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Gold Prices Remain High While Other Precious Metals Drop

  •  Published by Pete Nisbet on   June 7, 2017  


Gold prices were held close to a seven-year high Wednesday. The UK election due Thursday has generated a degree of instability in various markets.  The situation was made more complicated by the increase in the US dollar against the euro.  This happened because reports were circulated that the ECB [...]

US World Economics Policy Reeks of Protectionism Say Six of G7 Members

  •  Published by Pete Nisbet on   May 14, 2017  


The US world economics policy is raising fears of American protectionism and a reduction in international cooperation.  So say six of the G7 members after a recent meeting in Southern Italy.  According to Americans, the view of the US on word economics is gradually being accepted by the world’s [...]

Cheniere Energy Shares Rise Friday after News of LNG Deal with China

  •  Published by Pete Nisbet on   May 14, 2017  


Cheniere Energy shares rose by over 3%  Friday.  Stock rose after it was revealed that Cheniere Energy had been holding talks with state-owned Chinese firms to increase exports of liquefied natural gas to China. [...]

Fed Rate Hike Seems Most Likely in December If At All in 2016

  •  Published by Pavan Lipare on   September 14, 2016  


A Fed rate hike this year is still not certain. American banking group Goldman Sachs has increased the odds of a December interest rate hike from 30% to 40%. The odds of a Fed rate hike rise in September have been dropped from 40% to 25%. There has been no indication from the Federal Reserve of any [...]

Dell EMC $67 Billion Takeover Completed But Not Without Job Losses

  •  Published by Pete Nisbet on   September 9, 2016  


The Dell EMC takeover was completed Wednesday and will result in the loss of between 2,000 and 3,000 jobs. When the likelihood of the takeover was declared last October, it was feared then that there would be job losses, and so it has proved. It was announced Wednesday that Dell Technologies complet [...]

Joules Brand Pre-Tax Profits up 41% on Last Year

  •  Published by Pavan Lipare on   September 7, 2016  


The Joules brand pre-tax profits were up 41% on last year.  For the year ending May 29, the company had made £7.5 million before tax. Joules is a UK brand of clothing that experiences strong sales in the UK and in many countries abroad, particularly Germany and the USA.  It is a brand that appear [...]

US Stocks Flat as Bank of England Cuts Interest Rate

  •  Published by Pete Nisbet on   August 4, 2016  


US stocks flat as Bank of England take steps to deal with slowing economy. The Bank of England has announced a number of measures design to halt the slowdown in the UK economy.  Among these are a 50% cut in the interest rate, from 0.5% to 0.255.  This is the lowest the UK interest rate has ever be [...]

AIG Share Buyback to Resist Calls For Breakup

  •  Published by Rajesh Namase on   August 3, 2016  


AIG share buyback as the company resists calls for breakup:  Insurance giant, American International Group, is planning to buy back $3 billion in shares as it resists a call for it to break up its business to improve profitability. AIG share prices had dropped 12% this year so far, but rose 1.5% [...]

Japanese Economy – Japan Stimulus Package Approved by Cabinet

  •  Published by Pavan Lipare on   August 2, 2016  


A new economic stimulus package worth over 28 trillion yen ($275 billion) was approved by Japan’s Cabinet Tuesday. The Japanese economy has been in poor health for a while, and previous recovery attempts have been stalling. Yoshihide Suga stated that Prime Minister Shinzo Abe’s package had be [...]

US Economy Growth Slowing Down – Interest Rate Hike?

  •  Published by Pete Nisbet on   July 29, 2016  


US economy growth is slowing down. How long will this last? Growth of the US economy slowed down in the second quarter of this year. April to June, the economy increased by only 1.2%, well below the forecasted figure of 2.6%. There had also been a reduction in the US economy growth forecast for t [...]