Oil Drops After API Says Market Will Be Oversupplied for Two Years
Oil prices eased on Wednesday after figures from an industry group showed U.S. crude stockpiles rose...
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Japanese Government Downgrades Economic Assessment
The government on Wednesday downgraded its basic assessment of the Japanese economy, citing weakenin...
Bundesbank Weidmann Does not See Sustained Deflation Pressures
The European Central Bank should be flexible about the time it takes to lift inflation back to targe...
Fed’s Yellen Facing Questions from Within FOMC
Fed Chair Janet Yellen has something of a mini revolt on her hands. Four of the 17 members of the Fe...
IEA Says Oil Output Freeze is More of a Gesture to Stabilize Prices
A deal among some Opec producers and Russia to freeze production is perhaps “meaningless” as Sau...
GBP Hedging Costs Rise to 6 Year High as Brexit Referendum Looms
The cost of hedging against sharp swings in sterling surged to its highest in almost six years on We...
London Mayor Says Finance Industry Would Flourish Outside EU
London’s finance industry would “flourish mightily” if Britain votes to leave the European Uni...
USD/SGD – Sing Slips on Weak Singapore CPI
USD/SGD has posted considerable gains on Wednesday, as the pair trades at 1.3650 in the European ses...
British ‘out’ Campaign Takes 2 Percentage Point Lead Ahead of EU Referendum – ICM Poll
The campaign for Britain to leave the European Union has taken a 2 percentage point lead, according ...
Weak Yuan May Not Boost China’s Economy: PBOC Adviser
A weaker renminbi, or yuan won’t necessarily lift China’s sagging economic growth rates,...
USD/JPY – Yen Posts Losses, Markets Eye US Housing Release
USD/JPY has posted gains on Wednesday, continuing the trend that has marked the pair all week. The p...
No Deal on Dollar-Yuan as Far as We Know: IMF
There were no secret backroom agreements at the Group of 20 (G-20) meeting in Shanghai to manage the...
Russia Growing, Low Ruble Will Help: Deputy PM
The Russian economy is adjusting to a new low oil price environment, the country’s deputy prim...
FX5: Dollar Remains King
Wednesday March 23: Five-things that the markets are talking about The recent rally in equities is b...
EUR/USD – Euro Dips Below 1.12, Markets Eye US Housing Report
EUR/USD has posted slight losses on Wednesday, as the pair trades just below the 1.12 line in the Eu...
USD/CAD Loonie Lower After Canadian Federal Budget No Longer Promising Return to Surplus
The loonie had a volatile day after the Brussel terrorist attacks shocked the world. The release of ...
Fed’s Evans Says CB Held Rates Due to More Risks to Economic Outlook
The Federal Reserve’s decision not to raise interest rates last week but to wait until it is m...
Gold Jumps After Brussels Attacks Before Retracting
Gold has showed little net change on Tuesday, with the spot price trading at $1246.43 an ounce in th...
US Crude Steady, Richmond Manufacturing Index Surges
US crude futures are showing marginal change on Tuesday, trading at $41.39 a barrel in the North Ame...
Brussels Attacks Could Change Brexit Outcome
European stocks, especially the transportation sector, were declining, in the wake of Tuesday’...