market news

Flames emerge from a pipeline at the oil fields in Basra, southeast of Baghdad

Oil prices slip on Wednesday reversing earlier gains

27/03/2019(0)
Oil prices declined on Wednesday, reversing earlier gains, as further disruptions to Venezuela’s crude exports were offset by a report that U.S. inventories rose last week. Brent crude futures ... Read More
Europe labor costs

Hourly labour costs rose in the euro area; The two main components of labour costs

21/03/2019(0)
Hourly labour costs rose by 2.3% in the euro area (EA19) and by 2.8% in the EU28 in the fourth quarter of 2018, compared with the same quarter of ... Read More
GOLD bars

Hello old friend…Gold nears $1,350 resistance that has repelled it four times in 5 years

21/02/2019(0)
The past five years have been baffling for gold bugs. In an environment of massive central bank money creation, rising government deficits and a populist takeover of many countries’ ... Read More
world-euro-notes

Currencies threatened by a credit crisis

15/02/2019(0)
In this article I draw attention to the similarities between the current economic situation and that of 1929, and the threat to today’s unbacked currencies. There is the coincidence ... Read More
russia

As US piles on sanctions, foreign investors pour more money into Russia

14/02/2019(0)
Russian companies’ stocks attracted the most foreign investment in 5 years, adding nearly $576 million in January, the Central Bank of Russia reported. Investors also actively poured money into ... Read More
Employee welds the exterior of a vehicle along a production line at a factory in Qingdao

Industrial production down by 0.9% in euro area

13/02/2019(0)
In December 2018 compared with November 2018, seasonally adjusted industrial production fell by 0.9% in the euro area (EA19) and by 0.5% in the EU28, according to estimates from ... Read More
World-currencies

Trade wars – a catalyst for economic crisis

01/02/2019(0)
In my last article I used a proven accounting identity to show that the end result of President Trump’s trade tariffs would be to increase the trade deficit, assuming ... Read More
loan

Contingent liabilities and non-performing loans in the EU Member States

31/01/2019(0)
Data on contingent liabilities and non-performing loans of EU governments for the year 2017 have been published by Eurostat, the statistical office of the European Union. This publication includes data ... Read More
Diamonds

Polished diamond index hit a year high point

23/01/2019(0)
According to the most recent polished diamond index, published by polishedprices, the overall polishedprices index has had a volatile week, hitting a year-to-date high on Tuesday (121 points) before ... Read More
europe-countries-flags

International trade in services: EU surplus up to over €190 bn

18/01/2019(0)
The European Union (EU) surplus in trade in services, which had fallen between 2013 and 2016, increased to €191.8 bn in 2017. This is the result of EU exports ... Read More
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