Job Cuts in Oil Industry have become Inevitable
The fall to six-year lows in oil prices has been swift and unexpected. The pace of energy sector lay...
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India’s GPD Could Hinder the RBI’s Easing Cycle
India’s economy outpaced China’s in the December quarter following changes to its gross ...
West TX Oil Drops Below $51 as China Inflation Hits Low
Brent crude and WTI prices slipped on Tuesday after the International Energy Agency (IEA) warned tha...
Opinion: $20 oil is Still Possible
The recent rebound in oil should not be seen as a sign that the price has reached a bottom, influent...
Hopes Increase for a Greek Compromise
Despite the strident attitude taken by Greece’s new prime minister over the weekend, the plan ...
Steve Forbes: Don’t Drag us Too
Steve Forbes, chairman and editor-in-chief of Forbes Media, told CNBC on Tuesday that nobody involve...
IEA: Oil Market Rebalancing ‘could take years’
The global oil market could be out of balance for years, and it will never be the same because of U....
Fed Officials Make a Call on Rate Rise
The Federal Reserve should raise interest rates in June, a top Fed official said on Tuesday, saying ...
Despite Greece, U.S. Stocks Close Higher
U.S. stocks closed up about 1 percent on Tuesday as investors shook off early negative news out of G...
WTI Stable After Six Month Sell Off Trending Towards $59
WTI Crude finally appears to have stabilised over the last few weeks following a more than six month...
GBP/USD – Pound Shrugs Off Weak Manufacturing Production Report
The pound is showing limited movement on Tuesday, as GBP/USD is trading in the mid-1.52 range. On th...
USD/CAD – Slight Gains on Strong Job Openings Report
The Canadian dollar has posted slight losses on Tuesday, as USD/CAD trades in the low-1.25 range in...
AUD/USD – Little Movement on Tepid Business Confidence
AUD/USD is showing little movement on Tuesday, as the pair trades in the mid-0.77 range. On the r...
USD/JPY – Yen Loses Ground on Weak Manufacturing Data
The US dollar has rebounded on Tuesday as USD/JPY trades above the 119 line early in the North ...
Greek Clarity Required for Next EURO Move
Profit-taking continues to dominate dollar No incentive to push dollar higher Norges Bank cannot aff...
EUR/USD – Flat Ahead of US Employment Report
The euro is almost unchanged on Tuesday, as EUR/USD continues to have a quiet week. In the European...
Gold Unchanged as Markets Eye US Job Openings Report
Gold prices are unchanged on Tuesday, as the metal is trading at a spot price of $1239.31. In the US...
RBA Rate Cut May Have Increased Housing Bubble Risk
Geoff Schippers, a mortgage broker in Sydney, has seen an increase in clients looking for homes to b...
Asian Equities Start Lower
Australian stocks paced a retreat in U.S. and European shares, while Japanese index futures signaled...
Citigroup: Oil Could Plunge to $20
The recent surge in oil prices is just a “head-fake,” and oil as cheap as $20 a barrel m...