Euro zone businesses end first quarter on brighter note March flash euro zone composite PMI 53.7 * Composite PMI above all forecasts in Reuters poll * Firms cut prices ... Read More
Despite hopes that lower oil prices will stabilise global growth, experience suggests otherwise. Growth was disappointing in 2015 even though the oil price had plunged in 2014. While developed-world ... Read More
Should central banks create money out of thin air and give it directly to governments and average citizens? If you can believe it, this is now under serious consideration. ... Read More
Crude prices will rise to a “moderate level” even if Iran joins the Russian-Saudi production freeze at a later date, predicts the Organization of the Petroleum Exporting Countries (OPEC). ... Read More
The crown jewel among America’s oil refiners may soon be owned by Saudi Arabia. Saudi Aramco, the state oil company of OPEC’s most powerful player, recently announced plans to ... Read More
The UK economy would be hit by leaving the EU, but the impact would be “small” and unlikely to lead to big job losses, according to credit agency Moody’s. ... Read More
AFME has today published a report, commissioned from Clifford Chance, which analyses the potential impact of a UK exit from the EU on Europe’s capital markets. The report, entitled ... Read More
When it comes to fiscal discipline in the European Union, three is the magic number. That’s a deficit limit of 3 percent of GDP, and five EU states will make ... Read More
When panic and fear dominate financial markets, gold and silver both tend to rapidly rise in price. We witnessed this during the last financial crisis, and it is starting ... Read More
Last week, the ECB extended its monetary madness, pushing deposit rates further into negative figures. It is extending quantitative easing from sovereign debt into non-financial investment grade bonds, while ... Read More
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