Iron ore, which plummeted 47 percent in 2014, keeps seeing reduced price forecasts from global banks, like Citigroup, UBS Group AG and now Goldman Sachs, which continue coming in the opening weeks of the year...
On Friday the pound stayed near 18-month lows against the U.S. dollar, despite the release of optimistic retail sales data as expectations for the Bank of England to hold its monetary policy for longer continued to weigh...
On Friday the Japanese yen traded slightly stronger in Asia after the death of Saudi Arabia's King Abdullah, the main U.S. ally on oil policy and diplomacy that raised questions about whether the succession plan would keep the bonds tight...
This Asian stocks advanced Friday, driven by a long waited move of the European Central Bank, which also set off gains in Europe and on Wall Street, according to The Washington Post...
Today’s “larger-than-expected” QE program from the ECB will no doubt influence markets for years to come, but one of the most obvious immediate impacts has been the strength in gold...
S&P Got a Little Casual With its Mortgage Ratings (BV) James Grant: The balance sheet that ate Switzerland (LinkedIn) She’s No Greenspan: Yellen Signals She Won’t Babysit Markets in Turmoil (Bloomberg) see also Unfazed by market swings, Fed sticks to mid-2015 hike scenario (Reuters) “I like…...
On Thursday the U.S. dollar edged higher against its Canadian peer, to trade close to the previous session's nearly six-year high after data showed that U.S. jobless claims fell from a seven-month high last week, lower than analysts had initially anticipated...
On Thursday the euro was steady vs the greenback after the European Central Bank kept interest rates on hold and said a further monetary policy announcement would follow at its post policy meeting press conference...
On Thursday the dollar was approaching 12-year highs against its peers, as markets expected the European Central Bank's policy statement due later in the day, as well as the weekly U.S. report on jobless claims...
On Thursday Brent crude oil dipped towards $48 a barrel and gold edged lower before an expected decision by the European Central Bank (ECB) to start buying bonds, as this move could push the dollar to new highs and put downward pressure on commodities...
Emerging-market stocks climbed for a third day as China provided funds to help liquidity in the market and investors speculated that the European Central Bank will expand stimulus. Russia’s ruble descended for a third day...
On Wednesday the Canadian dollar plunged to six-year lows against the U.S. dollar on Wednesday after the Bank of Canada cut rates by 25 basis points in an unexpected move, as a response to the recent steep fall in oil prices...
On Thursday the Japanese yen and Australian dollar were volatile, ahead of a European Central Bank meeting expected to ease policy further and as China moved to aid liquidity in the market and investors took positions...
Q: What actually happened on Thursday? A: The SNB (Swiss National Bank) made an announcement that caused the CHF (Swiss Franc) to suddenly soar in value...
UK Banks Treat Bitcoin as Threat The British Bankers Association recently submitted a document to the Treasury’s consultation, mentioning the pros and cons of digital currencies...
On Wednesday the dollar traded lower against the other major currencies, after the release of mixed U.S. housing reports. Although the greenback remained close to recent 12-year highs...
On Wednesday the dollar slid lower against the other major currencies, as market sentiment improved ahead of the European Central Bank's upcoming policy statement. The greenback still remained close to recent 12-year highs...
On Wednesday European shares approached a seven-year high, while Asian shares touched a six-week peak, as investors bet the European Central Bank would unveil a stimulus drive to boost the flagging euro zone economy...
The Australian dollar traded higher against its U.S. counterpart on Wednesday, supported by positive consumer sentiment data from Australia. The New Zealand dollar also rose vs greenback recovering after two-week lows, despite the release of disappointing New Zealand inflation data...
On Wednesday gold price exceeded $1,300 an ounce for the first time in five months on speculation slowing global growth will prompt central banks to boost stimulus, driving demand for a shelter...
