So much for that agreement to freeze output. The latest oil market data reveal that both Russia and Saudi Arabia ramped up their oil production in February, despite talks about supply ... Read More
Asian stocks fell on Tuesday after the Bank of Japan painted a gloomier view of the world’s third-largest economy, but the yen firmed as policymakers appeared to back away ... Read More
Hungary’s central bank is set to lower its main lending rate and adjust its overnight rates to try to rekindle inflation, one of the central European country’s top central ... Read More
ECB chair Mario Draghi delivered big-time this morning by announcing lower interest rates and a new round of debt monetization. Historically, this kind of thing has sent the financial ... Read More
This article notes that the technical situation for the gold price has sharply improved, to the evident surprise of many mainstream analysts. It discusses possible reasons behind the turnaround, ... Read More
Two hundred and twenty-two years after John Stone patented the pile driver, and the oil market is trying to dodge getting hammered today. After yesterday’s EIA-inspired hullabaloo, oil is ... Read More
Asia markets reversed early losses to trade mostly higher on Friday, as traders digested fresh easing from the European Central Bank (ECB) overnight. The Japanese benchmark Nikkei 225 erased losses to ... Read More
Lending program can lock in ultra-low rates until next decade ECB action provides rebuttal to doubts over central bank power Whether Mario Draghi’s latest barrage of stimulus works or ... Read More
China’s central bank is preparing regulations that would allow commercial lenders to swap non-performing loans of companies for stakes in those firms, two people with direct knowledge of the ... Read More
RBNZ surprises with interest rate cut, signals more easing Euro slips amid expectations of further ECB easing steps Loonie firms after Bank of Canada holds pat on policy The ... Read More
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