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oil

The Saudi Oil Price War Is Backfiring

10/08/2015(0)
Saudi Arabia has long enjoyed the status of being the top crude oil exporter in the world. With record production of 10.564 million barrels per day in June 2015, ... Read More
Gold-

Gold stalls as US jobs data keeps door open to Sept Fed hike

10/08/2015(0)
Gold had longest weekly losing streak since 1999 Any delay in rate hike expectations won’t fuel gold rally – HSBC (Adds analyst comment, updates prices) Gold steadied not far ... Read More
Asian stocks

Asia Stocks Swing as Aussie, Copper Slide on China; Oil Retreats

10/08/2015(0)
Asian stocks swung between gains and losses and the Australian dollar slipped after a slump in Chinese exports and producer prices. Copper fell, while crude oil retreated toward this ... Read More
Suez-web-articleLarge

Suez Canal Upgrade May Not Ease Egypt’s Economic Journey

07/08/2015(0)
“Egypt Rejoices,” the television networks and newspapers declared, announcing “Egypt’s gift to the world.” Businesses were closed, the streets of Cairo were empty, and the airwaves were full of patriotic ... Read More
arab markets

OPEC leader Saudi Arabia is having to borrow money

07/08/2015(0)
Saudi Arabia is not as rich as you thought. The oil kingdom is facing a big hole in its budget, caused by the slump in oil prices and a ... Read More
oil-pipes

Oil Prices Near Six-Year Lows on Oversupply Fears

07/08/2015(0)
Increased stockpiles and worries over China’s demand feed bearish momentum Oil prices dropped toward six-year lows Thursday on concerns that the global crude glut will worsen when the U.S.’s ... Read More
imf-greece

Greece: Greek bank stocks soar – Greece makes loan interest payment to IMF

07/08/2015(0)
What you should know for Greece today: Bank stocks led a much-needed Greek bourse rebound on Thursday, making up some of the ground lost in the first three sessions ... Read More
wall-street

China stocks up, other Asian markets lower after US losses

07/08/2015(0)
Chinese stocks rose Friday while other Asian markets followed Wall Street lower as investors looked ahead to U.S. jobs data and a meeting of Japan’s central bank. KEEPING SCORE: ... Read More
tsakalotos-lagarde

No IMF decision on Greek bailout until autumn, Swedish representative tells paper

06/08/2015(0)
There is strong support at the IMF for joining a new bailout package for Greece but the fund will not decide whether to participate until autumn, Sweden’s representative to ... Read More
gold and silver image

This Precious Metal Needs a Silver Bullet

06/08/2015(0)
In the past 12 months alone, the benchmark silver-futures contract has declined 27% Once prized as a precious metal that could be put to practical use, silver is now ... Read More
Broker Cyprus TopFX