Category Archives: Banking

Read More

Is Turkey heading for a financial crisis?

In Istanbul, Turks shout slogans and wave flags during a demonstration at Taksim Square in support of Turkish President Recep Tayyip Erdoganin, 17th July 2016 ©Marius Becker/DPA/PA Images The military coup in Turkey last Friday night was over almost as quickly as it began. Political analysts have much explaining to do when it comes to issues such […]

Read More

European, Japanese markets up as UK chooses new PM

Japan’s Abe has supported the yen’s fall as a means to reinvigorate the economy [Xinhua] European markets opened largely up on Tuesday as fears of Brexit’s adverse effects on the continent subsided and the UK smoothly transitioned to a new prime minister. On Monday, the UK Conservatives’ Theresa May emerged as the sole candidate for […]

Read More

Matthew Slater on scaling trust with Credit Commons

By: Bruno Chies Interview conducted on 29 May 2016, Paris, France. Part 1 of 2. Matthew Slater is a community currency engineer. He proposes a technology that will scale trust and solidarity beyond the local level, for communities running their economy with their own currencies. ‘You could do the whole global economy that way’, Slater […]

Read More

The pros and cons of the Bank of Canadas interest rate cut

TORONTO – In slashing its key interest rate to 0.5 per cent, the Bank of Canada is aiming to boost both consumer spending and business investment by providing cheaper access to capital. But the rate cut could also pose some risks to the country’s economy. Here is a look at some of the positive and […]

Read More

Gold Surges over Disappointing Jobs Number

Gold Surges over Disappointing Jobs Number Commentary for Friday June 3, 2016 (www.golddealer.com) Gold closed up $30.90 on the Comex today at $1240.70 so it continues to surprise. Of course the reason gold popped to the upside was the dismal jobs’ number. This was not what Janet Yellen and crew were looking for in an […]

Read More

Saudi Arabia Dipping Toe in Capital Markets Pool

Saudi Arabia is one of the largest oil producing regions in the world, accounting for 16% of the world’s proven petroleum reserves. As of 2015, crude accounted for roughly 80% of government revenues, 45% of GDP, and 90% of earnings from exports. Though crude oil has recently managed to briefly climb back above $50.00 per […]

Read More

GBP/AUD Exchange Rate at Three-Month Best after UK Sales Figures

‘Brexit’ poll suggested strong ‘Remain’ campaign lead – Pound Sterling buoyed across the board Hawkish FOMC minutes raised odds of June rate hike – Australian Dollar undermined by increased risk aversion Pound extended bullish run on UK retail data – April sales rose 4.3% on the year GBP/AUD exchange rate forecast to lose ground on […]

Read More

3 Things That Can Change Everything for Women

By Raj Kumar, Devex Women everywhere are on the cusp of having three things that can change their lives: an ID card, an Internet connection and a bank account. Consider the ID card. It’s more than just a document. It’s a ticket to making a claim for land rights. To applying for government services like […]

Read More

GBP/USD Exchange Rate Trended Higher After BoE Decision & Inflation Report

Stronger US wholesale inventories failed to improve odds of Fed rate hike Pound trended higher ahead of BoE ‘Super Thursday’ releases Fed speakers prompt US Dollar movement Downgrade to BoE inflation forecast to dent GBP/USD exchange rate Hawkish Fed Commentary Shored up US Dollar (USD) Demand Comments from Kansas City Fed President Esther George helped […]