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Market

eurostat regional unemployment in Member States 2016

Unemployment rates in the EU regions ranged from 2.1% to 31.3%

02/05/2017(0)
More than 80% of the NUTS 2 regions of the European Union (EU) saw their unemployment rate fall in 2016 compared with 2015, and around 60% recorded a decrease ... Read More
oil markets

Oil posted losses for two weeks in a row

02/05/2017(0)
U.S. crude futures have posted losses for two weeks in a row and are poised to sink again, according to a historical correlation between oil prices and GDP data. ... Read More
Chinese national flag flutters at the headquarters of a commercial bank on a financial street near the headquarters of the People's Bank of China, China's central bank, in central Beijing

End of empire

30/04/2017(0)
“Already, China dominates world trade. Her own economy is already significantly larger than that of the US on the PPP estimates. While being the largest consumer of raw materials, ... Read More
Mini Cooper

Weak Sterling boosts UK car production to 17-year high

29/04/2017(0)
Car manufacturing in the United Kingdom hit a 17-year high in the first three months of 2017, as exports bolstered demand. Sterling has dropped sharply since June 2016’s vote ... Read More
Daimler AG- Mercendes

Daimler AG reports 10% increase in unit sales; First Quarter 2017 results

28/04/2017(0)
Unit sales significantly above prior-year level at 754,300 vehicles (+10%) Revenue up by 11% to €38.8 billion Group EBIT is 87% above prior-year level at €4,008 million Net profit ... Read More
ubs

UBS released first quarter 2017 results

28/04/2017(0)
The Swiss global financial services company UBS AG has issued today a press release to announce its its results for the first-quarter 2017. According to the announcement, UBS published ... Read More
A pump jack used to help lift crude oil from a well in South Texas’ Eagle Ford Shale formation stands idle in Dewitt County Texas

Oil rises on potential OPEC cut extension, but still faces second weekly loss

28/04/2017(0)
Oil prices rose on Friday but were still on track for a second straight weekly loss on concerns that an OPEC-led production cut has failed to significantly tighten an ... Read More
Spotify

Spotify acquires Mediachain to solve music’s attribution problem

27/04/2017(0)
Spotify has acquired the Brooklyn-based blockchain startup Mediachain Labs, whose team will join the company’s office in New York where they will work on developing better technology for connecting artists and ... Read More
global housing bubbles

The Housing Bubble Is Back

27/04/2017(0)
Last week I ran into a friend whom I’d been worrying about. He’s a real estate appraiser and his work had been drying up as interest rates rose and ... Read More
Saudis

Saudi Arabia is losing oil market share to Iraq and Iran

27/04/2017(0)
Saudi Arabia, the world’s biggest crude exporter, is losing market share to Iraq and Iran as a result of OPEC’s agreement to curb supplies to bolster prices, according to ... Read More
Broker Cyprus TopFX