On Wednesday the gold price was just above two-week lows, with the greenback firming and the Chinese economy slowing more than expected...
On Wednesday the pound declined against its US peer, as markets digested Tuesday's negative U.S. data and as disappointing reports from China pressured market sentiment...
Disappointing Chinese data heavily weighed on the Australian dollar, pushing it closer to parity with New Zealand. Aussie was mostly influenced by external factors rather than with the domestic situation, analysts say, and China was important because is was the key buyer of Australian resources...
On Wednesday crude-oil futures rose in Asian session but gains were trimmed after China’s economic data showed slower growth in the first quarter of the year. China is the world’s second-largest consumer of oil and its economic slowing is bearish for its oil demand...
On Wednesday Asian shares were lower impacted by mixed data from China and growing fears stimulus won't come...
According to the Energy Information Administration, in May output from the prolific tight-rock formations such as North Dakota’s Bakken shale will decline 57,000 barrels a day...
On Tuesday gold prices trimmed losses, after data showed that in March retail sales in the U.S. rose less than expected...
On Tuesday the greenback was broadly firmer against its rivals, as market players awaited the release of U.S. data later in the day and as hopes for rate hike continued to support the US currency...
“I don’t think it’s a bad thing to send a signal that selling of the yen is coming closer to its limit bit by bit,” Koichi Hamada, an adviser to Prime Minister Shinzo Abe on monetary policy, told in an interview with Bloomberg...
On Tuesday the euro was steady versus its US counterparts, approaching one-month lows despite positive euro zone industrial production data. Sentiment on the greenback remained broadly supported by U.S. rate hike hopes...
On Tuesday crude-oil futures extended gains on expectations that U.S. shale oil production has reached its peak and might begin to fall...
On Tuesday the euro hit two-year lows against the broadly firmer yen, as the European Central Bank’s quantitative easing program continued to weigh on the single currency...
On Tuesday gold prices weakened in the Asian session, while safe havens like the US Treasuries and the Japanese yen were higher. Market players await further cues on the timing of the Fed rate hike...
JP Morgan CEO Jamie Dimon showed his concerned as he feels the traditional banking world is facing huge competition from Bitcoin. He warned investors and those in the banking industry that “Silicon Valley is coming...
On Monday oil prices rose for a third straight session on lingering expectations that U.S. crude-oil production is set to slow...
On Monday the euro eased off one-month lows but gains were limited as expectations for an upcoming U.S. rate hike, as well as Greece jitters undermined the sentiment on the single currency...
On Monday the greenback remained broadly higher against its peers, as hopes for a U.S. rate hike in the coming months continued to support the US currency...
On Monday gold prices edged lower in a quiet trade, as investors awaited key U.S. data later this week for further indications on the strength of the economy and the timing of an interest rate hike...
On Monday an unexpected fall in Chinese exports put pressure on the Australian dollar, although Asian stocks shrugged off the data, boosted by expectations of fresh economic stimulus from Beijing...
On Monday crude oil futures jumped 1%, as downbeat Chinese figures added to bets that policymakers in Beijing may implement further stimulus measures...
