Search Results for: Oil
Day Of Reckoning: The Collapse Of The Too Big To Fail Banks In Europe Is Here
February 11th, 2016
There is so much chaos going on that I don’t even know where to start. For a very long time I have been warning my readers that a major banking collapse was coming to Europe, and now it is ...
Gold demand resilient in 2015 as central banks and consumers spur strong H2 recovery
February 11th, 2016
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 to the year, gold demand rebounded in the second half ...
Asia markets close mixed; Hong Kong shares tumble
February 11th, 2016
Asian markets closed mixed on Thursday as investors digested remarks from Federal Reserve Chair Janet Yellen and oil remained volatile. Hong Kong’s Hang Seng index, which resumed trading today after being shut from Monday through Wednesday for the Lunar New ...
Yellen – Fed not likely to reverse course on rates despite risks
February 11th, 2016
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 have raised risks to the U.S. economy, Fed Chair Janet ...
Deutsche Bank shares soar 11% on bond buyback speculation
February 10th, 2016
Deutsche Bank shares have bounced back, after hitting a 30-year low on Tuesday, on reports that it will instigate an emergency bond buyback plan. Shares in the bank soared more than 11% to €14.72 (£11.43) in Frankfurt on the ...
The five fears stalking the global banking industry
February 10th, 2016
China, emerging markets, the eurozone, oil and commodities all pose a threat to the banking sector this year Banking shares have come under pressure this week as investors express fears that the sector will be badly hit by a global ...
Nikkei extends losses with banks, commodities stocks under pressure
February 10th, 2016
Monkeys threw a wrench into Asian markets in the Lunar New Year’s first week of trading, with sharp sell-offs in Japan, Singapore, and Down Under on Wednesday. In Australia, the S&P/ASX 200 lost 56.37 points, or 1.17 percent, to close at ...
Greek Prime Minister Tsipras Meets With Iranian Leaders in Tehran
February 9th, 2016
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 visit Iran since the lifting of trade sanctions against the ...
Tax rise risk from George Osborne’s ‘inflexible’ budget target
February 9th, 2016
Chancellor George Osborne’s “inflexible” budget surplus target may mean sudden tax rises or spending cuts, independent economists suggest. The Institute for Fiscal Studies (IFS) said that Mr Osborne’s pledge to run a budget surplus “in normal times” from 2019-20 ...
Europe Stocks at Recession Prices Show Growth Faith Falters
February 9th, 2016
Euro Stoxx 50 had its largest two-day slump since August Shares now trade at biggest discount in a year vs U.S. stocks For European investors trying to assess just how bad sentiment is right now, consider this: the last ...
