Oil Keeps Rising After Lower Inventories
West Texas Intermediate advanced for a third day, the longest rising streak in more than three weeks...
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AUD/USD – Improving Aussie Pushes Above 94
AUD/USD has moved above the 0.94 line on Wednesday, marking four-week highs for the pair. In e...
Japanese Wholesale Prices Rise 4.1 Percent in April
Japan’s wholesale prices rose 4.1 percent in April from a year earlier for the 13th straight m...
Gold Rises On Short Covering and Bargain Hunting
Gold prices are moderately higher in early U.S. trading Wednesday, boosted on some short covering an...
CAD Rises On Commodity Prices
The Canadian dollar was slightly higher Wednesday as commodity prices advanced. The loonie rose 0.08...
Goldman Sachs Remains Bearish on Gold
Goldman Sachs reiterated its bearish view on gold and copper Wednesday, but raised its forecasts for...
DAX Near Record High As Part of Global Rally
European shares dipped on Wednesday, pausing after a two-month rally that propelled a number of inde...
Indian Central Bank Could Come Under Pressure From New Government
A confrontation may be on the cards between India’s prominent central bank chief and the Bhara...
US PPI Rises Hinting to Growth in Inflation
U.S. producer prices posted their largest increase in 1-1/2 years in April as the cost of food and t...
ECB Sources Say Bank is Preparing the Policy Bazooka
The European Central Bank is preparing a package of policy options for its June meeting, including c...
GBP Falters After BoE Inflation Report Keeping Rate Hike to 2015
The British pound slipped to a four-week low against the dollar on Wednesday morning after investors...
BoE Cools Down UK Rate Hike Talk
Bank of England (BoE) Governor Mark Carney played down expectations of an earlier-than-expected rise...
Russia To Pull Out of Space Station by 2020
Russia said it does not plan to use the International Space Station beyond 2020, casting a shadow on...
USD/JPY – Yen Improves As Japanese Inflation Data Shines
The Japanese yen has showed improvement, as the pair trades below the 102 on Wednesday. In economic ...
UK Employment Falls to Five Year Low While Wages Dissapoint
The number of people out of work in the UK fell by 133,000 to a fresh five-year low of 2.2 million i...
BOE Carney Says Economy Heading Back to Normal
The Bank of England has upgraded its growth forecasts for next year, saying the economy “has s...
Gold Pulls Above $1300 As Markets Eye US Inflation Data
Gold has edged higher in Wednesday trade, as the metal has climbed back above the $1300 level. In t...
Carney Squeezes Sterling Long Positions
A mixed bag of UK data this morning has the pound on the move. Both jobless claims and average earni...
EUR/USD – Euro Firm Despite Weak Eurozone Data
EUR/USD is showing little movement, as the pair trades in the low-1.37 range in Wednesday’s E...
EURUSD steadies around 1.3720, AUDUSD surges to 0.9405, GBPUSD rallies then drops to 1.6830, USDJPY at 101.95, gold at 1300
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