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News Analysis

gold-l-reuters

Gold demand resilient in 2015 as central banks and consumers spur strong H2 recovery

11/02/2016(0)
Global gold demand in 2015 was virtually flat compared to 2014 at 4,212 tonnes (t), according to the World Gold Council’s latest Gold Demand Trends report. Despite a challenging start ... Read More
High-gas-prices

Oil prices fall on U.S. storage glut, ongoing economic woes

11/02/2016(0)
Oil prices slid on Thursday as record U.S. crude inventories at the Cushing delivery point and worries about a global economic slowdown weighed on markets, and Goldman Sachs said ... Read More
yellen - Fed

Yellen – Fed not likely to reverse course on rates despite risks

11/02/2016(0)
The Federal Reserve is unlikely to reverse its plan to raise interest rates further this year, but tighter credit markets, volatile financial markets, and uncertainty over Chinese economic growth ... Read More
oil

OPEC expects rivals to pump out less oil in 2016

10/02/2016(0)
Oil cartel OPEC has cut its forecasts for how much its rival producers will produce in in 2016, while the 12-member group continues to ramp up its own production ... Read More
Bijan-Zangeneh

Iran ready to discuss oil with Saudis

10/02/2016(0)
Iran’s Oil Minister Bijan Zangeneh said on Tuesday that Iran is ready to negotiate with Saudi Arabia over the current conditions in international oil markets. “We support any form ... Read More
oil

IEA releases Oil Market Report for February

10/02/2016(0)
As signs of a demand slowdown surface, higher OPEC output only partly offsets non-OPEC decline Having peaked, at a five-year high of 1.6 million barrels per day (mb/d) in ... Read More
tsipras-tehran

Greek Prime Minister Tsipras Meets With Iranian Leaders in Tehran

09/02/2016(0)
Greece hopes to become an economic link between Iran and EU now that sanctions are lifted Greek Prime Minister Alexis Tsipras on Monday became the first Western leader to ... Read More
oil

No Agreement on OPEC Meeting After Venezuela Meets With Saudi Arabia

09/02/2016(0)
The prospects for an emergency OPEC meeting to initiate coordinated production cuts took a hit this weekend. Venezuela’s oil minister Eulogio del Pino flew to Riyadh to meet with ... Read More
Italian flag

Italy’s bad bad bank

08/02/2016(0)
Europe’s plan for a bad bank in Italy, it turns out, is to not have a bad bank at all. Given how long it has taken, any news is ... Read More
saudi-arabia

Saudi economy is resilient, says World Bank expert

08/02/2016(0)
Saudi Arabia has five years’ worth of reserves at current spending levels and oil prices, Shantayanan Devarajan, chief economist of the World Bank’s Middle East and North Africa Region ... Read More
Broker Cyprus TopFX