Will OPEC Deliver A Crude Missile?
Today’s OPEC meeting will determine the direction of oil for the coming months with an extensi...
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USD/CAD Canadian Dollar Higher After Central Bank Holds Rate
The Bank of Canada kept rates unchanged but statement was not all dovish The Canadian dollar is high...
Gold Flat as Federal Reserve Minutes Loom
Gold is showing little movement in the Wednesday session. In North American trade, spot gold is trad...
GBP/USD – Pound Stays Close to 1.30, Markets Eye British GDP
GBP/USD has inched lower in the Wednesday session. In the North American session, the pair is tradin...
US Oil Inventories Fell by 4.4 Million Barrels Last Week
U.S. crude stocks fell last week as refineries hiked output, while gasoline stocks decreased and dis...
USD/JPY – Yen Drifting as Markets Look for Rate Clues from Fed Minutes
USD/JPY continues to show little movement this week, as the pair drifts in the Wednesday session. I...
BoC Leaves Rates Unchanged, Points to Positive Q1
The Bank of Canada left its main interest rate unchanged Wednesday at +0.50% while a sounding a posi...
ECB’s Draghi Sees No Need to Deviate from Policy Path
The side-effects of the European Central Bank’s unconventional policy tools have remained R...
Kuwait says OPEC, non-OPEC could deepen oil cuts
OPEC and non-member oil producers could deepen output cuts or extend them for a year at a meeting in...
Mere Talk of Zuma Ouster Spurs South Africa Bulls to Bet on Rand
Will he stay or will he go? As leaders of South Africa’s ruling party prepare to discuss a potenti...
CAC Unchanged Ahead of Fed Reserve Minutes
The France CAC 30 is unchanged in the Wednesday session. Early in the North American session, the CA...
June Hike All But Priced In Ahead of FOMC Minutes
We’re expecting a relatively flat open on Wall Street on Wednesday, as traders await the minutes f...
DAX Steady as German Consumer Confidence Remains High
The DAX index has inched lower in the Wednesday session. Currently, the DAX is trading at 12,641.00 ...
Fed Focus Trumps Moody’s China Downgrade
Wednesday May 24: Five things the markets are talking about It’s been a busy overnight session...
EUR/USD – Euro Unchanged as German Consumer Climate Meets Expectations
The euro continues to have a quiet week, as EUR/USD continues stays close to the 1.12 line in the We...
China Downgraded By Moody’s
China has received a downgrade on its credit score, on worries about the future state of the economy...
Trump Releases Budget Plan For Tax Payers
U.S. President Donald Trump asked lawmakers on Tuesday to cut $3.6 trillion in government spending o...
Macron Presents Labour Reforms to Unions
French president Emmanuel Macron has presented to unions his plans for landmark labour reforms, a fl...
China Downgrade Irons Australian Dollar
A surprise sovereign downgrade of China by Moody’s sees iron ore collapse taking the Australi...
Commodities Diverge in Asian Trading
Commodities diverge as Oil settles near its recent highs ahead of tomorrow’s OPEC meeting, wh...