European traders turned decently bid at market open amid Russian credit rating has been revised down to junk by the S&P. Although the decision was partially priced in, renewed pressures on the ruble keep traders alert on potential CBR intervention...
The Swiss currency fell to its lowest level against the euro since the Swiss National Bank abandoned its exchange-rate cap as the SNB’s vice president Jean-Pierre Danthine reiterated it is to intervene in markets...
On Tuesday gold fluctuated near a one-week low, as market players anticipated the start of a Federal Reserve meeting later in the day for further clarification on when interest rates might start to grow...
The Netherlands added to its gold holdings for the first time since 1998 as the ninth-biggest holder boosted assets to the highest in seven years, while Russia bought for a ninth month, International Monetary Fund data showed...
On Tuesday the euro steadied as markets digested Syriza's pledge to renegotiate the terms of Greece's €240 billion international bailout. The Australian dollar traded weaker in Asia on a mixed business confidence and conditions outlook by National Australia Bank (NAB...
Abdullah al-Badri, OPEC Secretary-General, said oil prices may have bottomed out, also warning there exists a risk of a future jump to $US200 a barrel if investment in new supplies was too low. After his comments, Brent crude oil prices traded above $US48 on Tuesday...
The Swiss Franc is trading under pressure on Monday as investors are taking profits after the advance of CHF in recent sessions. The US dollar is doing its best day against the CHF since January 15. Market leaders are the GBP/CHF, +4.61% to 1.3526; USD/CHF, +4.06% to 0...
Following the first weekly gain this year for the Standard & Poor’s 500 Index, US stocks dropped as phone and utility companies fell and as Greece's elections weighed...
On Monday the euro rose more than 2% against the Swiss franc, recovering from lows hit in the wake of the election victory for the anti-austerity Syriza party in Greece...
The Secretary General of OPEC, El-Badri, said today that the oil market is oversupplied by 1.5 million barrels per day, while expressing hope that the market will recover in time...
On Monday bitcoin prices jumped to the highest level in three weeks, as investor confidence remained strong amid bullish chart signals. The prices for cryptocurrency surged almost 50% since hitting a 21-month low of $152.40 on January 14...
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The greenback stepped off 11-year highs hit against the euro earlier Monday after anti-austerity Syriza party swept to victory in elections in Greece, sparking fears about Greece's future in the euro zone...
The European Central Bank (ECB) governing council member Ignazio Visco told a German newspaper today that there is no fixed end to the European Central Bank's (ECB) government bond-buying program...
Oil dropped to the lowest level in almost six years on Monday as signs that Saudi Arabia’s new king will maintain the oil policy of his predecessor and rising U.S. crude stockpiles bolstered speculation that a global glut will linger...
'It's now clear that Black Friday did pull festive sales forward into November, and this created a challenging lull in spending with consumers waiting for future bargains' - David McCorquodale, Head of Retail at KPMG UK retail sales surprised markets to the upside, posting an unexpectedly solid g...
Sunrise Market Commentary Rates: Syriza wins Greek election, but falls short of absolute majority Left opposition party Syriza won the Greek elections. This is slightly supportive for the Bund, while Greek assets could suffer...
The data released by the German research institute, IFO showed the business confidence rose to a six-month high in January, as the outlook for Europe's biggest economy continues to brighten. The closely watched Business climate index rose to 106.7 this month from 105...
On Monday the yen strengthened, as Japan's December trade balance showed a deficit of ¥660.7 billion, - narrower than the deficit of ¥740 billion yen expected, and narrower than the ¥829 billion deficit seen in November...
Technology companies should have "a sense of responsibility" for paying taxes, as the amount of tax paid by them is very small compared to the returns, the Bank of England governor Mark Carney told on Friday...
