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Market

German Chancellor Merkel

German government advisers trim economic growth forecast

23/03/2016(0)
The German government’s independent panel of economic advisers has trimmed its growth forecast for this year to 1.5 percent, pointing Wednesday to growing risks to exports. The forecast compared ... Read More
crude

OPEC expects upsurge in oil prices with or without Iran

23/03/2016(0)
Crude prices will rise to a “moderate level” even if Iran joins the Russian-Saudi production freeze at a later date, predicts the Organization of the Petroleum Exporting Countries (OPEC). ... Read More
credit suisse

Credit Suisse accelerates its restructuring

23/03/2016(0)
Tidjane Thiam, Chief Executive Officer of Credit Suisse, commented: “Our recent performance has highlighted further two key areas of challenge for Credit Suisse: – Our fixed cost base, and ... Read More
High-gas-prices

Oil slightly lower after Brussels attacks; US stockpile weighs

23/03/2016(0)
Oil prices have held up better after the Brussels attacks than many had expected but market watchers are keeping their eyes peeled for any sharp moves that may follow. U.S. WTI light ... Read More
dollar-euro notes

Dollar rises as Brussels attacks weaken European currencies

23/03/2016(0)
Dollar rises as euro weakens; yen rises on risk aversion Sterling off 1 pct on fears of rising ‘Brexit’ possibility Dollar index extends rebound from five-month trough The dollar ... Read More
germany gold

Germany wants its gold back

22/03/2016(0)
The Bundesbank has announced plans to repatriate some of Germany’s gold reserves from abroad. At least half of the country’s gold would be transferred to Frankfurt by 2020, according ... Read More
Saudi-Aramco

Saudis to take control of largest U.S. refinery

22/03/2016(0)
The crown jewel among America’s oil refiners may soon be owned by Saudi Arabia. Saudi Aramco, the state oil company of OPEC’s most powerful player, recently announced plans to ... Read More
uk-eu-flags-getty

EU referendum: Moody’s predicts ‘small’ UK economic hit from EU exit

22/03/2016(0)
The UK economy would be hit by leaving the EU, but the impact would be “small” and unlikely to lead to big job losses, according to credit agency Moody’s. ... Read More
rosnefto

Russia Deals Deepen India Hold in China Oil-Buying Backyard

22/03/2016(0)
India lift stakes in Siberia fields connected to ESPO pipeline China is biggest buyer of Russian crude, including ESPO supply India is expanding its footprint in China’s backyard by ... Read More
asian trades

Asia mixed in quiet trading session, with Nikkei up 1.9%

22/03/2016(0)
Asia markets were mixed in a quiet session on Tuesday, with a weaker yen buoying Japanese stocks while Chinese stocks gave up some of their Monday gains. Japan’s Nikkei 225, ... Read More
Broker Cyprus TopFX