Despite low oil prices, U.S. shale boom is proving resilient, the Organization of of the Petroleum Exporting Countries (OPEC) said in its biggest report this year, which suggests the global oil glut could linger for two more years. Every five years OPEC publishes long-term strategy reports...
The strong U.S. dollar has pressured precious metals since last summer. Also, the talk of interest rate hikes by the Fed is said to have negatively influenced gold...
The dollar rose to its highest level in 13 years against the yen on Thursday, boosted by expectations that the economic recovery in the U.S. would accelerate the timeline for higher interest rates...
According to an announcement that has come from British Columbia’s Simon Fraser University (SFU), the campus bookstore would begin accepting Bitcoin payments starting 26th May...
German-based Commerzbank said in a recent report that it sees more potential for gold priced in euros, as lingering speculation on when the U.S. central bank lefts rates continue to pressure the U.S. gold market...
Dollar remained broadly supported against the basket of other major currencies amid renewed expectations of rate hike in the U.S. this year. Gold touches two-month low. Reports released on Tuesday indicated that U.S...
The yellow metal was fluctuating during the recent sessions, however, remaining below the psychological $1,200/oz level...
In the early U.S. trade, gold prices were near unchanged levels and after slipping to a two-week low overnight. Although the gold market currently sees little demand from the Greek debt matter, this could shift if the situation with Athens and its debt burden worsens, says Kitco News...
On Wednesday the greenback climbed to eight-year peak versus the yen, as upbeat data released Tuesday continued to boost demand for the dollar...
European stocks recover on Wednesday after losing ground in the previous session, as Greek jitters and a commodity squeeze receded...
Deutsche Boerse AG and two Chinese exchanges are establishing a joint venture called China Europe International Exchange to offer yuan products, with the aim to provide European investors with bigger access to the world’s second-largest economy...
On Wednesday the single currency edged higher as Greece default fears eased and as greenback paused its rally fuelled by expectations for a U.S. rate hike later in 2015...
The New York Times technology and finance reporter Nathaniel Popper’s new book “Digital Gold: Bitcoin and the inside story of the misfits and millionaires trying to reinvent money” has been praised as one of the best Bitcoin books to date...
Venezuelan Bolivar Falls 66% According to the recent reports, the official exchange rate between the two aforesaid currencies surged 66% last week, while in black markets, it went 64 times higher than the official rate. Tip: go trade cryptocurrency fellas...
On Tuesday the euro was at one month lows against the stronger greenback after an avalanche of fresh economic reports from the United States which mainly indicated that the economy is regaining ground after a sharp slowdown in the first quarter...
For S&P 500, Expensive Is the New Cheap (Bloomberg) but see Don’t Count on Happy Returns for U.S. Stocks (MoneyBeat) Productivity: It’s a drag...
As the latest data from the London Bullion Market Association (LBMA) showed, trading activity tumbled in April despite higher prices...
Last week speculators increased their exposure to gold last week, says the data from the Commodity Futures Trading Commission (CFTC...
“The substantial real effective appreciation over the past year has brought the exchange rate to a level that is no longer undervalued,” said the IMF mission to China, which is led by its deputy director of Asia and Pacific Markus Rodlauer...
