USDCAD Loonie Flying After US Manufacturing in Recession
The Canadian currency has appreciated on the back of softer data in the United States ahead of this ...
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GBPUSD – Divergence Appears at Resistance Level
While cable has continued to trend higher following the break above the descending channel (flag for...
China Appoints 7 New Central Bank Advisors
China’s State Council on Monday announced the appointment of seven new members of the central ...
Oil Price Lower as OPEC Continues to Pump at Record High
Oil prices fell Monday as the U.S. dollar rose and the energy market’s focus shifted back to the g...
Indonesia to Rejoin OPEC to Build Relationships with Suppliers
Indonesia’s energy ministry said Friday the country will rejoin the Organization of Petroleum ...
US Oil Drillers Close Seven Rigs
The market has been waiting for the slowdown in the rig count to stop as crude prices have rebounded...
Gold Caught Between Greece and Strong USD
Gold was little changed on Monday, as the impact of a stronger dollar ahead of a Federal Reserve pol...
New Zealand Joins China Led Investment Bank
New Zealand has agreed to become a founding member of the Chinese-led Asian Infrastructure Investmen...
Wall Street Opens Lower After Greek Turmoil
U.S. stocks fell sharply at the open on Monday as Greece came closer to a debt default after talks w...
UK Thinktank Says Wages Rising Faster than 2007
Employment figures for April due later this week are expected to show the biggest rise in real wages...
China Shares Fall 2% on Cool Down Measures
Mainland Chinese shares closed down 2% on Monday, leading losses in Asia as investors worried about ...
FTSE Lower After Greek Turmoil
The benchmark FTSE 100 index was down 48 points, or 0.51%, at 6736.92. Miner Fresnillo lost early ga...
Russian Central Bank Cuts Rates to 11.5%
Russia has cut its main interest rate from 12.5% to 11.5% as inflation eases. In a statement the cou...
US Factory Production Falls in May
Factory production unexpectedly declined in May as the slump in energy output deepened. The 0.2 perc...
Russia Slows Easing Pace as Ruble Thwarts Deeper Rate Cuts
The Bank of Russia cut its key interest rate for the fourth time this year, delivering the smallest ...
Out of Options and Time, Tsipras Faces Greece’s Moment of Truth
Greek Prime Minister Alexis Tsipras has four days to capitulate to demands to keep Greece in the eur...
EM Exodus: More Pain Ahead?
Emerging markets will continue to suffer hefty outflows as the U.S. Federal Reserve gets closer to &...
Dollar Bulls Looking For Signs to Add to Positions
Capital Markets to remain on alert all week Greece sees creditors demands as “irrational”...
Greece on ‘Brink of Disaster;’ Calls Emergency Meeting
Greece’s Prime Minister Alexis Tsipras is to hold an emergency government meeting at midday Lo...
Brexit: How It Could Harm the UK, According to S&P
The debate over the U.K.’s future in the European Union has entered a new phase, with both sid...