LONDON (Alliance News) – Iran Oil Minister Bijan Namdar Zanganeh said Russia has abandoned its previous stance and is ready to participate in limiting supply, reported Bloomberg. OPEC will reach an agreement… Read More
Monthly Archives: November 2016
UK BANKS PASS STRESS TEST BUT LLOYDS BETTER THAN RBS
LONDON (Alliance News) – The Bank of England said Wednesday that, while some UK banks showed capital inadequacies in its latest round of stress tests, those banks have plans to build further… Read More
EUROZONE ECONOMIC CONFIDENCE REACHES 11-MONTH HIGH
BRUSSELS (Alliance News) – Eurozone economic confidence improved to an 11-month high in November as upbeat assessments of consumers and retailers offset the weakness in industrial sentiment, survey data from the European… Read More
STOCKS MIXED BEFORE OPEC MEETING AND ITALY VOTE
LONDON (Alliance News) – Stock prices in London were mixed on Tuesday at midday, with the FTSE 100 index adding to its losses from Monday, ahead of the major risk events of… Read More
PRICE OF GOLD CLIMBS OFF NINE-MONTH LOW
WASHINGTON (Alliance News) – After falling sharply over the course of the two previous sessions, the price of gold regained some ground during trading on Monday. Gold for December delivery climbed USD12.40… Read More
OECD LIFTS 2017 GLOBAL GROWTH OUTLOOK
BRUSSELS (Alliance News) – The Organisation for Economic Co-operation and Development said the global economy is set to grow more than previously projected in 2017 as the targeted public spending initiatives could… Read More
STOCKS MIXED; OIL FIRMS AND BANKS DRAG FTSE 100
LONDON (Alliance News) – Stocks in London were mixed after the open on Monday morning, with the FTSE 100 weighed down by oil producers ahead of the Organization of the Petroleum Exporting… Read More
Weekend rewind
It’s that time of the week when we take a look back at the week that’s been. Here are the headlines: POUND HIGHER AFTER HAMMOND UNVEILS POST-BREXIT PLAN FOR UK ECONOMY FED… Read More
POUND STRENGTHENS AS UK MORTGAGE APPROVALS IMPROVE TO 5-MONTH HIGH
BRUSSELS (Alliance News) – The pound spiked up against its major rivals in the European session on Thursday, after data showed that UK mortgage approvals hit a 5-month high in October. Data… Read More
FED MINUTES INDICATE US INTEREST RATE HIKE “RELATIVELY SOON”
WASHINGTON (Alliance News) – Most Federal Reserve officials expect it to become appropriate to raise interest rates relatively soon, according to the minutes of the November meeting of the Federal Open Market… Read More
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