Emerging Market Currencies Are the Worst Performers

Emerging Market Currencies Are the Worst Performers

The emerging market currencies are the biggest looser of the slowly unfolding currency war and since the global financial meltdown. The devaluation has been regarded for many as wake-up call to reform their economies. The officials are already drawing new plans […]

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The Strong Dollar Weakens American Companies Profit Outlook

The Strong Dollar Weakens American Companies Profit Outlook

The foreign subsidiaries of U.S. companies are suffering from the robust dollar. American firms had a rocky beginning in 2015 as their profits from overseas subsidiaries dropped significantly. Is the strong U.S. dollar to blame for the fall? Two Fed economist might […]

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Russia Faces Longest Depression in Decades with Sanctions and $50 Oil

Russia Faces Longest Depression in Decades with Sanctions and $50 Oil

The Russian economy is heavily dependent on crude prices and the latest slump in the oil market means Russia’s recession might continue in the next year. The first economic downturn since 2009 seemed to fade away as oil price increased 40 percent from […]

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Saudi oil exports drop, U.S. slashes drill rigs and oil price? Falls!

Saudi oil exports drop, U.S. slashes drill rigs and oil price? Falls!

Oil prices just can’t get enough of bears despite the latest bullish news. The Saudi Arabian crude exports are in five months low despite record production, while the accelerated U.S. drilling output seen few weeks ago appeared to peter out. The […]

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The Gold Plummets, Lowest Since 2010

The Gold Plummets, Lowest Since 2010

Six years long traders and investors trying to calculate how much gold China possess. The announced results on Friday however were disappointing. China had bullion assets to about 1,658 metric tons, less than brokers at HotForex Ltd. and Sharps Pixley Ltd. predicted. […]

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Beware Traders, Bumpy Week Ahead: Greece, China, Yellen

Beware Traders, Bumpy Week Ahead: Greece, China, Yellen

There are plentiful reasons next week to be cautious in the markets. Traders buckle up, the global economic roller coaster begins. The euro zone finance ministers are working trough the weekend to rescue Greece from its financial abyss. Mr. Tsipras is […]

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Agreement with Greece is Improbable Today, Admit EU Officials

Agreement with Greece is Improbable Today, Admit EU Officials

The finance ministers of euro zone said they were unlikely to finalize a deal on the framework of a third Greek bailout, cutting off Greece from the badly needed cash boost. Germany led group within the euro zone countries are staunchly […]

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Putin Talks Against U.S. Debt as He Stands Up for Greece

  The global economy has ‘serious problem’ due to the reckless U.S. borrowing told Russian President Vladimir Putin while at the same time defending Greece as the victim of the debt crisis. “It’s a serious problem not just for the […]

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Surplus and rising appetite in the oil markets: lukewarm prospects

Surplus and rising appetite in the oil markets: lukewarm prospects

The drowsy oil market since 2013 will seemingly continue in the next six months as well. The $5 crude range is the narrowest in 19 months while the volume was the lowest since December. The open interest – the number of outstanding […]

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Merkel rules, Tsipras learns the hard lesson

Alexis Tsipras is betting against the odds: further displeasing Angela Merkel. Angela Merkel’s discontent paved the way for the former Italian prime minister Silvio Berlusconi and Greek leader George Papandreou to their political graveyard. Tsipras used up all the goodwill he […]

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