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markets

Asia trades mixed; Chinese shares under pressure

16/05/2016(0)
Asian markets ended mostly higher on Monday, as traders shrugged off data released over the weekend that revived concerns over the Chinese economy. Japan’s Nikkei 225 pared some of its over ... Read More
A worker grabs a nozzle at a PTT gas station in Bangkok

Oil prices jump as Goldman Sachs says market flips into deficit

16/05/2016(0)
Oil prices jumped over 1 percent on Monday after long-time bear Goldman Sachs said the market had ended almost two years of oversupply following global oil disruptions and flipped ... Read More
deutsche bank

Deutsche Bank becomes latest currency dealer to lower its dollar forecast

13/05/2016(0)
Deutsche Bank on Thursday became the latest major player in the global currency market to lower its expectations for the U.S. dollar. The call is a sign that Wall ... Read More
Light is cast on U.S. one-hundred dollar bill next to Japanese 10,000 yen note in Tokyo

Dollar hits two-week high on rate hike bets

13/05/2016(0)
The dollar hit a two-week high against a basket of currencies on Friday, posting its best fortnightly performance since February, bolstered by the view that the U.S. Federal Reserve ... Read More
A man riding on a bicycle looks at an electronic board showing the stock market indices of various countries outside a brokerage in Tokyo

Asian Shares Retreat Amid Earnings as Yen Gains; Oil, Won Drop

13/05/2016(0)
Aussie pressured as CBA forecasts two more rate cuts this year Crude slips from six-month high as copper slides in Shanghai Asian stocks fell, set for a third weekly ... Read More
macy

Macy’s Crushed By Amazon, Italian Banks Crushed By Euro

12/05/2016(0)
This is a tale of changing environments and the organisms that are, as a result, dying off. First, consider the bricks and mortar retailers. Amazon, the dominant online seller ... Read More
gold

Central banks buying up gold to diversify away from US dollar

12/05/2016(0)
The demand for gold has renewed worldwide with the price for the precious metal climbing to nearly $1300 per ounce for the first time in 15 months. The rally ... Read More
markets

Asia trades lower, as oil prices drop; Westpac shares down 3.7%

12/05/2016(0)
Asian stocks fell modestly Thursday, taking cues from declines in U.S. stocks after a string of top-flight retail companies released disappointing earnings. The U.S. markets falls came despite gains ... Read More
Cyprus flag

Exit from the MoU: What does it mean for Cyprus?

12/05/2016(0)
On March 31st, 2016 the Cyprus government has officially exited the MoU with Troika after a three-year period. During this time, Cyprus has received around €7.2 billion (out of ... Read More
Pump jacks are seen at the Lukoil company owned Imilorskoye oil field outside the West Siberian city of Kogalym

Oil prices fall as Canada oil sand fields gradually return

12/05/2016(0)
Oil prices fell on Thursday, dragged down by the gradual return of Canadian oil sands output, reversing a sharp rise the previous day when the U.S. government detailed an ... Read More
Broker Cyprus TopFX