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On Monday gold traded near a four-month high, as investors awaited Thursday's meeting of the European Central Bank, amid speculation it will start a government bond-buying program...
On Monday Brent crude oil prices dropped below $50 a barrel after Iraq announced record oil production darkening the global economic outlook. On Sunday Iraqi Oil Minister Adel Abdel Mehdi announced Iraq pumped 4 million barrels per day (bpd) of oil in December, its highest production ever...
On Monday the British currency rose against the U.S. dollar in quiet trade, but gains were expected to stay limited as investors locked in profits from the dollar's recent rally against its peers...
British hotels and shops saw spending by Russians fall 28% in 2014 mainly due to the plunge in the rouble, as BBC reports. Russians had been among the top five biggest-spending non-EU tourists in the UK, but have now fallen out of the top ten...
Greece's leftist Syriza party, which widened its opinion poll lead over the ruling conservatives ahead of the Jan. 25 vote, has stated it will cancel austerity imposed under the bailout and call for an international conference to renegotiate debts of Greece and some other euro zone states...
The yen gained against all its major peers, as the steepest rout in Chinese equities since 2007 drove demand for shelters...
On Monday the Australian market finally grew after a week of losses, led by a recovery in the energy sector but weighed down in the afternoon by plunging Chinese sentiment, as The Sydney Morning Herald reports. Inspite of trading 1...
U.S. stocks wobble on Friday, after a five-day decline in the Standard & Poor’s 500 Index, as gains in energy shares counterbalance fallout from the Swiss currency shock and investors assessed the latest batch of economic and earnings reports...
On Friday, the US dollar rose against the Swiss franc, regaining ground after Thursday's three-and-a-half year lows, as markets digested the Swiss National Bank's unexpected monetary policy statement made that day...
A rout driven by lower energy costs and on speculation demand will weaken in China, the world’s largest metals user, sent copper down. The metal fell 7.4 percent this week after tumbling to the lowest since 2009...