Tuesday, April 23, 2019

In sign of oil rebalancing, North Sea floating storage shrinks

The volume of global price benchmark North Sea crude being held in floating storage has declined sharply since mid-August, according to shipping data and trade sources, a sign that a long-awaited market rebalancing...

McDonald’s Is Launching a Line of Bottled Coffee Drinks

Look out, Starbucks: McDonald’s is now taking aim at the coffee giant’s bottled coffee beverage business, with plans to launch its own line of ready-to-drink McCafe products in 2018, the Chicago Tribune reports. Looking awfully...

Volume of retail trade down by 0.3% in euro area

Although compared to the previous year, retail sales index increased by 2.6% Comparing July 2017 with June 2017, the seasonally adjusted volume of retail trade fell by 0.3% in the euro area (EA19) and...

Diamond Prices Slide in August

Diamond prices remained under pressure with slow trading during the August vacation period. Liquidity and profitability tightened during the summer, but suppliers are optimistic that trading will improve ahead of the fourth-quarter holiday...

Better trade facilitation could reduce trade costs in Asia by up to 9% annually

Report highlights benefits of better trade facilitation in the Asia and the Pacific Improved trade facilitation — the simplification, modernization, and harmonization of export and import processes — can reduce trade costs by up...

Another All Time High – Bitcoin Breaks Through 5,000 USD on Asian Exchanges

The price of bitcoin reached the milestone value of US,000 per BTC on Friday night, September 1, briefly touching tops between ,013 and ,149 on Asian exchanges. Bitcoin has had an outstanding run in 2017,...

Moody’s: Euro area to achieve above-potential growth over next two years as major economies...

The euro area economy will achieve above-potential growth this year and next, led by solid momentum in Germany, Moody's Investors Service says in its Global Macroeconomic Outlook report. The euro area as a whole...

Reliant Gold Announces Non-Brokered Private Placement

Reliant Gold Corp is pleased to announce that it intends to complete a proposed non-brokered private placement (the "Unit Offering") of up to 1,000,000 Units (the "Units") of the Corporation at a price of...

Dollar Tumbles As North Korea Missile Adds Fuel To The Fire

Originally posted at MarctoMarket.com   After a brief period of quiet, which some may have confused with a change in posture, North Korea followed up the weekend's test of three ballistic missiles with what appears to...

Oil markets rattled by Harvey

Oil markets were roiled on Monday after Tropical Storm Harvey wreaked havoc along the US Gulf Coast over the weekend, crippling Houston and its port, and knocking out several refineries as well as...

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