Gold Under Pressure After Strong US Consumer Index
Gold prices continue to trade near session lows as U.S. consumers still feel optimistic over the sta...
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BIS Warns China About Growing Debt
There are renewed calls for China to rein in its extraordinary mountain of debt or risk what Austral...
Goldman Lowers Oil Price Q4 Forecast to $43
U.S. investment bank Goldman Sachs has lowered its forecast for the price of oil price, saying its s...
Iraq Backs Oil Output Freeze
OPEC’s second largest producer has thrown its weight behind an oil output freeze. Iraqi oil mi...
US Home Prices Gain in July
U.S. home price gains slowed slightly in July from the previous month, with the tentative forecast o...
USDMXN Rises After Trump Clinton US Debate
Financial markets wasted no time in giving their verdict on the first U.S. presidential debate: Dona...
Iran Energy Ministers Says Oil Output Freeze Not on Agenda
Iran is not willing to freeze its oil output at current levels and doesn’t intend to forge an agre...
US Consumer Confidence Rises to Post Recession High
A key measure of consumers’ attitudes increased in September, to its highest level since the r...
Saudi Arabia and Iran Still Working on Bridging Gap in Algiers
Saudi Arabia and Iran on Tuesday dashed hopes that OPEC oil producers could clinch an output-limitin...
XAU/USD – Gold Slips as Consumer Confidence Sparkles
Gold has posted considerable losses on Tuesday. In the North American session, the metal is trading ...
WTI/USD – US Crude Slips as Hopes for OPEC Deal Fade
US crude has posted strong losses on Tuesday, erasing the gains made in the Monday session. In North...
Britain Promises Brexit Will Not Create Legal Vacuum at WTO
Trade secretary Liam Fox promised on Tuesday that Britain’s departure from the European Union ...
UK Retail Sales Suffer September Setback – CBI
British retail sales fell unexpectedly this month after a strong showing in August, according to a s...
Clinton Puts Trump on Defensive in Blistering Debate
Democrat Hillary Clinton accused Republican Donald Trump of racism, sexism and tax avoidance on Mond...
China Industrial Profits Rise Most in Three Years as Economy Shows Signs of Stabilizing
Profits in China’s industrial sector rose at the fastest pace in three years as the world̵...
Saudi Energy Minister Dashes Hopes for OPEC Deal in Algeria
Saudi Arabia on Tuesday dashed hopes that OPEC oil producers could clinch an output-limiting deal in...
GBP/USD – Pound Shows Volatility on Dismal Retail Sales Survey
GBP/USD is showing some movement on Tuesday, but remains unchanged on the day. Early in the North Am...
Oil and Fed’s Fischer in Focus
US futures are pointing to a slightly higher open on Wall Street on Tuesday, with investors slightly...
USD/CAD – Slumping Canadian Dollar Slips to 6-Month Lows, US Consumer Confidence Next
The Canadian dollar is under pressure on Tuesday, following sharp losses in the Monday session. Curr...
USD/JPY – Yen Drops on Soft Inflation Report But Recovers
The yen has shown some movement on Tuesday, although USD/JPY remains unchanged on the day, trading a...