Petrocurrencies likely to benefit from more stable markets
While oil prices are showing volatility following the announcement of OPEC’s production cuts, pric...
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CNBC/Moody’s Survey Shows Economists Slashed US Growth Forecast in Q2
Economists slashed forecasts for second quarter growth by as much as a half percent, after new data ...
Gold Unchanged After Cautious Fed Minutes, Revised GDP Next
Gold is almost unchanged in the Thursday session. In North American trade, spot gold is trading at $...
GBP/USD – Pound Edges Lower on Soft British GDP
GBP/USD has ticked lower in the Thursday session. In the North American session, the pair is trading...
Gold Higher After OPEC Deal extension
Gold prices are modestly higher in early U.S. trading Thursday, on a technical rebound from the rece...
USD/JPY – Yen Edges Lower as US Jobless Claims Beat Expectations, Japanese Inflation Next
USD/JPY has posted slight gains in the Thursday session. In North American trade, the pair is tradin...
Sellers Queue Up in Hot Toronto Property Market
After a double whammy of government intervention and the near-collapse of Home Capital Group Inc., s...
CAC Steady in Holiday-Thinned Trade
The France CAC 30 continues to have a quiet week. This lack of movement has continued on Thursday, w...
Will Chinese Domestic Debt Mount Up After Downgrade?
The downgrade of China’s debt by Moody’s Investors Service may push Chinese companies to borrow ...
Commodity Currencies Dip as OPEC Underwhelms
The Canadian, Australian and New Zealand dollars all fell solidly on Thursday, tracking a drop in oi...
Are Both Sides Softening Brexit Rhetoric
Brexit negotiations are set to start in less than a month with signs emerging that for all the hard ...
US Yields Hold Declines After Jobless Numbers
U.S. Treasury yields held at lower levels on Thursday as the latest domestic data on first-time fili...
U.S Jobless Claims Rise in a Solid Job Market
U.S. jobless-benefit claims inched up last week, while still hovering near levels that reflect a str...
OPEC Extends Oil Cuts for Nine Months to End Global Glut
OPEC extended oil production cuts for nine more months after last year’s landmark agreement failed...
DAX Subdued on German Holiday
The DAX index continues to have a quiet week. The lack of movement continues on Thursday, with no Ge...
Euro on Course For Best Year in a Decade
It was supposed to be a year of risk that could lead to a break up of the euro. It’s turning out t...
UK Consumer Slowdown Weighs on Q1 Growth
Main points UK gross domestic product (GDP) in volume terms was estimated to have increased by 0.2% ...
Oil Whacked as OPEC Discusses Cut Extension
US equity markets look likely to test their all-time highs on Thursday, with the S&P 500 on cou...
EUR/USD – Euro Drifting Continues in Thinned Holiday Trade, Fed Minutes Disappoint
The euro is showing little movement in the Thursday session, and with German and French banks closed...
Dollar Cannot Catch a Break
Thursday May 25: Five things the markets are talking about There were no surprises from the Fed yest...