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A picture illustration shows U.S. 100 dollar bank notes and Japanese 10,000 yen notes taken in Tokyo August 2, 2011. REUTERS/Yuriko Nakao

Currency exchange value dynamics

02/03/2018(0)
  In a recent article I postulated that the dollar could lose all its purchasing power with a rapidity that will come as an unpleasant bombshell, even to those ... Read More
Roman image

A Roman lesson on inflation

01/03/2018(0)
“While it is the duty of the citizen to support the state, it is not the duty of the state to support the citizen” – President Grover Cleveland The ... Read More
Oil Prices, A worker checks the valve of an oil pipe at Lukoil company owned Imilorskoye oil field outside the Siberian city of Kogalym

Oil prices give up earlier gains as rising U.S. supply outweigh signs of demand gains

27/02/2018(0)
Oil prices on Tuesday erased earlier gains as investor concerns about rising U.S. oil output offset signs of stronger demand and faith in the ability of OPEC production curbs ... Read More
european-stock-markets-map

Household financial assets and liabilities in the EU

26/02/2018(0)
Total financial assets of households in the European Union (EU) reached €33 850 billion in 2016. The assets mainly consisted of insurance, pensions and standardised guarantees (38.8% of all ... Read More
Worker looks at pump jack at oil field Buzovyazovskoye owned by Bashneft company north from Ufa

Oil prices fall on firmer U.S. dollar

22/02/2018(0)
Oil prices fell on Thursday, pulled down as a firmer dollar outweighed a report of a decrease in U.S. crude inventories. U.S. West Texas Intermediate (WTI) crude futures CLc1 ... Read More
british-pound-sterling-GBP-21-1

Brexit Plagues the Pound – But How Long will this Continue?

21/02/2018(0)
When it was announced that the UK electorate had voted to leave the EU, the pound (GBP) sunk to a 31-year low amid rising tension and huge swathes of ... Read More
brexit

Brexit – the battle for ideas

09/02/2018(0)
  The battle for ideas in the Brexit debate comes down to two basic economic approaches. The neo-Keynesian macroeconomists in the permanent establishment, who manage the state as economic ... Read More
Colored Diamonds

Fancy color diamond prices posted a slight rise

08/02/2018(0)
Fancy color diamond prices posted a slight rise in the fourth quarter of 2017 from the previous quarter, according to The Fancy Color Research Foundation (FCRF). There were significant ... Read More
Worker looks at pump jack at oil field Buzovyazovskoye owned by Bashneft company north from Ufa

Oil rises on report of lower U.S. crude inventories

07/02/2018(0)
Oil prices rose on Wednesday amid a share market recovery and supported by a report that U.S. crude inventories fell last week, although analysts warned that soaring U.S. output ... Read More
A woman pulls a shopping cart inside a shop where all products are sold at the price of one euro in Athens

Volume of retail trade down by 1.1% in euro area

06/02/2018(0)
In December 2017 compared with November 2017, the seasonally adjusted volume of retail trade decreased by 1.1% in the euro area (EA19) and by 1.0% in the EU28, according ... Read More
Broker Cyprus TopFX