News / Blog
West Texas Intermediate oil futures edged higher on Wednesday, amid speculation weekly supply data due later in the session will show U.S. crude inventories fell at a faster pace than expected last week...
Fears of Greece's default are mounting, as the country has only 13 days to reach an agreement with its creditors. A few hours are left until finance ministers meet to discuss the impasse in Luxembourg on Thursday...
The Australian dollar dropped against its U.S. counterpart on Wednesday, as the greenback found broad support ahead of the Federal Reserve's monthly policy statement due later in the day...
The Bank of China will be included in gold’s benchmark electronic auction process, according to the London Bullion Market Association (LBMA). The institution will now become the eighth to participate in the new electronic-based LBMA Gold Price...
Wilbur Ross, an American billionaire known for his investments in distressed assets, has no doubts that his investment in Greece's third-largest bank would work out, although the country appears to be edging closer to defaulting on its debt...
On Tuesday gold prices remained weaker, after data showed that the number of building permits issued in the U.S. surged in May, while housing starts dropped, giving a mixed impression of the U.S. housing sector...
On Tuesday the euro touched the session's lows amid uncertainties surrounding the Greek debt crisis. Investors await the FOMC meeting on Wednesday for cues on the rate hike timing...
The pound dropped on Tuesday despite data showing that the U.K. exited deflation last month. Investors were concerned over Greece uncertainties and the upcoming Federal Reserve policy statement...
Greece signaled it will make no concessions to unlock bailout funds, as it does not intend to present new proposals at a meeting of Eurozone finance ministers on June 18...