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Trading News

Low oil prices exert pressure on the economy of Saudi Arabia

Low oil prices exert pressure on the economy of Saudi Arabia

According to Bloomberg, a major publishing house, the economy of Saudi Arabia is under severe pressure due to low oil prices. In particular, this is evidenced by the decline in consumer spending in


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European indices reacted negatively to the bombing in Brussels

European indices reacted negatively to the bombing in Brussels

The situation on European markets plummeted after the terrorist acts in the capital of Belgium. The Euro Stoxx 50composite index in particular fell by more than one and a half percent. The fall in


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Dow Jones predicts the decline in output of OPEC

Dow Jones predicts the decline in output of OPEC

The primary effect of trading on Thursday, February 12th, 2016 was caused by pessimistic mood. However, the situation began to change shortly before the end. The quotes of WTI grade oil that day


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Another Fed’s mystery

Another Fed’s mystery

A two-day speech of the Fed’s chair – Janet Yellen has caused more questions to be raised, than to give answers. A lot of experts have been previously predicting some possible scenarios of the


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Are we about to face a new economic crisis?

Are we about to face a new economic crisis?

According to one of the world's largest financiers we are about to face a repeat of 2008. George Soros stated this recently in one of his interviews. According to George Osbornethe, Minister of


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