US Crude Higher as Crude Inventories Miss Forecast
US crude futures have posted small gains on Wednesday, reversing the downward trend of the Tuesday s...
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NZD/USD – Kiwi Rally Continues on Yellen Dovish Comments
NZD/USD has posted strong gains on Wednesday, continuing the upward trend which marked the pair in t...
Kuwait and Saudi Arabia to Resume Shared Oil Field Production
Kuwait and Saudi Arabia are set to resume oil production at a joint offshore field. That’s acc...
ADB Forecasts 6.5% China Growth in 2016
Economic growth in China is projected to slow this year and next year, with the world’s No. 2 ...
USD on Track for Worst Quarter After Fed Rate Hike Hopes Doused
The dollar fell broadly on Wednesday and with just one more day left in March headed for its worst q...
Gold Steady After Post Yellen Speech
Gold prices are trading not far from unchanged levels in early U.S. dealings Wednesday. The market i...
Oil Rises as Dollar Deflates After Yellen Dovish Comments
Oil futures edged up on Wednesday to near $40 per barrel as a weaker dollar spurred interest in risk...
China to End Corn Stockpiling Scheme
China plans to scrap its corn stockpiling scheme and allow markets to set prices for the grain, push...
Gross Says Central Banks Running Out of Time
Bond manager Bill Gross, who runs the Janus Global Unconstrained Bond Fund, said central banks are &...
Fed’s Evans Says April Hike Would be a Surprise
The Federal Reserve is reluctant to plow ahead with more interest rate hikes because of increased gl...
India Trying to Build Oil Buffer
India’s got an oil problem. The country’s lightning-fast growth rate is fueling increase...
London Prime-Home Values Fall on `Brexit’ Fears, Stamp Duty Hike
Home values in London’s best districts fell for the third consecutive quarter as financial-market ...
Europe Traders Aren’t Waiting Around to See If Rebound Holds
European stocks, which plunged 17 percent to start the year then recouped half the losses, are sudde...
Thousands of Jobs at Risk as India’s Tata Steel Seeks British Exit
India’s Tata Steel wants to sell Britain’s biggest steelmaker, putting thousands of jobs...
ECB Will Not Take Rates to ‘Absurdly’ Negative Levels – Coeure
The European Central Bank will not move interest rates into “absurdly” negative territor...
Euro Zone ‘Flying on One Engine’: S&P
The euro zone economy is “flying on one engine,” according to the chief European economi...
USD/JPY – Yen Strengthens as Yellen Dismisses Hike Talk
USD/JPY has posted small gains on Wednesday, as the pair trades at 112.44 at the start of the North ...
ADP Payrolls Adds 200,000 Jobs in March
U.S. private employers added 200,000 jobs in March, above economists’ expectations, a report b...
US ADP Private Payrolls Expands by 200,000
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Jobs Data Less Significant After Yellen Remarks
With Janet Yellen’s comments on Tuesday having appeared to have left little chance of a rate hike ...