Bond Dealers Playing Catch Up
Thursday March 2: Five things the markets are talking about Fed-funds futures contracts suggest trad...
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Gold Resilient as Markets Price in March Fed Hike
European equity markets are expected to open a little higher on Thursday, continuing the trend over ...
Gold Unchanged as Trump Speech Underwhelms Markets
Gold is almost unchanged in the Wednesday session. In North American trade, the spot price for one o...
West Texas Crude Unchanged as Crude Inventories Matches Forecast
West Texas crude is unchanged in the Wednesday session. In North American trade, WTI crude futures ...
GBP/USD – Pound Falls Below 1.23 on Soft UK Manufacturing PMI
GBP/USD has posted losses in the Wednesday session. In North American trade, GBP/USD is trading at 1...
US EIA Shows Lower than Expected Crude Inventory Buildup
The U.S. Energy Information Administration on Wednesday reported an eighth straight weekly increase ...
Dow Jones Breaks Above 21,000
The Dow Jones Industrial Average topped 21,000 points for the first time, with the blue-chip index r...
USD/CAD – Canadian Dollar Slips to 5-Week Lows on BoC Concerns
USD/CAD continues to rally this week. The pair has posted slight gains on Wednesday, trading at 1.33...
US Tax Cuts Won’t Be Here This Year Says Carlyle Group
President Donald Trump is very serious about pushing through the tax cuts promised in his campaign b...
US Construction Fell in January
U.S. construction spending unexpectedly fell in January as the biggest drop in public outlays since ...
Bank of Canada Kept Rate Unchanged at 0.50%
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/2 p...
CAD Lower Ahead of BoC as March Fed Rate Hike Odds Rise
The Canadian dollar weakened on Wednesday to a fresh five-week low against its U.S. counterpart ahea...
Oil Higher As Producers Comply OPEC Agreement
Oil edged higher on Wednesday as investors took heart from strict OPEC compliance with its pledge to...
US Dollar Higher on March Rate Hike Expectation
The dollar hit a seven-week high on Wednesday after hawkish comments from two Federal Reserve offici...
Gold Under Pressure as Strong US Data and Rate Hike Boost USD
Gold prices remain under pressure but still off its lows following despite data that points to renew...
IMF says Iran’s Economy Out of a Recession But Risks Remain
Iran’s economy rebounded out of a recession after the nuclear deal with world powers, the Inte...
Euro Zone Manufacturing Touches Six Year High in February
Euro zone manufacturing growth accelerated to a six-year high in February as a weaker euro helped dr...
German Central Banker Says Euro Zone Inflation Will be Higher in 2017
Euro zone inflation is likely to be sharply higher in 2017 than projected but will still dip towards...
German Inflation Rises in February to Four Year High
German inflation accelerated further in February, reaching its highest level in four-and-a-half year...
US Consumer Spending Rose in January
U.S. consumer spending rose less than expected in January as the largest monthly increase in inflati...