Unless you’ve been living under a rock, you’ve heard that the SNB made the shocking decision to drop its peg at 1...
Swiss franc surged to a record versus the euro as cash flooded into the nation after the Swiss National Bank removed a cap on the currency that had held back inflows for more than three years...
U.S. producer prices in December recorded their biggest drop in more than three years on plunging energy costs whilst underlying inflation pressures were muted, a cautionary note for the Federal Reserve as it ponders its next step on monetary policy...
Fake Investment Company Steals 1,000 BTC from Customers Group of people complained about CryptoDouble, an investment company that disappeared with around 1,000 Bitcoin...
Oil prices steadied on Thursday, firming as the dollar weakened, though OPEC and Bank of America Merrill Lynch reduced forecasts of demand for its oil this year. Oil and other commodities are priced in dollars and are likely to gain when the U.S. currency declines...
A surprise interest-rate cut in India sent banks soaring and as Chinese equities surged. The Swiss central bank’s decision to remove a cap on the franc pummeled currencies in eastern Europe, as Bloomberg reports...
On Thursday the euro dropped to multi-year lows against the greenback and Swiss franc after the Swiss National Bank abandoned its exchange rate cap against the European currency and cut interest rates further into negative territory...
The British currency dropped lower against the U.S. dollar on Thursday, as the greenback regained some strength after weakening in the previous session due to downbeat U.S. retail sales data...
European stocks advanced on Thursday, influenced by expectations for additional easing measures by the European Central Bank which overshadowed the ongoing rout in oil prices. The EURO STOXX 50 rallied 1.05%, France’s CAC 40 climbed 1.04%, while Germany’s DAX 30 jumped 1...
On Thursday gold futures rose in Asian trade...
On Thursday Asian stocks mostly rose after a significant rebound in oil and copper prices brought a semblance of calm, while the dollar regained ground lost on disappointing U.S. retail sales...
The Australian dollar advanced on solid jobs data released Thursday that saw a surge in new employment and a downtick in the overall employment rate. Statistics Australia reported that 37,400 jobs were created in December, compared to 3,800 expected, while unemployment eased to 6...
Data showing a stronger-than-expected increase in financing last month triggered a jump in Chinese equities and prompted speculation that the sell-off in metals was excessive. Copper rebounded in base metals after slumping to the lowest in more than five years...
Cex.io Halts Cloud Mining Operations over Weak Bitcoin Value Bitcoin cloud mining service provider Cex.io is no longer providing its services, thanks to the constantly falling prices and increasing mining difficulty, which are impacting their and their customers’ revenues...
On Wednesday financial and commodities markets slumped, as the World Bank reduced its growth forecasts for 2015 and 2016, fuelling worries that the benefits of cheaper oil may be offset by sluggish economies and the threat of deflation. The greenback fell 1 percent against the yen...
The CAC 40, the most widely-used indicator of the Paris market, reflects the performance of the 40 largest equities listed in France, measured by free-float market-capitalization and liquidity. The index was developed with a base level of 1,000 as of December 31, 1987...
The dollar has lost ground versus the other major currencies on Wednesday, after data showed that U.S. retail sales fell more-than-expected in December, although the continuous drop in oil prices keeps supporting safe-haven demand. The U.S...
On Thursday Russian President Vladimir Putin is holding talks with his Venezuelan counterpart Nicolas Maduro, who will arrive in Russia on a working visit...
As the World Bank cut its economic growth forecast, oil prices declined 1 percent helping extend a rout that saw prices touch a nearly six-year low the previous session...
