German inflation disappointed, Spain finally out of negative territory
Jun 30, 2015 09:49 am UTC| Commentary
Yesterday Spain and Germany published their national statistics. Spanish inflation finally rebound out of negative territory being 0.0 % y/y from -0.3 % in May, is a good news.German inflation disappointed being only 0.1...
EU Commission lowers estimate of EU soft wheat and rapeseed crops in 2015/16
Jun 30, 2015 09:44 am UTC| Commentary
In its June estimate of EU soft wheat production in 2015/16, the European Commission has undertaken a further downward revision and now expects only just shy of 140 million tons. This is 1.5 million tons down on the May...
Demand for gold coins in Europe & US picks up due to Greek crisis
Jun 30, 2015 09:42 am UTC| Commentary
The uncertainty over what will happen next in Greece should contribute to solid demand for gold and shore up the gold price.As a number of coin retailers reported yesterday, demand for gold coins in Europe grew...
Agreement in nuclear talks with Iran unlikely today
Jun 30, 2015 09:39 am UTC| Commentary
Today is the deadline by which a solution was finally supposed to be found in the nuclear talks with Iran, but opinions still differ about when sanctions should be lifted and how long Iran has to agree to its nuclear...
Gold price unaffected by Greek crisis
Jun 30, 2015 09:39 am UTC| Commentary
The situation on the gold market calmed down quickly again yesterday following the initial turmoil and the gold price shed all of its gains again.This morning sees gold trading at $1,175 and 1,050 per troy ounce...
Speculative financial investors withdraw from Brent for the seventh consecutive week
Jun 30, 2015 09:35 am UTC| Commentary
Oil prices fell sharply yesterday, both Brent and WTI shedding approx. 2%. Brent closed trading at $62 per barrel, its lowest closing price since mid-April, and is trading only marginally above this mark this morning. At...
Nuclear Agreement talks with Iran unlikely today, oil prices likely to fall
Jun 30, 2015 09:32 am UTC| Commentary
Today is the deadline by which a solution was finally supposed to be found in the nuclear talks with Iran, but opinions still differ about when sanctions should be lifted and how long Iran has to agree to its nuclear...
Canadians are feeling increasingly powerless amid economic struggles and rising inequality
Another election, another round of Nigel Farage hype, with no lessons learned