Draghi confirmed rate cut when inflation remains low

Draghi confirmed rate cut when inflation remains low

The euro erased earlier gains and fell across the board on Tuesday after European Central Bank chief Mario Draghi said policymakers will provide more stimulus if inflation does not pick up. At a speech in Sintra, Draghi said the ECB could still cut rates, adjust its guidance, offer mitigating measures to counter the unwanted side...
Lower diamonds production may increase their price

Lower diamonds production may increase their price

Although a dramatic change of demand for diamonds, loved by almost every woman, is not in the nearest predictions, production volume in 2018 was lower than in previous years. Global production of raw diamonds accounted for 147 million carats according to the Statista.com statistics. In 2017 this number was higher – at 151 million carats...
Are diamonds an investors’ best friend?

Are diamonds an investors’ best friend?

Although a dramatic change of demand for diamonds, loved by almost every woman, is not in the nearest predictions, production volume in 2018 was lower than in previous years. Global production of raw diamonds accounted for 147 million carats according to the Statista.com statistics. In 2017 this number was higher – at 151 million carats...
Governments help gold back into sunlight

Governments help gold back into sunlight

Only a few weeks ago the price of gold has floated around yearly minimums. A turnaround has started recently and gold marches back into higher levels. Governments around the world have recently been behind the growth. Not only recurring trade wars between USA and China and increasing investors’ fears push the price of this precious...
Giants fall after bad news

Giants fall after bad news

The Trump Administration's long-anticipated anti-trust War on Silicon Valley is starting to look more like a blitzkrieg. After WSJ opened the floodgates by quietly publishing the first report, about an anti-trust probe into Google, late Friday night, reports exposing new details about the anti-monopoly push, which will also encompass Amazon and, now, Facebook, have been...