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A logo of Monte dei Paschi di Siena bank is seen on the ground in Siena

Monte Paschi to issue 15 billion euro in debt after EU approves liquidity support – paper

30/12/2016(0)
Italy’s Banca Monte dei Paschi di Siena (BMPS.MI), which is being bailed out by the state, plans to issue 15 billion euros ($15.8 billion) of debt next year to ... Read More
Oil-prices-petrol-pump

Oil prices on track for greatest yearly percentage gain since 2009

30/12/2016(0)
Oil prices are on track for their biggest annual percentage gain since 2009 on the back of an agreement struck between OPEC and non-OPEC countries to cut crude production ... Read More
ecb

Euro zone corporate lending hits highest rate since 2009

29/12/2016(0)
Bank lending to euro zone companies grew at the fastest pace since the end of the global financial crisis last month as the European Central Bank tries to stimulate ... Read More
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When Assets (Such as Real Estate) Become Liabilities

29/12/2016(0)
It will be the middle class that accepted the notion that “real estate is the foundation of family wealth” that will be stripmined by higher taxes on immobile assets ... Read More
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European stocks end mixed; miners gain

29/12/2016(0)
European stock markets closed mixed in light post holiday trade on Wednesday, with miners pushing higher, while Italian banks led decliners on ongoing concerns about the future of Banca ... Read More
sharp-corp

Japan’s stagnant economy sees daylight ahead

29/12/2016(0)
Factory output data released by Japan’s trade ministry shows signs of economic recovery after decades of stagnation. Industrial production grew by 1.5 percent this month over November, slightly below ... Read More
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28.7% of EU GDP spent on social protection

28/12/2016(0)
Since 2011, social protection expenditure in the European Union (EU) has increased slightly, from 28.3% of GDP in 2011 to 28.7% in 2014, according to data from Eurostat, the ... Read More
gold

Gold prices rose on Wednesday

28/12/2016(0)
Gold prices rose on Wednesday, extending gains after it hit a near two-week high in the previous session, on a technically-driven rebound in thin volume amid a slightly weaker ... Read More
A pumpjack drills for oil in the Monterey Shale

Oil prices step back as investors cash in on latest rally

28/12/2016(0)
Oil prices fell Wednesday as investors took profits on the heels of a rally, but trading remained thin. On the New York Mercantile Exchange, light, sweet crude futures for ... Read More
A U.S. flag decorates a for-sale sign at a home in the Capitol Hill neighborhood of Washington

US home prices rise to a new record

27/12/2016(0)
US home prices extended to their best levels since the financial crisis, according to the October reading of the S&P/Case-Shiller index. The national home-price index rose by 5.6% on ... Read More
Broker Cyprus TopFX