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Market

Economy

Why Say’s law is always true

12/08/2016(0)
One of my regular readers has raised the important subject of Say’s law, the denial of which both Keynesian and modern monetarists are emphatic. They need this fundamental axiom ... Read More
gold

Gold finishes lower as stocks rally, dollar strengthens

12/08/2016(0)
Gold futures surrendered earlier gains to finish lower on Thursday as strength in the U.S. stock market and the dollar offset support from a report showing strong investment demand ... Read More
A maze of crude oil pipes and valves is pictured during a tour by the Department of Energy at the Strategic Petroleum Reserve in Freeport

Oil prices rise on talk of possible exporter moves to prop up market

12/08/2016(0)
Oil prices rose by around 1 percent on Friday, extending gains from the previous session on expectations that exporters could talk at an upcoming meeting about ways to prop ... Read More
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Alibaba reports an increase of 59% for Revenues

11/08/2016(0)
Alibaba Group Holding Limited (NYSE: BABA) today announced its financial results for the quarter ended June 30, 2016. “Alibaba Group had an outstanding quarter. Our results show the scale ... Read More
European-Stocks

European stocks move higher as focus shifts to Wall St; Oil firms slide

11/08/2016(0)
European stocks moved higher in midday trade Thursday as investors shifted their attention to Wall Street, where stocks looked set to open up ahead of the release of another ... Read More
oil platform

Asia mostly lower as oil retreats further; BOK keeps rates steady

11/08/2016(0)
Asia markets were mostly lower on Thursday following U.S. losses, with sentiment likely driven by Wednesday’s oil price falls and anticipation of another data deluge from China on Friday. ... Read More
A maze of crude oil pipes and valves is pictured during a tour by the Department of Energy at the Strategic Petroleum Reserve in Freeport

Oil prices fall on U.S. crude inventory build, record Saudi output

11/08/2016(0)
Oil prices fell early on Thursday as a build in U.S. crude inventories and record Saudi Arabian production weighed on markets. U.S. West Texas Intermediate (WTI) crude futures CLc1 ... Read More
euro

‘Euro was flawed at birth and destined to collapse’ – Nobel economist

10/08/2016(0)
The decision to create a single currency without the institutions which would make it work was “fatal” for the eurozone, said Nobel-Prize winning economist Joseph Stiglitz, adding that the ... Read More
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Saving the system

10/08/2016(0)
Monetary policy, we are told, is all about staving off recession and stimulating economic growth. However, not only is monetary debasement in any form counterproductive and destroys the personal ... Read More
oil

Oil dips on oversupply; calls for producer meeting met with scepticism

10/08/2016(0)
Oil prices dipped on Wednesday as a global supply overhang weighed on markets, while talk of a potential producer meeting to discuss propping up prices lent some support but ... Read More
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