News / Blog
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...
According to a poll released on Tuesday by consultants PwC, senior European executives have largely given up hope of an economic upturn this year...
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...
BHP Billiton has reduced oil and gas spending in order to protect its balance sheet and shareholder dividends in the face of plunging commodity prices. The move had been expected after fellow US shale companies BP and Schlumberger laid off thousands of workers...
On Tuesday West Texas Intermediate oil futures sold off steeply, after the International Monetary Fund reduced its global economic growth forecast and China’s economy expanded at its slowest pace in 24 years...
“The main interest has been the big euro-sterling drop and to what degree that has been inspired by anticipation of the ECB and to what degree was it aggravated by the SNB walking away from the euro-swiss floor,” said John Hardy, head of foreign-exchange strategy at Saxo Bank A/S in Hellerup, Den...
On Tuesday the greenback remained underpinned against its major counterparts, as Chinese GDP data failed to boost investor confidence and as markets expected the European Central Bank's upcoming policy statement on Thursday...
On Tuesday European stocks rose for a fourth day, extending their highest levelsince 2008, amid speculation that the European Central Bank will announce a plan for quantitative easing this week...
This week world leaders, top businessmen and campaigners will be discussing issues from climate change to political instability at the World Economic Forum in Davos, Switzerland...
On Tuesday the euro was little changed vs the greenback, despite growing sentiment on German economy. Expectations for easing by the European Central Bank as soon as this week continued to weigh...