Market News


23 Nov: Why Copper rises like there is no tomorrow

The copper bull market looks like it’s just warming up. It seems that we are in the early part of this boom and yet the media isn’t paying much attention to it. Copper is on the rise when the industry is booming. In short, copper is used in nearly every major industry of the world: transportation, engineering, machinery and equipment, electrical, building, automotive and computer.Thanks to significant demand worldwide, the base metal has outpaced all of its higher-profile precious peers by a significant margin over the last several weeks. In the short term we can observe price swings and the bears waiting for a major correction. However the long term picture -monthly view – paints a different picture telling us that this is only the beginning.

Italy Banking Sector

26 Oct: Italy’s banking sector staring into the abyss

The financial sector is on the brink of collapse. The country that probably gave the English-speaking world the word for bank – medieval Italian merchants traded with each other on a bench known as banca – has a €360bn problem in its fragmented banking sector. This is the amount of non-performing loans, loans on which customer’s repayments have fallen behind.

Market News

05 Apr: Market News – April 5 2016

The VIX equity volatility popped over 10% higher singaling a possible trend change for the S&P500. That could give the VIX another leg up to 18-20 area that prevailed earlier in March. The major indices are falling of the cliff and it’s about time for the S&P500 to follow their lead. The Nikkei lost a whopping 34% since its recent highest high in 2015.

Market News

31 Mar: Market News – March 31 2016

FOMC is still on course to increase rates this year according to comments from a number of Fed officials. Analysts continue to forecast 25 bp increases in June and December. Yellen’s dovish speech on Tuesday imparts non-negligible risk to that outlook. She outlined a number of uncertainties to the outlook, including still slow growth, especially noting China and the potential bearish spillover across the Asian regions.

Market News

30 Mar: Market News – March 30 2016

After a 6 month investigation into the global oil industry it was revealed that billions of dollars of government contracts were awarded as the direct result of bribes paid on behalf of companies including Halliburton, its former subsidiary KBR, Rolls-Royce and Samsung. They counted on Unaoil to funnel the bribes and to secure lucrative contracts in Iraq, Kazakhstan, Libya, Syria, Tunisia, and other countries in Africa, the Middle East, and the former Soviet Union.