US Import Prices Drop in November
U.S. import prices recorded their biggest drop in nine months in November on declining petroleum cos...
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UK Inflation Rises 1.2% in November
UK inflation climbed to 1.2% in November, the highest level in more than two years, in a sign that t...
China Files WTO Complaint Against US and Europe
China has filed a complaint with the World Trade Organisation over the way the US and Europe use ant...
IEA Upgrades Oil Demand Forecast After OPEC Agreement
The next few weeks will give investors an insight into whether the production cuts by OPEC and non-O...
Trump Victory to Bring Mexico and China Closer Together
China and Mexico pledged on Monday to deepen ties at a meeting between their top diplomats following...
ADB Cuts Asian Growth Forecast to 5.6% in 2017
The Asian Development Bank (ADB) has trimmed its 2016 economic growth forecast for Asia to reflect s...
More Record Highs Eyed Ahead of Fed Tomorrow
US traders are eyeing more record highs as we near the open on Wall Street on Tuesday, with all thre...
USD/CAD – Canadian Dollar Unchanged, Fed Rate Hike Looms
The Canadian dollar is unchanged in the Tuesday session. In North American trade, USD/CAD is trading...
Markets Look For Conviction From Fed
Tuesday December 13: Five things the markets are talking about The Fed’s highly anticipated tw...
USD/JPY – Dollar Punches Above 115, Tankan Indices Next
USD/JPY has posted gains on Tuesday, erasing the losses which marked the Monday session. Currently, ...
EUR/USD – Euro Steady as German ZEW Economic Sentiment Unchanged
The euro has edged lower on Tuesday, following strong gains in the Monday session. Currently, EUR/US...
China Beats on Industrial Output and Retail Sales
China’s factory output and retail sales grew faster than expected in November, while fixed-ass...
Nikkei Up on Yen Losses, Europe Seen Flat
Japanese stocks rallied as the yen weakened before the U.S. Federal Reserve’s meeting this week, w...
Monte Paschi Desperately Seeking Funding as Deadline Looms
Banca Monte dei Paschi di Siena SpA is making a last-ditch effort to raise funds as the prospect of ...
Output Deal Could Cut Oil Surplus in Half
On paper, OPEC’s supply deal could drain almost half the global oil glut within six months. Record...
UK Lawmakers Seeking Brexit Transition Deal
Prime Minister Theresa May must strike a temporary transition deal with the European Union, British ...
Chinese Think Tank Targets 6.5% Growth for 2017
China should set the growth target for next year around 6.5% as downward pressure on the Chinese eco...
US Shale Producers The Real Winners of OPEC Deal
There’s joy in the U.S. oil patch, as other oil-producing countries joined OPEC in a deal to s...
XAU/USD – Gold Starts Week With Gains, Fed Meeting Looms
Gold prices have shown modest gains in the Monday session. In North American trade, the spot price f...
WTI/USD – US Crude at Highest Level Since July 2015
US crude has posted slight losses in the Monday session. Currently, WTI/USD futures are trading at $...