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April 26, 2018 - 8:38:32 AM

China urges ditching dollar & euro trade with Russia in favor of national currencies

There is no need for Russian and Chinese businesses to pay each other in dollars and euros, when they can settle in rubles and yuan, according to Zhou Liqun, chairman of the Union of Chinese Entrepreneurs in Russia.

April 26, 2018 - 8:31:45 AM

Markets Better Prepare for Stagflation

By all metrics, inflation is heating up. But it’s not clear the same can said for underlying economic activity.

April 26, 2018 - 8:28:47 AM

Russia makes billions after US sanctions turn ruble to rubble

The latest US sanctions, which sent the Russian currency to its steepest drop in the past three years, surprisingly helped to boost the country’s budget with an extra 232 billion rubles ($3.8 billion).

April 19, 2018 - 7:01:01 AM

Gold bullion to rally on weaker dollar, rising US inflation & deficit

The second quarter expects to see another gold rally pushed by strong physical demand and the weaker US dollar, according to Boris Mikanikrezai, precious and base metals strategist at Metal Bulletin.

April 19, 2018 - 6:58:55 AM

European markets set to rally amid earnings; oil prices hit multi-year highs

European markets are set to rise on Thursday morning, as soaring oil prices triggered a broader rally across commodities.

April 19, 2018 - 6:57:17 AM

James RICKARDS : The Empire State Moves Against Bitcoin

Bitcoin got hammered yesterday after New York Attorney General Eric Schneiderman announced an investigation into some of the major cryptocurrency exchanges.

April 18, 2018 - 6:20:36 AM

Oil prices rise on crude supply worry, Wall Street strength

Oil prices rose on Tuesday, as support from the possibility of supply disruptions and a strong equities market offset the effects of profit-taking following last week's rally above three-year highs.

April 18, 2018 - 6:16:21 AM

IMF says global economy will slow after 2019

The global economy is still on an upswing, but the good times may not last beyond the next year or two.

April 18, 2018 - 6:15:18 AM

China central bank announces surprise cut in bank reserve requirements

China's central bank said on Tuesday it will cut the amount of cash most commercial and foreign banks.

April 17, 2018 - 3:56:21 AM

Bear Markets Can Steal 50% Of Your Gains

Retail investors and the financial press only recently started to worry about bear markets after stocks have already experienced a substantial decline.

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