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Wall Street closes flat to end five-week rally

25/03/2016(0)
Wall Street snapped a five-week winning streak on Thursday, with the three major indexes closing mostly flat, as a strengthening dollar weighed on commodity-related shares. The Dow Jones industrial ... Read More
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Moody’s reviews for downgrade Deutsche Bank’s ratings

24/03/2016(0)
Moody’s Investors Service has placed on review for possible downgrade the ratings of Deutsche Bank AG (“Deutsche Bank”) and affiliates, including the bank’s long-term deposit rating of A2, its ... Read More
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How was the business activity in Eurozone the first three months of 2016

24/03/2016(0)
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
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HSBC reports on Oil prices scenarios

24/03/2016(0)
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
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Helicopter Money: Global Central Banks Consider Distributing Money Directly To The People

24/03/2016(0)
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
Derricks at Yuganskneftegaz oil processing facility at Mamontovskoye oilfield outside the Siberian ...

Oil prices tumbled 4 percent; U.S crude settling below the key $40 per barrel

24/03/2016(0)
Oil prices tumbled 4 percent on Wednesday, with U.S crude settling below the key $40 per barrel mark after a sixth straight week of record highs in stockpiles that ... Read More
china-markets

Asia markets slip amid Fed concerns, oil fall

24/03/2016(0)
Asia markets ended lower Thursday, amid fresh declines in oil prices and concerns the U.S. Federal Reserve may hike interest rates sooner than expected. Japan’s Nikkei 225 ended down 108.65 points, ... Read More
German Chancellor Merkel

German government advisers trim economic growth forecast

23/03/2016(0)
The German government’s independent panel of economic advisers has trimmed its growth forecast for this year to 1.5 percent, pointing Wednesday to growing risks to exports. The forecast compared ... Read More
crude

OPEC expects upsurge in oil prices with or without Iran

23/03/2016(0)
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
credit suisse

Credit Suisse accelerates its restructuring

23/03/2016(0)
Tidjane Thiam, Chief Executive Officer of Credit Suisse, commented: “Our recent performance has highlighted further two key areas of challenge for Credit Suisse: – Our fixed cost base, and ... Read More
Broker Cyprus TopFX