What Were the Key Change’s in Hammond’s First Autumn Statement?
British finance minister Philip Hammond delivered his first detailed statement to parliament on budg...
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UK to Borrow More as Growth Forecast to Stall
Britain has ramped up its borrowing outlook by much more than expected after forecasters said its vo...
XAU/USD – Gold Slides as US Durables, Consumer Confidence Beat Estimates
After an uneventful start to the week, gold prices have dropped sharply on Wednesday. In the North A...
WTI/USD – US Crude Unchanged as Durable Goods Shines, Jobless Claims Rises
US crude is showing little movement in the Wednesday session. In North American trade, WTI/USD futu...
GBP/USD – Pound Ticks Lower, UK Forecasts Lower Growth in 2017
GBP/USD has edged lower on the Wednesday session. In North American trade, the pair is trading sligh...
USD Takes Off Again
Senior Market Analyst Craig Erlam talks about the UK Autumn Budget, today’s US economic data a...
USD/JPY – Yen Slides to 8-Month Lows as US Durable Reports Sparkle
USD/JPY has recorded sharp gains on Wednesday, as the pair trades at 112.40 in the North American se...
USD/CAD – Canadian Dollar Drops as US Durables Jump Higher
After an uneventful start to the day, the Canadian dollar is heading downward in Wednesday’s N...
U.S Durable Goods Orders Rise
Orders for U.S. business equipment climbed in October for the fourth month in the last five and sale...
U.S. Jobless Claims Rebound
Filings for unemployment benefits in the U.S. rebounded last week from a four-decade low while remai...
ECB to Lend More Bonds to Avert Market Freeze
The European Central Bank is looking for ways to lend out more of its huge pile of government debt t...
U.S. Retailers Push Black Friday Deals Early
With sales on Black Friday slipping, U.S. retailers are offering pre-Thanksgiving deals even earlier...
North Sea Oil Glut to Get Short-Term Relief
A glut of North Sea oil that’s helped depress global prices and heap pressure on OPEC is poised fo...
Markets Calm But Today’s Key Events Still to Come
It’s been quite a slow start to trading on Wednesday, with equity markets in Europe trading relati...
Bond Rout Takes a Breather, FOMC Minutes Next
Wednesday November 23: Five things the markets are talking about Death, taxes, and a Fed rate hike i...
Brexit Uncertainty Been Less of a Drag on Growth According to BoE’s Forbes
Political and economic uncertainty before and after Britain’s vote to leave the European Union...
Irish Corporate Tax Rate Will Not Budge
There is no question of Ireland moving its 12.5 percent corporate tax rate in either direction in re...
Eurozone Business Growing at Fastest Rate This Year
Euro zone business expanded at the fastest rate this year in November, thanks to strong activity at ...
Businesses Leaving Greece to Escape Austerity
Greek businessman Prokopis Makris believes moving to Bulgaria three years ago was the best decision ...
EUR/USD – Euro Dips Despite Solid German, Eurozone Manufacturing PMIs
EUR/USD has edged lower on Wednesday, as the pair trades at the 1.06 line. On the release front, it&...