Gold Stabilizes After Poor Start to Week
Gold has steadied on Tuesday, posting slight gains. In the North American session, spot gold is trad...
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IMF Downgrades US Growth to 2.1% in 2017
The International Monetary Fund cut its outlook for the U.S. economy, removing assumptions of Presid...
GBP/USD – Pound Edges Higher on Stronger UK Sales Growth
The British pound has posted slight gains in the Tuesday session. In North American trade, GBP/USD i...
OPEC Delegates Say No Additional Oil Cuts Considered
OPEC will not rush into making a further cut in oil output or end some countries’ exemptions t...
Fed’s Williams Offers Dovish Growth Assessment of Advanced Economies
Central banks in the United States and other advanced economies will find themselves stuck with slow...
US Consumer confidence Rose in June
The Consumer Confidence Index rose in June to 118.9, despite expectations for it to drop, The Confer...
USD/JPY – Yen Steady as US Consumer Confidence Improves
USD/JPY is trading quietly in the Tuesday session. In North American trade, the pair is trading at t...
DAX Dips as Draghi Says ECB Stimulus to Continue
The DAX index has lost ground in the Tuesday session. Currently, the index is at 12,679.50, down 0.7...
CAC Dips as Draghi Remains Cautious About Inflation
The CAC index has reversed directions and lost ground in the Tuesday session. Currently, the index i...
Central Bankers Take Centre Stage on Tuesday
Central bankers will be the centre of attention over the next couple of days, with a number of polic...
EUR/USD – Euro Improves as Draghi Upbeat About Economy
The euro has posted gains in the Tuesday session. EUR/USD is trading at 1.1260, as the pair is up 0....
UK Consumer Confidence Plummets Post-Election
Britain’s messy election outcome and a weakening of the housing market have caused a sharp of ...
Trump Urges More Relaxed Trade Barriers With India
U.S. President Donald Trump urged Indian Prime Minister Narendra Modi to do more to relax Indian tra...
Globalization Brings Benefits to All Countries
Chinese Premier Li Keqiang delivered an address resoundingly touting the benefits of globalization d...
EUR Climbs as Draghi Praises Strengthening Recovery
The European Central Bank (ECB) will have to be prudent to gradually adjust its monetary stimulus to...
Gold Slips as Investors Shrug Off Soft Durable Reports
Gold has posted losses to kick off the new trading week. Spot gold is down 1% on the day, as the met...
USD/CAD Canadian Dollar Higher After US Durable Goods Disappoint
The Canadian dollar started the week gaining versus the US dollar. The comments from Bank of Canada ...
GBP/USD – Pound Inches Upwards, PM May Secures DUP Support
The British pound has started the trading week quietly. In North American trade, GBP/USD has ticked ...
USD/JPY – Yen Ticks Lower, US Durables Disappoint
USD/JPY is showing limited movement at the start of the week. The pair has posted small losses on Mo...
UK Personal Debt Growth Slows in May
The growth in borrowing on loans, credit cards and overdrafts slowed in May, figures from UK banks h...