Thursday, January 18, 2018

Gold production in Mali rises 5% to 49.6 tons in 2017

The output of industrial gold miners rose to 49.6 tons in 2017, up 5 percent from a year earlier, a senior official in Mali's mining ministry said on Wednesday. Mali is the third largest gold producer in Africa after South Africa and Ghana, producing 46.9...

Eurozone inflation slows in December

Lower prices for phone calls, clothing and vegetables have slowed consumer price growth in December as expected, despite rising fuel and cigarette prices in the euro area, data showed on Wednesday. According to the data, the core inflation rate monitored by the ECB remained flat. Consumer...

Petroleum Institute: US crude oil inventories fall 5.1 million barrels

US crude inventories fell last week, while gasoline inventories and distillates rose, data from the US Petroleum Institute showed on Wednesday. The API said US crude inventories fell 5.1 million barrels in the week ending Jan. 12 to 411.5 million barrels, while analysts had forecast...

Dow Jones index closes above the 26,000 level for the first time

US stocks jumped on Wednesday, pushing the Dow Jones industrial average to close above 26,000 points for the first time ever, boosted by gains in various sectors sparked by investors' expectations of higher corporate profits. The Dow Jones ended the day's trading session with a...

Gold falls with dollar recovery from 3-year low

Gold prices eased gains in early trade on Wednesday, with the precious metal ending the session lower as the dollar recovered from a three-year low against a basket of currencies. Spot gold fell 0.77 percent to $ 1328.20 an ounce late in the session after...

Oil rises before weekly data for US stocks

Oil prices closed higher on Wednesday ahead of US data on oil inventories expected to show the ninth consecutive weekly decline in US crude inventories. Key factors led to higher prices for Brent and West Texas Intermediate crude traders, about 13 percent above the levels...

Apple invests more than $ 30 billion in the US economy in five years

The American corporation Apple intends to invest in the US economy more than $ 30 billion over the next five years, as well as to open a second headquarters. This is stated in the company's message, published on its website on Wednesday. "Apple plans to...

Crypto-currencies: what you need to know

"The lack of regulation of the market cryptocurrency creates many problems", - said Finance Minister Anton Siluanov, speaking to reporters on the meeting with the President of Russia. According to Siluanov, Vladimir Putin drew attention to some of these problems. "These are the difficulties of...

US Treasury considers virtual currency a “developing threat”

Deputy Secretary of the Treasury, responsible for countering financial crime, Sigal Mandelker called the virtual currency on Wednesday "a growing threat." This opinion she expressed at a meeting of the Senate Committee of the US Congress. The financial department "acts ahead of the developing...

North Korea attacks crypto-currency exchanges in South Korea: experts

International company Recorded Future, working in the field of technological security, concluded that for new attacks on investors, South Korea's crypto-currencies, which occurred at the end of 2017, are the hacker group associated with the authorities of the DPRK. "Agents of the North Korean government,...

Euro is near a three-year high against the dollar and the currency is forming a looming

The euro was near a three-year high against the US dollar on Tuesday, as the euro recovered from earlier losses sparked by doubts that the ECB will back down next week to its pledge to continue His bond purchase program. Digital currencies, with a fall...

US experts suspected the DPRK in cyber attacks on the stock exchange crypto currency

Hackers associated with the DPRK are related to a new wave of cyberattacks against investors operating on the stock exchange crypto-currency. With this statement was made on Tuesday, The Wall Street Journal, which refers to the report of the American company Recorded Future, dealing...

Bitcoin rate fell by more than 25% per day

The rate of bitcoin in the last 24 hours fell by 25.1%, dropping to a level of $ 10.5 thousand for the first time since December 1, 2017, according to the data of the portal Coinmarketcap. As of 23:50 UTC, the currency is trading...

Wall Street falls on lower oil prices and losses in GE shares

A rally on Wall Street ended on Tuesday, hurt by losses in GE shares and a drop in oil prices that pushed the energy sector down. The Dow Jones industrial average <.DJI> was down 10.33 points, or 0.04 percent, at 25,792.86 after crossing the 26,000...

US oil production in February is expected to rise to 6.55 million bpd

US oil production in February is expected to rise by 111,000 bpd to 6.55 million bpd, the US Energy Information Administration said on Tuesday. Oil production in the Eagle Ford region is expected to increase by 15,000 barrels per day to 1.27 million barrels per...

Oil falls from a 3-year high but strong demand supports the market

Oil fell on Tuesday from a three-year high as investors took profit-taking sales but strong demand supports prices near $ 70 a barrel, a level the market has not seen since its decline in 2014. Oil is supported by OPEC-Russia output cuts and strong demand...

Price of bitcoin falls below $11,000, down more than 20% in one day

The Price of bitcoin falls on late Tuesday below $11,000, down more than 20% today on government crackdown worries.

Dow hits 26,000 for the first time ever

The Dow Jones Industrial Average surged more than 200 points on Tuesday, lifting the blue-chip index above 26,000 for the first time as the fourth-quarter reporting season kicks into high gear. Shortly after the market open, Dow component UnitedHealth rose 2.3% after the largest U.S....

Bitcoin rate has dropped to a minimum in six weeks

The bitcoin rate on Tuesday for an hour collapsed by about 10%, falling below $ 12,000 for the first time since December 5, according to data from the trading platform CoinDesk. Bitcoin started the session on Tuesday at $ 13,585, briefly rose to $ 13,600,...

Seven ways to reduce the risk of investment in start-ups and small businesses

Most start-ups can not attract financing from banks, so they have to turn to investment funds and take part in crowding projects. What is the interest of a private investor to invest in such companies? Russian banks refuse to finance 80% of small businesses and...