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saudi-arabia

Saudi Arabia reacts sharply to S&P downgrade of kingdom’s debt rating

02/11/2015(0)
Saudi Arabia yesterday reacted sharply to Standard & Poor’s move to downgrade the kingdom’s debt rating. The debt rating agency said it would downgrade Saudi Arabia’s long-term rating a ... Read More
yuan_market

China raises central rate for yuan by largest amount in a decade

02/11/2015(0)
China raised the central parity rate of the yuan by 341 basis points to 6.3154 against the US dollar on Monday (2 November), the largest amount by far on ... Read More
Oil_well

Oil prices drop on China demand worries

02/11/2015(0)
Oil prices fell in Asian trading hours on Monday as analysts expected weaker demand from China in upcoming months. Benchmark U.S. crude futures CLc1 had dropped 24 cents from ... Read More
Chinese_markets

Asian stocks fall after tepid China PMI survey

02/11/2015(0)
A general view of market boards at the ASX Exchange Centre in Sydney, Australia. Asian stocks mostly slipped into the red on Monday, as investors digested a private survey ... Read More
financial-services

Scariest Events from the Financial World: 2000 to Present

30/10/2015(0)
  It’s no secret that the global financial markets offers a ton of opportunity, but can be equally as scary. There are so many factors at play in the ... Read More
barclays-logo-3

Barclays sets aside £290m for foreign exchange compensation

30/10/2015(0)
Provision for customers takes Barclays’ legal bill to £2.3bn in nine months, as critics say latest move does little to restore company’s tarnished reputation Barclays is embroiled in yet another ... Read More
Fiat Money Quantity

Fiat money quantity update

30/10/2015(0)
After a few months of slower growth, FMQ has picked up again. FMQ is the sum of True Money Supply (as defined by the Austrian School of Economics), plus ... Read More
bank-of-japan-building

BOJ holds rates despite overseas headwinds, stagnant inflation

30/10/2015(0)
The Bank of Japan held off on expanding its massive stimulus program on Friday, preferring to preserve its dwindling policy options in the hope that the economy can overcome ... Read More
shell-logo

Shell Leads $19 Billion of Gas, Oil Writedowns in Just One Week

30/10/2015(0)
Shell leads writedowns with $8.2 billion in impairments Predictions of future cash flow have fallen along with prices More than $19 billion in oil and gas writedowns have been ... Read More
asian-shares-japan

Asian shares mixed on BOJ decision, China’s child policy change

30/10/2015(0)
Asian shares mostly regained their footing on Friday, following the Bank of Japan’s (BOJ) decision to stand pat on its monetary policy and as China‘s scrapping of its one-child policy bolstered dairy ... Read More
Broker Cyprus TopFX