The Federal Reserve should not increase rates in September now that the world economy is looking so troubled, said Kaushik Basu, the World Bank's chief economist...
Events
  • 1004
  • 1
9 September 2015, 15:08 #FOMC, China, Fed
On Wednesday the pound hit session lows after data showed that U.K. industrial output unexpectedly fell in July. A separate report showed that the country’s trade deficit widened sharply...
Currency
  • 691
  • 1
9 September 2015, 14:42 #eur/gbp, China, forex news
On Wednesday the greenback edged higher versus the yen as the prospect of more economic stimulus in China spurred appetite for risk and dampened demand for the shelter yen...
Currency
  • 1150
9 September 2015, 10:23 #Nikkei, China, usd/jpy
On Wednesday Japanese stocks surged with the Nikkei 225 Stock Average logging the sharpest advance since the aftermath of the 2008 Lehman Brothers Holdings Inc. collapse, amid speculation a selloff that pushed valuations to an 11-month low was overdone...
Market News
  • 719
9 September 2015, 09:04 #Nikkei, China
Gold prices rose mildly in Asia on Wednesday with investors cautious ahead of next week's Federal Reserve meeting on interest rates...
Metals
  • 921
9 September 2015, 08:32 #Shanghai Composite, copper
A public opinion poll in Greece conducted by Pulse and published on bankingnews.gr has put radical left-wing Syriza party slightly ahead of its closest rival...
Events
  • 985
8 September 2015, 16:07 #Troika, ECB
Gold futures traded modestly higher Tuesday as investors looked ahead to the Federal Reserves’s policy meeting next week, which could determine the direction of the dollar and dollar-denominated commodities like gold...
Metals
  • 1088
8 September 2015, 15:16 #silver, metals, China
The Organization of Petroleum Exporting Countries has approved Indonesia’s request to rejoin, IGN Wiratmaja Puja, director-general of oil and gas at the country’s Energy and Mineral Resources Ministry, said in a text message on Tuesday...
Events
  • 852
8 September 2015, 14:32 #OPEC
On Tuesday the pound rose to one-week highs against the U.S. dollar, as sentiment on the greenback remained fragile ahead of the Federal Reserve's highly-anticipated policy meeting scheduled next week...
Currency
  • 864
8 September 2015, 13:57 #Bank of England, eur/gbp
Investors are coming back from the bank holiday in an upbeat mood on Tuesday, pushing U.S. stock futures firmly higher on fresh hopes the Chinese central bank will inject more stimulus after a round of weak trade data...
Market News
  • 720
8 September 2015, 13:01 #Wall Street, Dow Jones