Tags » Financial Markets

China to Invest in the Search for Oil, Wants to Boost Production by 50%

China plans to increase domestic oil production by 50%, up more than 2 million barrels per day over the next five years.

Domestic oil production in China is not projected to exceed 4 million barrels per day in 2019, but the aim of the plan is to boost oil production to 6 million barrels per day. 51 more words


Putin Speaks out Against Petrodollar, US Dollar as World Reserve Currency

In a speech at the St Petersburg International Economic Forum, Russian President Vladimir Putin reaffirmed his position regarding the US dollar and it’s international role. 148 more words


Bitcoin Breaks $9200, New High for the Year

The price of bitcoin (BTC) broke $9,200, reaching a high not seen in more than a year and breaking through critical upper resistance that the price has struggled to pass for more than a month. 110 more words


Gravity Felt After Strong Surge

This article is an excerpt from a previously released Sidoxia Capital Management complimentary newsletter (June 3, 2019). Subscribe on the right side of the page for the complete text. 719 more words

Financial Markets


The ASX 200 is down 7 points in mid-morning trade after a positive night marked by oil and iron ore ↑. Energy, Gold and Materials best, Banks and Financials worst. 815 more words


A Reading Of The Economy From Morgan Stanley Is Signaling “June Gloom”

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A reading of the economy from Morgan Stanley is signaling “June gloom.”… Morgan Stanley’s Business Conditions Index, which captures turning points in the economy, fell by 32 points in June, to a level of 13 from a level of 45 in May. 281 more words

Stock Markets


The ASX 200 closed flat after a very mixed day. CSL bounces back for Hcare, TLS wildcard, Banks OK, IT worst & Disc not far ahead/behind. 793 more words