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Market

gold

Gold price at 1-month low

07/03/2017(0)
After its worst week since November, gold was drifting lower again on Monday with the metal coming under pressure from a stronger dollar and a looming interest rate hike ... Read More
A pump jack used to help lift crude oil from a well in South Texas’ Eagle Ford Shale formation stands idle in Dewitt County Texas

Oil prices hold steady for third day; eyes on economic data

07/03/2017(0)
Oil prices were little changed for a third session on Tuesday, with investors searching for direction as concern over rising U.S. shale output offsets production cuts by OPEC and ... Read More
central_bank_china

China unseats eurozone as world’s largest banking system

06/03/2017(0)
New analysis by the Financial Times shows China’s banking system has overtaken the eurozone to become the world’s biggest by assets. The status reflects the country’s increasing global influence ... Read More
Credit Suisse branch is seen in New York

Credit Suisse (UK) Limited appoints new CEO

06/03/2017(0)
Credit Suisse appointed Christian Berchem as Chief Executive Officer of Credit Suisse (UK) Limited, the UK Private Banking business, effective June 7, 2017, subject to regulatory approval. Christian will ... Read More
TimelineOpel

Peugeot owner to buy Open-Vauxhall creating Europe’s second-largest carmaker

06/03/2017(0)
Establishes PSA Group as #2 in Europe. This strong and balanced presence in its home markets will serve as the basis of profitable growth worldwide Joint venture in auto ... Read More
Oil-prices-petrol-pump

Oil prices fell in Asian trade on Monday

06/03/2017(0)
Oil prices fell in Asian trade on Monday, wiping out some of the gains of the previous session amid worries lower growth targets in China could cut oil demand ... Read More
gold

Central banks and gold

05/03/2017(0)
The very near future is likely to see a sea-change in central bankers’ attitude to the gold allocation in their reserves. The failure of G20 monetary policy since the ... Read More
venezouela

Venezuela running out of cash

04/03/2017(0)
The Central Bank of Venezuela says the country is down to just $10.5 billion in foreign reserves. At the same time, Caracas has to meet debt obligations of $7.2 ... Read More
A billboard displays the logo of Snapchat above Times Square in New York

Snapchat founders, investors cash out nearly $1 billion in Snap IPO

03/03/2017(0)
Snap Inc.’s initial public offering raised nearly $2.5 billion for Snapchat’s parent company, but it is also raising nearly $1 billion for the founders and early investors. Snap SNAP, ... Read More
global-forex-fx-trading-market-singapore-china-uk-swaps

Why All Exchange Rates Are Bad

02/03/2017(0)
The economics of exchange rates can be tough sledding. Every now and then, I post on the bulletin board beside my office a quotation from Kenneth Kasa back in ... Read More
Broker Cyprus TopFX