USD Mixed as Lower Oil Hits Commodity Currencies
The dollar was little changed against a basket of currencies on Wednesday, hovering at a one-month p...
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Oil Lower on Wednesday Despite Fall in US Weekly Inventories
Oil prices fell on Wednesday despite a larger-than-expected decline in U.S. crude and gasoline inven...
Russia Cancels Talks with US Undersecretary of State
Russia’s deputy foreign minister says he has cancelled upcoming talks with the U.S. undersecre...
Gold Remains Close to 5-Week Low as Fed Sounding Hawkish
Gold is showing little movement in the Wednesday session. In North American trade, spot gold trading...
GBP/USD – Pound Steadies as MPC Member Haldane Supports Rate Hike
The British pound has stabilized and posted slight gains in the Wednesday session. In North American...
U.S Long Bonds Outperform on Inflation Concerns
The U.S. Treasury yield curve held near 10-year lows on Wednesday as investors evaluated the impact ...
Oil Rallies as EIA Reports Weekly Fall in U.S Crude Supplies
Oil prices added to earlier gains Wednesday after data from the U.S. Energy Information Administrati...
U.S. Existing Home Sales Unexpectedly Rise in May
U.S. home resales unexpectedly rose in May to the third highest monthly level in a decade and a chro...
USD/JPY – Yen Inches Lower After BoJ Minutes
It has been an uneventful week for USD/JPY, which has posted small gains in the Wednesday session. I...
BOJ Minutes Show Despite Soft Inflation CB Still Optimistic
Many Bank of Japan board members shared the view in April that wage gains and inflation in the count...
OPEC Production Deal Compliance at 106%
OPEC and non-OPEC oil producers’ compliance with a deal to cut global output has reached its h...
Iran says OPEC Considering Further Oil Cuts
Iranian oil minister Bijan Zanganeh said on Wednesday that OPEC members are considering further oil ...
Oil Rises Awaiting Weekly US Crude Inventory Data
Oil futures erased earlier losses as investors await U.S. supply data after news reports said Iranâ€...
Saudi Arabia’s Leadership Change Could Impact Oil Prices
Oil market participants were assessing on Wednesday the potential impact upon the world’s most...
GBP Rebound After BoE Economist Signals Hike in H2
Sterling rebounded from a two-month low on Wednesday to trade back above $1.27, after Bank of Englan...
CAC Drops as Oil Prices Sag to 7-Month Low
The CAC index has posted losses in the Wednesday session. The index has dropped 0.53% and is current...
Mild Risk Aversion Seen in Early Trade
US indices are seen pulling a little further away from record high levels on Wednesday, as we appear...
DAX Loses Ground, German Bonds Lower
The DAX index has dipped lower on Wednesday, giving up the slight gains from the Tuesday session. Th...
EUR/USD – Euro Calm as Investors Look for Cues
The euro continues to show little movement this week, and has inched higher in the Wednesday session...
Oil Spill Sends Stocks and Yields Lower, Dollar Steady
Wednesday June 21: Five things the markets are talking about With the lack of fundamentals on offer ...