Theresa May, the UK’s home secretary, will be the country’s next prime minister. Her final rival for the Conservative Party leadership, Andrea Leadsom, withdrew from the race on Monday ... Read More
Oil futures rose on Tuesday as an interruption in Iraqi crude loadings at Basra threatened to tighten supplies, but prices held close to two-month lows hit in the previous ... Read More
Europe poised for weaker open as rally loses steam European stocks are expected to open lower on Tuesday as market turn mixed in Asia and European markets lose momentum. ... Read More
Three years ago, there were reports about bankruptcy of Deutsche Bank, which is managing SOFAZ assets. This is caused by too much unsecured derivatives in the balance of the ... Read More
These trends cannot be reversed with yet another rate cut or another “whatever it takes” announcement. In the conventional investment perspective, risk-on assets (i.e. investments with higher risks and ... Read More
No emergency measures of either the European Central Bank or any other central banks can rescue the European banking system that currently stands on the verge of collapse. The ... Read More
Oil fell on Monday over signs that U.S. shale drillers have adapted to lower prices and on renewed indications of economic weakness in Asia. Brent crude was trading at ... Read More
Topix jumps by most since February after Abe election victory Won jumps with ringgit after hiring picks up in U.S. Asia’s stocks and emerging-market currencies rallied, while commodities gained ... Read More
U.S output fell 2.3%, stockpiles slide 7th week, EIA reports Stockpile decline was less than forecast, API report Oil trimmed its biggest weekly decline in five months as investors ... Read More
European stocks are expected to open lower on Friday as markets pause ahead of U.S. nonfarm payrolls data on Friday that will give a clear indication on the state ... Read More
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