for ... Read More
atm-machine

Nigerian Banks Suspend Use of ATM Cards Abroad

17/10/2016(0)
Several commercial banks in the country have suspended the use of their naira ATM cards abroad by their customers. On Friday, Stanbic IBTC Bank and Standard Chartered Bank Nigeria ... Read More
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