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eastmed

Med gas pipe viable: Israel, Greece, Cyprus to hold second trilateral summit

05/12/2016(0)
Energy issues and emergency rescue cooperation will top the agenda when leaders of Israel, Greece and Cyprus meet this week in Jerusalem for their second trilateral summit in less ... Read More
Italian Prime Minister Matteo Renzi speaks during a media conference after a referendum on constitutional reform at Chigi palace in Rome

Italy’s Renzi vows to resign after crushing referendum defeat

05/12/2016(0)
Italian Prime Minister Matteo Renzi vowed to resign after suffering a crushing defeat on Sunday in a referendum on constitutional reform, tipping the euro zone’s third-largest economy into political ... Read More
gold_dollar_market

Credit cycles and gold

03/12/2016(0)
The Trump shock produced some unexpected market reactions, partly explained by investors buying into a risk-on argument,equities over bonds and buying dollars by selling other currencies and gold. This ... Read More
switzerland

Switzerland’s economy failed to grow for the first time in more than a year

02/12/2016(0)
Swiss Economy Unexpectedly Stalls on Weak Domestic Demand Median estimate in Bloomberg survey was for 0.3% increase Trade balance in goods and services had negative effect Switzerland’s economy failed ... Read More
Monte dei Paschi bank

Italy has requested possible Monte dei Paschi bailout

02/12/2016(0)
Italy is discussing with the European Commission the terms of a state bailout of ailing bank Monte dei Paschi (BMPS.MI: Quote) that has already been requested and could be ... Read More
An employee of Cosmo Energy Holdings' Cosmo Oil service station checks its nozzles at a branch in Tokyo

Oil price rally likely short-lived as OPEC deal not enough to reduce glut

02/12/2016(0)
The oil price rally sparked by an OPEC-Russia deal to cut output is likely to be short-lived, say traders in Asia, because the agreement may only draw more supplies ... Read More
rolls-royce

Rolls-Royce cuts another 800 marine division jobs

01/12/2016(0)
Rolls-Royce Holdings PLC RYCEY, +0.41% will reduce its marine division’s workforce by a further 800 as part of a plan to reduces losses at the unit. The British aircraft-engine ... Read More
A pumpjack drills for oil in the Monterey Shale

What the OPEC Production Cut Will Really Mean for Oil Prices

01/12/2016(0)
Crude oil prices–and the shares of U.S. oil and gas companies–surged over 8% Wednesday as the Organization of Petroleum Exporting Countries (OPEC) agreed to cut its output by some ... Read More
A gas pump is seen hanging from the ceiling at a petrol station in Seoul

Oil prices surge, smash trading volume records as OPEC and Russia agree output cut

01/12/2016(0)
Oil prices shot up 13 percent, smashing trading volume records, after OPEC and Russia cut a deal to reduce output to drain a global supply glut, but analysts warned ... Read More
opec

OPEC reportedly reaches agreement to cut oil production

30/11/2016(0)
OPEC has reached a deal amongst all 14 member countries to curtail oil production for the first time since 2008, according to several media reports. Multiple media reports, citing ... Read More
Broker Cyprus TopFX