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Oil prices dip as focus returns to global supply overhang

August 25th, 2016 (0)
Crude prices dipped on Thursday as brimming U.S. and Asian fuel inventories returned investor attention to a large global supply overhang, cutting short a price-rally and restricting Brent crude futures to below the $50 a barrel mark. International benchmark ...

Brent crude oil prices dip on prospect of record Saudi output

August 18th, 2016 (0)
Oil prices dipped in early trading on Thursday as the prospect of record Saudi output weighed on markets and as traders cashed in on profits following an almost uninterrupted price rally this month of nearly 20 percent. International Brent ...

China’s Demand for Gold and its Implications for Fiat Currency

August 17th, 2016 (0)
  While financial market turmoil has led a number of countries to stock up on gold, China stands out from the rest due to the sheer quantity of gold it has purchased over the last couple of years. In 2015 ...

Oil prices: OPEC may finally take action if crude’s slide continues

August 9th, 2016 (0)
Oil’s recent dip back into the $30s per barrel may be enough to get some OPEC members to curb their bickering and consider joint action — especially if oil plummets again. Considering a deal and agreeing to one are ...

Moscow Exchange Announces 2Q 2016 Results

August 9th, 2016 (0)
Moscow Exchange (MOEX) today announces its financial results under International Financial Reporting Standards (IFRS) for the second quarter 2016. Earnings growth was supported by an increase in fee and commission income from all trading markets across the Exchange’s diversified ...

National Association of Forex Dealers accepts XTRADE

July 28th, 2016 (0)
The Board of Directors of the National Association of forex dealers (NAFD, the former name – CRFIN) in Russia has issued an announcement to inform that it decided to accept XTRADE Group operating under the brand XTRADE, in the ...

UHY: Major European economies levy among the highest property purchase taxes in the world

July 26th, 2016 (0)
European economies levy some of the highest property purchase taxes in the world on prime real estate, charging on average 4%, or USD 38,356, in tax on a property purchase of USD 1 million, reveals a new study by ...

UnionPay International accelerates the localization of its overseas business

July 21st, 2016 (0)
UnionPay International is accelerating the localization of its overseas business by enlarging card-issuing scale abroad, and by supporting overseas cardholders’ card-using in the local market, China as well as other countries and regions. Latest data show that, by the ...

Oil prices fall on oversupply concerns despite output cuts

July 19th, 2016 (0)
Oil prices eased on Tuesday as concerns over a crude and refined fuel glut outweighed an expected cut in U.S. shale production and a probable further draw in U.S. crude inventories. Crude prices fell more than 1 percent in ...

Aussie, Kiwi Sink on Rate-Cut Bets as Asia ex-Japan Stocks Fall

July 19th, 2016 (0)
S&P 500 futures slip as crude oil drops to about $45 a barrel Yen advances with U.S. Treasuries as ringgit weakens The Australian and New Zealand dollars dropped by the most this month as speculation mounted that their central ...
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