U.S. Dollar Rebounds after Fed Statement
The dollar pared gains against major currencies on Wednesday after the Federal Open Market Committee...
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West TX Oil Rallies to $56 on Falling Crude Inventories
Oil prices jumped on Wednesday as U.S. data showed falling crude inventories, stemming deep losses b...
The Fed is not Ready Yet
Despite expectations that the Federal Reserve would take its first, albeit tentative, step toward ra...
Gold Steady at $1190 after Fed
Spot gold touched positive territory after the Fed offered signaled that it was on track to raise in...
European Equities Close Higher, as Energy Stocks Bounce Back
European shares closed higher on Wednesday, as banking stocks with a heavy exposure to Russia pared ...
U.S. Stocks Rally on Fed
U.S. stocks surged on Wednesday, with the Dow marking its best session of the year, as investors cel...
Fed’s Yellen says it would be at least ‘a couple’ of meetings before the Fed considers raising interest rates
Content is for general information purposes only. It is not investment advice or a solution to buy o...
EURUSD drops sharply to 1.2330, AUDUSD drops to 0.8120, GBPUSD down to 1.5550, USDJPY at 118.80, gold at 1188
Content is for general information purposes only. It is not investment advice or a solution to buy o...
Canadian Oil Sands Avoid “Dirty” Label From the EU
The European Union voted by a extremely narrow majority Wednesday against a proposed fuel quality di...
Oil Price Hits Energy Producer Provinces in Canada
As economists scramble to rejig their economic forecasts in the wake of the oil price plunge, Toront...
Japan-Australia Free Trade Agreement to Launch Jan 15
A free trade agreement between Japan and Australia will take effect on Jan. 15, the Japanese Foreign...
Fed FOMC Statement Show Patient Central Bank
The U.S. Federal Reserve has just released its FOMC statement. The phrase “considerable time&#...
Oil Rebounds Slightly After Drop Deemed Excessive
Crude oil rebounded on speculation that a slide in prices to a five-year low was excessive. Brent, t...
El-Erian Thinks Fed Will Remove “Considerable Time” From Statement
Former Pimco co-CEO Mohamed El-Erian told CNBC on Wednesday he believes the Federal Reserve will dro...
USD Strength to Endure in 2015
For all the talk of renewed currency wars, the policy-driven depreciations that have dominated forei...
Brent Oil Continues Under $60 As Production Unchanged
Russia failed to halt the collapse of the ruble on Tuesday, leaving President Vladimir Putin facing ...
Rouble Fall To Loosen Putin’s Grip on Russia
Russia failed to halt the collapse of the ruble on Tuesday, leaving President Vladimir Putin facing ...
Fed Likely to Stay on Target for Next Year’s Rate Hike
A sturdy U.S. recovery is expected to trump global economic worries as the Federal Reserve concludes...
US Consumer Prices Lower as Energy Costs Drop
U.S. consumer prices recorded their biggest drop in nearly six years in November as gasoline prices ...
US Current Account Deficit Widens in Q3
The U.S. current account deficit unexpectedly rose in the third quarter as an increase in exports wa...