Wednesday marked the 10th session of losses for gold. Comex gold for August delivery was last around $1,093 an ounce. While some analysts say gold may bounce back soon, Goldman's Jeffrey Currie, head of commodities research, suggested the yellow metal could trade below $1,000 an ounce...
HSBC analysts say they do not expect any other sharp selloff in metals after the plunge at the beginning of the week...
The pound trimmed gains against the greenback Wednesday, after the minutes of the Bank of England's latest policy meeting revealed the bank will stand pat on its current monetary policy...
On Wednesday European stocks saw a fall, as sentiment across equity markets worldwide was dampened after a round of disappointing corporate earnings...
The greenback was mostly lower Wednesday against its rivals, eyeing a second down day in a row and being lower in particular versus the pound...
On Wednesday the shared currency rose to one-week highs against the U.S. dollar on Wednesday supported by Greek optimism, as Greek lawmakers brace for a second vote on bailout reforms...
W1 price is located between Yearly Pivot level at 1237.48 and S1 Pivot at 1082.97: The price is on bearish market condition for ranging between Central Pivot level at 1237.48 and S1 Pivot level at 1082...
Credit Agricole suggested to sell for EUR just because of the following: "The EUR has been under pressure regardless of the Greek parliament voting in favour of the agreed bailout package...
The greenback was higher against the yen Tuesday with mounting expectations for a rate hike backing the dollar...
Although gold has consolidated above $1,100 an ounce Tuesday, its recent plunge is still a fresh memory which hardly promises a surge in the short-term. Analysts, however, do not consider the recent decline to linger...
The metals sector rebounded Tuesday with gold consolidating above $1,100 an ounce as investors saw a cheaper gold as a buying opportunity...
In recent days, oil prices have undergone something like a perfect storm with the Greek crisis, Iran nuclear deal, strong dollar as well as Saudi production - all weighing on this commodity. However, several banks are not in a hurry to change their upbeat outlook. Let us have a look...
On Tuesday sterling was higher against the U.S. dollar after robust U.K. data. The gains were capped, however, as the greenback is buoyed by the Fed rate hike expectations. Meanwhile, Greek developments point to the country's recovery which supports the euro...
West Texas Intermediate oil fell below $50 a barrel and gold traded near a five-year low after a selloff that has pushed commodities to the lowest level in 13 years. The greenback was sharply higher against the euro, while Spanish and Italian bonds climbed...
On Tuesday the Australian dollar dropped in Asia after the Reserve Bank of Australia suggested the currency should weaken further...
Greece Repays ECB on Day of Debt Deadline as Banks Reopen Doors The European Central Bank and the International Monetary Fund both confirmed receipt of money owed, and a Greek Finance Ministry official said earlier that the country ordered payments to both those institutions and its central bank...
On Monday Treasury yields edged higher paring last week's losses as falling commodity prices and recent U.S. economic data pushed investors to turn to bonds...
Stock market in the U.S. was boosted by robust earnings reports and optimism about Greek developments. Better than expected quarterly results from Halliburton and Morgan Stanley which came out before the open bell Monday also backed the market...
BitSpark has been selected to join the Accenture’s FinTech Innovation Lab Asia Pacific 2015 The program, created by world renowned technology and consulting company Accenture, is aimed at inviting the best financial technology startups to be incubated by world’s leading financial institutions...
