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Oil prices dip on caution ahead of U.S. jobs data

September 4th, 2015 (0)
Oil prices eased on Friday as investors turned cautious ahead of U.S. jobs data that is expected to play into the Federal Reserve’s decision on the timing of any U.S. rate hike. Oil stuck to a narrow range and ...

Cooperation holds the key to oil’s future

September 1st, 2015 (0)
OPEC Bulletin Commentary July-August 2015 International crude oil prices in July suffered their largest monthly decline since Lehman Brothers collapsed in the United States in 2008, marking the onset of the global financial crisis. Today’s continuing pressure on prices, brought ...

Is the EU losing the Western Balkans? What local experts think

August 31st, 2015 (0)
No business as usual in the Western Balkans The Western Balkans remain Europe’s unfinished business, not only for the continuing stalemate in Bosnia or tensions in Macedonia and Northern Kosovo, but also because broader geopolitical developments shaping the EU’s ...

Oil markets extend gains after biggest daily climb in six years

August 28th, 2015 (0)
Crude oil futures rose on Friday, adding to their biggest one-day rally in over six years the day before, led by recovering equity markets and news of diminished crude supplies. U.S. crude are on track for their first weekly ...

Bank of Cyprus: Group Financial Results for the six months ended 30 June 2015

August 27th, 2015 (0)
Key Highlights • Improving funding structure; loans to deposits ratio (L/D) declined to 136% (138% at 31 March 2015) and customer deposits accounting for 54% of total assets (51% at 31 March 2015) • ELA reduced by €1 bn ...

U.S. Stocks Come Charging Back

August 27th, 2015 (0)
Six-day losing streak ends as Fed official calls case for September rate increase ‘less compelling’ Stocks snapped a six-day losing streak Wednesday, soaring by the highest percentage in nearly four years amid signs of strength in the U.S. economy ...

Oil Price Collapse Triggers Currency Crisis In Emerging Markets

August 24th, 2015 (0)
Emerging market currencies are getting slammed by the collapse in commodity prices, a downturn that has accelerated in recent weeks. The health of many middle-income and emerging market economies has been predicated on relatively strong commodity prices. A whole ...

China chooses her weapons

August 22nd, 2015 (0)
China’s recent mini-devaluations had less to do with her mounting economic challenges, and more to do with a statement from the IMF on 4 August, that it was proposing to defer the decision to include the yuan in the ...

Malta-based hedge fund involved in $100 million fraud

August 13th, 2015 (0)
US authorities file complaint against Exante Ltd, a Malta-based hedge fund, involved in international securities fraud scheme The US Securities and Exchange Commission (SEC) yesterday announced fraud charges against 32 defendants for taking part in a scheme to profit ...

Gold demand falls in Q2 2015

August 13th, 2015 (0)
Gold demand falls in Q2 2015 as reduced consumer appetite in Asia outweighs increased buying in some western markets The World Gold Council’s Gold Demand Trends report for Q2 2015 shows total demand was 915 tonnes (t), a fall of 12% ...
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