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Market

Economists

Price controls and propaganda

05/02/2017(0)
Most economists agree on one thing; price controls do not work. Many go on to say they create shortages of goods, which inevitably drives black market prices even higher ... Read More
A billboard displays the logo of Snapchat above Times Square in New York

Snap has officially made public its filings for an IPO

04/02/2017(0)
Snap, owner of messaging platform Snapchat, has finally made public its filing for an initial public offering (IPO). The company made many of its financial details public for the ... Read More
deutsche-bank

Deutsche Bank reports core capital ratio of 11.9% despite 2016 full year net loss of EUR 1.4 billion

03/02/2017(0)
John Cryan, CEO, said: “Our results for the year 2016 were heavily impacted by decisive management action taken to improve and modernise the bank, as well as by market ... Read More
A worker checks the valves at Al-Sheiba oil refinery in Basra

Oil edges up on threat of U.S. issuing new Iran sanctions

03/02/2017(0)
Oil prices edged up on Friday on news that U.S. President Donald Trump could be set to impose new sanctions on multiple Iranian entities, firing geopolitical tensions between the ... Read More
wall-street

The honeymoon is over: Wall Street is finally taking Trump literally

02/02/2017(0)
By itself, the 230-point drop in the Dow Jones Industrial Average DJIA, -0.16%  this week wasn’t earth shattering: 1% gains and losses happen all the time. But the clattering ... Read More
Janet Yellen

Non-committal Fed drives down dollar, dampens stocks

02/02/2017(0)
The dollar slipped to a 12-week low on Thursday and stock and bonds markets both showed caution after the U.S. Federal Reserve stuck to its mildly upbeat view of ... Read More
theworldbank

World Bank is forecasting Industrial Commodities Prices to Surge in 2017

02/02/2017(0)
The World Bank is forecasting strong gains for industrial commodities such as energy and metals in 2017, due to tightening supply and strengthening demand. In its January 2017 Commodity ... Read More
George-Soros

Soros’s bad bet against Trump cost his clients $1bn

02/02/2017(0)
George Soros’s hedge fund was one of the biggest losers of 2016, as the Hungarian-born billionaire’s misplaced investments turned into a $1 billion loss for his clients, according to ... Read More
bank buildings

What a leaked EU report says for Brexit

02/02/2017(0)
The European commission’s Brexit negotiators must strike a “workable” deal with Theresa May’s government to protect the City of London or the economies of the remaining member states will ... Read More
U.S. dollar notes are seen in this picture illustration

Iran prepares to stop using the dollar as anger builds over Trump ban

01/02/2017(0)
Iran says it is preparing to stop using the dollar in its official statements – a move that had been in the offing but appears to have been expedited ... Read More
Broker Cyprus TopFX