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Market

A worker checks the valves at Al-Sheiba oil refinery in Basra

Oil prices claw back some ground after plunging to year lows

09/03/2017(0)
Oil prices attempted a slight rebound Thursday on the heels of plunging to their lowest levels in a year after weekly data which showed a higher-than-expected build-up in U.S. ... Read More

Brazil’s economy enters worst recession on record

08/03/2017(0)
Latin America’s largest economy Brazil has contracted by 3.6 percent in 2016, shrinking for the second year in a row; statistics agency IBGE said on Tuesday. It confirmed the ... Read More
A pumpjack drills for oil in the Monterey Shale

Oil futures fell in Asian trade on Wednesday

08/03/2017(0)
Oil futures fell in Asian trade on Wednesday after industry data pointed to a potential ninth straight week of inventory builds, renewing concerns about an oversupply of oil despite ... Read More
gold

Gold price at 1-month low

07/03/2017(0)
After its worst week since November, gold was drifting lower again on Monday with the metal coming under pressure from a stronger dollar and a looming interest rate hike ... 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 prices hold steady for third day; eyes on economic data

07/03/2017(0)
Oil prices were little changed for a third session on Tuesday, with investors searching for direction as concern over rising U.S. shale output offsets production cuts by OPEC and ... Read More
central_bank_china

China unseats eurozone as world’s largest banking system

06/03/2017(0)
New analysis by the Financial Times shows China’s banking system has overtaken the eurozone to become the world’s biggest by assets. The status reflects the country’s increasing global influence ... Read More
Credit Suisse branch is seen in New York

Credit Suisse (UK) Limited appoints new CEO

06/03/2017(0)
Credit Suisse appointed Christian Berchem as Chief Executive Officer of Credit Suisse (UK) Limited, the UK Private Banking business, effective June 7, 2017, subject to regulatory approval. Christian will ... Read More
TimelineOpel

Peugeot owner to buy Open-Vauxhall creating Europe’s second-largest carmaker

06/03/2017(0)
Establishes PSA Group as #2 in Europe. This strong and balanced presence in its home markets will serve as the basis of profitable growth worldwide Joint venture in auto ... Read More
Oil-prices-petrol-pump

Oil prices fell in Asian trade on Monday

06/03/2017(0)
Oil prices fell in Asian trade on Monday, wiping out some of the gains of the previous session amid worries lower growth targets in China could cut oil demand ... Read More
gold

Central banks and gold

05/03/2017(0)
The very near future is likely to see a sea-change in central bankers’ attitude to the gold allocation in their reserves. The failure of G20 monetary policy since the ... Read More
Broker Cyprus TopFX