European Stocks Soar, US Futures, Euro Jump After Failed Italian Referendum
Blink, and you missed the "sell off" from Italy's failed referendum vote.
You are here
Business
Debunking GFMS’ Gold Demand Statistics
Submitted by Koos Jansen from BullionStar.com
Total Initated 'Buy' Following ~6% Return In 2016
ABN Amro firing off a new note on Total SA ($TOT) this morning. The outlet is rating Total at Buy saying the oil & gas Co. has proved to be resilient (though they don't say in what manner) and also more cost efficient than most of the peers.
Looking out from my balcony I can see a ship Total leases to transport Bitumen and that little punk has been anchored for over two weeks. Maybe I don't know what cost efficiency is but I digress.
Fitch On China: 'Banks Face Capital Pressures and Structural Risks'
Fitch Ratings' outlook for the Chinese banking sector in 2017 is negative, reflecting our view that weak profitability and strong credit growth will keep capitalisation under pressure. High and rising leverage in the corporate sector remains a key risk facing China's banks.
Dang It Gold’s Supposed to Go Up! (Report 4 December, 2016)
We’ve gone through a succession of events and processes that were supposed to make gold go up. The following list is by no means exhaustive: