IEA President Says Oil Prices Facing Downward Pressure Despite OPEC
Oil prices are set to fall later this year despite the recent OPEC agreement to limit production, Fa...
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XAU/USD – Gold Rallies to 8-Week High on Trump’s Dollar Comments
Gold prices have moved higher, as the metal currently trades its highest level since November 22. In...
WTI/USD – US Crude Briefly Climbs on Bullish Saudi Comments
US crude showed flexed some muscle in the Tuesday session, but was unable to consolidate the gains. ...
May Comments Trigger Short Squeeze in Sterling
We’re seeing a textbook short squeeze in the pound today following Theresa May’s press conferenc...
USD/JPY – Soft Dollar Slides Below 113 Yen, US Inflation Data Next
USD/JPY has posted considerable losses in the Tuesday session. In the North American session, the pa...
May Pledges Vote on Brexit Taking U.K. Out Of EU’s Single Market
Prime Minister Theresa May pledged to pull Britain out of the European Union’s single market while...
USD/CAD – Canadian Dollar Jumps on Soft Greenback, BoC Rate Statement Next
The Canadian dollar has posted strong gains in the Tuesday session. Early in North American trade, U...
Trump Comments Send Dollar Lower
The dollar weakened and gold advanced with bonds after the President-elect said the U.S. currency is...
Globalization Not to Blame
Economic globalisation has become a “Pandora’s Box” for many, but global problems ...
Xi Warns No One Wins in Trade War
Chinese President Xi Jinping warned countries on Tuesday against returning to protectionist trade po...
EUR/USD – Euro Jumps to 8-Week Highs, Markets Brace for May’s Brexit Speech
EUR/USD is showing strong gains in the Tuesday session. Currently, the pair is trading at the 1.07 l...
May to Detail Out 12 Point Brexit Plan
Britain will not seek a Brexit deal that leaves it “half in, half out” of the EU, Prime ...
Trump Intervenes With Dollar Rhetoric
Tuesday January 17: Five things the markets are talking about Investor nervousness over U.S Presiden...
GBP/USD – Pound Jumps on Strong CPI, May Speech on Brexit Next
The British pound has started the Tuesday session with strong gains. In the European session, GBP/US...
Oil Rises After Saudi Comments on Production Deal Term
Oil rose in New York after Saudi Arabia’s energy minister said OPEC probably won’t need to exten...
BoE’s Carney Will Face Inflationary Pressures Sooner Rather than Later
Mark Carney says his tolerance for faster inflation is limited, and the signs are that those limits ...
Sterling Slides Ahead of May Brexit Speech
Senior Market Analyst Craig Erlam talks about the reasons behind Monday’s sterling moves and g...
XAU/USD – Gold Steady at $1200, Markets Eye May Speech on Brexit
Gold prices are steady in Monday’s North American session, as the metal trades just above the ...
PWC Survey Shows 6 out of 10 Global CEOs is Worried About US Protectionism
Top business leaders are freaking out about trade. Nearly six in 10 global CEOs are worried about pr...
WTI/USD – Crude Steady in Thin Trade as US Markets Closed
US crude is quiet in the Monday session. In North American trade, US crude futures are trading at $...