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Iraq Says to Trail Consensus at Next Month&...

Apr 27, 2017Comments off

Iraq said it will simply go with the flow when OPEC convenes in Vienna this May to determine whether to prolong output accord, according to

Bitcoin Rallies Past $1,300 amid Investor W...

Apr 27, 2017Comments off

Bitcoin surpassed the $1,300 benchmark, closing into its all-time peak despite growing apprehensions among investors. Certain investors have become increasingly concerned. The buy and sell

All Eye On Q1 Earnings

Apr 27, 2017Comments off

Shutterstock photo As investors sift through a rather vague tax cut proposal that Treasury Secretary Steve Mnuchin asserts “will pay for itself” but House Ways

Several Developments Ahead Of The ECB Meeti...

Apr 27, 2017Comments off

Shutterstock photo The ECB meeting and the press conference that follows it is the main event.  However, it has had to compete with the Bank

European Stocks Retreat as Miners Decline A...

Apr 27, 2017Comments off

European stocks ended their six day rally as investors braced for the European Central Bank’s policy decision and President Mario Draghi’s comments on the outlook

Asian Markets Ended Mostly Higher as Trump ...

Apr 27, 2017Comments off

Asian equities finished mostly higher as investors digest details on U.S. President Donald Trump’s tax reform plans. Japan’s benchmark Nikkei 225 slipped 0.19 percent at

RBA Policymaker Steps Up Interest Rate Stan...

Apr 27, 2017Comments off

A Reserve Bank of Australia official pointed out a recent surge in jobless rate does not translate to weak economy. RBA policymaker Ian Harper said

SNB Records $7.95 Billion Quarterly Profit

Apr 27, 2017Comments off

Switzerland’s monetary authority said gains from its foreign reserves translated to a 7.9 billion francs ($7.95 billion) profit in the first quarter of 2017. The

Oil Prices Slide on Persistent Oversupply F...

Apr 26, 2017Comments off

Crude prices edged down as the market’s sentiment continued to be weighed down by oversupply concerns. But traders argued that prices currently seemed to be

Deutsche Bank’s First Quarter Profit Swin...

Apr 26, 2017Comments off

Deutsche Bank’s first quarter earnings increased by more than twofold as Germany’s biggest lender benefited from the increase in market activity at the start of