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News Analysis

Eurostat

Euro area annual inflation down to -0.2%

29/02/2016(1)
Euro area annual inflation is expected to be -0.2% in February 2016, down from 0.3% in January, according to a flash estimate from Eurostat, the statistical office of the ... Read More
natural gas pipes

Russian gas from Greece to Italy; the New project

29/02/2016(0)
Gazprom revives ‘Poseidon’ Adriatic link Gazprom has revived a project that would see an offshore pipeline built to bring Russian gas from Greece to Italy. The new project is ... Read More
Gulf countries

Arab States Face $94 Billion Debt Crunch on Oil Slump, HSBC Says

29/02/2016(0)
$52 billion of bonds, $42 billion of loans due this, next year Refinancing challenging with slow growth, rating downgrades Gulf Cooperation Council countries may struggle to refinance $94 billion ... Read More
gold-rupee

Gold Becomes the Biggest Winner of 2016

29/02/2016(0)
Money managers boost net-long positions to highest in a year Inflows to SPDR Gold Shares beat all other U.S. ETFs Gold’s comeback is dominating 2016. The precious metal is ... Read More
g20

UK EU exit would be global economy ‘shock’ – G20 leaders

29/02/2016(0)
Finance ministers from the world’s leading economies have warned of a “shock” to the global economy if the UK leaves the EU. The ministers gave their opinion in a ... Read More
G-20 - Finance Ministers

G-20 Wants Governments Doing More, and Central Banks Less

29/02/2016(0)
Fiscal pledges lack specifics, risking market disappointment Concern voiced over currency wars after BOJ rate surprise Finance chiefs from the world’s top economies committed their governments to doing more ... Read More
oil

Oil Prices up on Strong U.S. Data and Lower Oil-Rig Count

29/02/2016(0)
Crude oil prices rose in early Asian trade Monday, buoyed by hopes that a fall in U.S. oil rigs would ease excess supply while stronger consumer spending in that ... Read More
lloyds

Lloyds profits fall on PPI claims

25/02/2016(0)
Lloyds Banking Group has reported a 7% fall in annual pre-tax profits to £1.6bn compared with £1.8bn a year earlier. The bank increased provisions for payment protection insurance (PPI) compensation ... Read More
vgenopoulos

Vgenopoulos: there’s no point in Cyprus continuing to investigate me

25/02/2016(0)
There are no ongoing investigations in Greece into allegations of wrongdoing by former Laiki Bank strongman Andreas Vgenopoulos, and such investigations in Cyprus have no point, the embattled financier ... Read More
business_hsbc

Brexit could wipe 20% off sterling: HSBC

25/02/2016(0)
Separating from the European Union could trigger a 20 percent drop in sterling and shave 1.5 percentage points off the British economy, HSBC has warned. The doom-laden report released Wednesday ... Read More
Broker Cyprus TopFX