Strong USD, Slow China and Supply Glut Pressure Oil Price Lower
Suggestions that cheap oil will cure itself by spurring demand may fail to play out as consumers loo...
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Official China PMI Drop to 50 in July
China’s factories hit an unexpected speed bump in July, hiking concerns about slower growth in...
AUD Rose After RBA Held Rates
The Australian dollar rose sharply by more than one US cent after the RBA kept the cash rate on hold...
UK House Prices Rise After Stamp Duty Changes
House prices in the UK edged up by 0.4% in July, rising to a new high of £195,621, figures from Nat...
UK Construction Industry Slows in July
Growth in Britain’s construction industry has slowed unexpectedly in July, hurt by a loss of momen...
IMF Says Sanctions Have Shrunk Russian Economy 9%
Sanctions imposed on Russia because of its support for separatists in Ukraine could shrink the econo...
UK Government Begins Sale of RBS Stake
The government has begun its sell-off of shares in part-nationalised lender Royal Bank of Scotland, ...
BOJ Deputy Plays Down Fed Rate Hike Risk to Markets
Bank of Japan Deputy Governor Kikuo Iwata on Tuesday played down any risk that expected interest rat...
Commodities Eyed as Rout Continues
The rout in commodity markets will remain front and centre on Tuesday, as a lack of economic data le...
Australian Miners are Shrugging of Gold’s Slide
Spot gold’s tumble to a half-decade low may have injected fear into the hearts of many gold mi...
As widely expected, the RBA at its meeting today decided to leave the cash rate unchanged at 2%
Content is for general information purposes only. It is not investment advice or a solution to buy o...
Oil Outlook Remains Weak
Oil prices edged up in early Asian trading on Tuesday following a 5 percent fall in the previous ses...
Trade Ministry: China’s Import Growth to Remain Sluggish
China’s import growth is likely to remain at a low level, the Commerce Ministry said on Tuesda...
AUD/USD Remains Under 0.73 Ahead of RBA
The Canadian dollar languished at 11-year lows on Tuesday as a continuing selloff in oil prices thru...
Asian Equities Struggling as Oil Steadies
Asian shares struggled to stay positive on Tuesday after downbeat economic data pressured Wall Stree...
USD/CAD Above 1.3150 Remaining Under Pressure
The Canadian dollar languished at 11 year low early on Tuesday after slipping along with other commo...
West TX Oil Steadies in Asia
U.S. crude futures edged higher in early Asia trade on Tuesday, after falling 4 percent in the previ...
Gold Eases Below $1085 as U.S. Rate Worries Weigh
Gold dropped for a third session in four on Tuesday, closing in on a 5-1/2-year low, with selling pr...
Asian Equities Mixed Ahead of Central Banks
Asian shares traded mixed early Tuesday as investors awaited key central bank decisions in the regio...
S&P Revises EU Outlook to ‘negative’
Standard & Poor’s Ratings Services revised on Monday its outlook for the European Union t...