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Fed cut interest rate expectations

European stocks fell in the early trading on Friday from their highest level in two weeks after the Federal Reserve’s decision (US central bank) to postpone raising interest rates. STOXX index 600 fell 0.4% after reaching its highest level on the
bou teen

Putin: Freezing oil production is the right decision.

Oil prices fell by more than three percent on Thursday, heading toward its biggest weekly loss since January, with investors ignoring the conversations that might freeze OPEC production. Investors focused on government data issued on Wednesday showing an increase of 2.3
Week-in-Review

Weekly Market Updates

The Federal Reserve Board Meeting of the monetary policy committee for the month of July showed that some policy-makers who have the right to vote believe that there is a need to raise interest rates in the United States soon. The
goldz

Gold hikes as England cut rates

Gold started steady in Asian trading on Friday as investors await the job data in the United States. The price of gold rose 0.12 percent to $ 1362.45 per ounce. US Gold contracts increased 0.15 percent to $ 1369.40 per ounce.
Draghi espera que la zona euro crezca modestamente en el segundo semestre

Draghi encouraged investors & kept rates unchanged

European Central Bank President Mario Draghi considered that it is too early to assess the repercussions of the British vote in favor of their country’s exit from the European Union on the fragile economic recovery in the euro zone. Officials kept
US oil

Drop in US Oil Inventories

Oil prices rose, supported by a new drop in US crude stocks and a weak dollar, despite the oversupply of refined products and concerns about economic growth. Crude oil prices were influenced by the American Petroleum Institute, which showed a decline
brexituk-election

Historical day in UK… Who’s next ?

Britons voted in an historic referendum in favor of the United Kingdom exit from the European Union. Electoral Commission announced that 17.4 million people voted out of the European Union, compared with 16.1 million voted for remain. About 30 million people
Brexit 55

British Referendum… In or Out ?

The European Union faces a dilemma which may determine the fate of its presence after the withdrawal of Switzerland’s application to join the union and the prospect of Britain exit. The Swiss parliament has approved a resolution to withdraw the request
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OPEC: New Security General

“OPEC” failed on setting a target level of production at its meeting yesterday, but agreed to appoint a new Secretary General Mohammad Barkindo “candidate of Nigeria”, the first new person who takes the post in about ten years. The new Secretary