On Tuesday the greenback was broadly higher against its peers, as investors awaited the release of U.S. economic reports later in the day and as recent strong U.S. data continued to support demand for the greenback...
On Tuesday European stocks were mixed, with most markets struggling for direction as fears over Greece’s bailout negotiations continued to weigh...
On Tuesday the British currency dipped to session lows after data signaled that growth in the U.K. construction sector lost momentum in April; the upcoming general elections on tap...
On Tuesday US crude futures declined, as market players awaited fresh data on US stockpiles of crude and refined products to estimate the strength of demand in the United States...
On Tuesday European stocks surged for a second day as companies including UBS Group AG and Adidas AG posted better-than-estimated results...
Overnight, gold retained gains but held below $1,200/oz as investors looked ahead for US nonfarm payrolls later in the week for clues on when the US Federal Reserve will hike interest rates...
The Australian dollar rose on Tuesday after the central bank cut interest rates for the second time this year. However, fairly optimistic comments from the central bank are sparking speculation the move could be the last for a while...
Taiwan stocks fell on Friday ahead amid worries about growth, particularly in its all-important tech businesses...
Latin American Bitcoin exchange Bitex.la has partnered with Uruguay-based remittance company, More Money Transfers (MMT) to provide services in Argentina and Chile. So far the BTC exchange has 19 agents in Argentina and one in Chile who will now sell Bitcoin...
In consequence of the acquisition BitNational will become the largest over-the-counter Bitcoin brokerage and ATM network in Canada. The company informs that the acquisition took place after it paid a 10-year, $2.1 million dollar agreement...
S&P 500 attempted to break above 2,100 resistance level but that breakout was thwarted in the past few days when the index sliced back below this level. S&P 500 is back in its trading range between its recent highs and recent lows...
Talking about the partnership GoCoin’s CEO and co-founder Steve Beauregard said that he was happy about the latest decision by Lionsgate, a leading global entertainment company with a strong and diversified presence in motion picture production and distribution, television programming and syndica...
Friday • 15 Things You Might Not Know About ‘A Clockwork Orange’ (Mental Floss) • 21 Obscure References in Classic Songs—Explained! (Mental Floss) • Re-Inventing the Wheels: Ford’s Greatest Car Gets a Do-Over (Bloomberg) • The Best Way to Organize a Lifetime of Photos (WSJ...
The bank also revised its forecast for 2015 four percent lower to $1,220 per ounce, citing lower inflation, reduced inflation expectations, higher US interest rates and a stronger US dollar. The bank also downgraded its silver price forecasts for 2015 – it now sees silver averaging $19...
Bank of America Merrill Lynch has revised upward its oil price forecasts for 2016, but said it remained bearish amid oversupply, weak demand from emerging markets, a return of U.S. shale production and expectations of a deal on Iran...
Government running out of time to contain another $55 billion blowout in the May 12 budget Faces its first credit ratings downgrade since 1989 Standard & Poor's could place Australia's AAA rating on "negative outlook" within months Raises chance of downgrade "A mix of sharply lower commodity...
1. Saudi Aramco - 12 million boepd, Saudi Oil Minister Ali al-Naimi. 2014: 12 million boepd (Barrels of Oil Equivalent Per Day) 2004: 10.8 million boepd. Percent liquids: 87%. 2. Gazprom - 8.3 million boepd, Gazprom CEO Alexei Miller...
The recent string of poor economic data weighed on the US currency meanwhile giving a boost for the gold. Kitco analyst Peter Hug shares his thoughts on the gold market reflecting upon when the rate hike will finally come...
Does anyone really understand the long-term consequences of QE? Let’s just say there is significant debate and as such this disagreement suggests that no one really knows how this will unwind. QE has finished in the U.S. Well, that’s the official line...
