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On Thursday Jens Weidmann, Bundesbank head and European Central Bank Governing Council member, increased the pressure on Greece to meet the demands of its international partners, as there is a mounting risk of a self-destructive insolvency that would first of all damage the Greek economy and soci...
According to the latest report from the International Energy Agency (IEA), in May the supply of oil from the Organization of Petroleum Exporting Countries reached its highest level since August 2012...
Mitsubishi analysts advised that gold traders should better sit and wait before FOMC's June 16-17 meeting...
Fresh Chinese data on retail sales and industrial production matched economists' expectations giving cues that the world's second largest economy may have bottomed out and will soon start to gain momentum...
Yen lower vs dollar and euro on rumors Shinzo Abe administration was displeased with Kuroda comments
On Thursday the yen dipped against the dollar and the euro in Asia trade, as markets digested comments by the head of the Bank of Japan the previous session and as a person close to the matter suggested that Prime minister Shinzo Abe's administration was dissatisfied with Kuroda's comments...
On Wednesday the gold edged higher during early U.S. trade, as the yellow metal is benefiting from the bond markets as well as uncertainties surrounding Greek negotiations with its creditors...
On Wednesday copper prices hit fresh two-week highs ahead of new data from China which will be released later in the week...
On Wednesday European stocks fluctuated between small gains and losses, as market players digested a rise in German bund yields, while being concerned over uncertainty in Greece...
On Wednesday the pound sterling rose to session highs against a weaker dollar after the release of fresh U.K. economic data which indicated that U.K. industrial output beat economists' expectations in April, but manufacturing output declined...