Oil Prices Rise on OPEC and Trump
Oil prices rose on Wednesday, following news of Saudi supply cuts to Asia, but persistent doubt over...
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Railroad Executive Not Worried About US Trade Policy
The head of America’s largest railroad isn’t worried about disruptive changes to trade p...
USD Rises Ahead of President-Elect News Conference
The dollar gained ground against the yen, euro and pound on Wednesday, as expectations of a pro-grow...
Robert Shiller Says Trump Gives Cause for Optimism and Nervousness
Nobel–winning economist Robert Shiller told CNBC on Wednesday “I’m nervous” abou...
S&P Says US Has Long Way to Go to Regain AAA Status
It has been more than five years since credit ratings firm Standard & Poor’s downgraded t...
USD/CAD – Canadian Dollar Unchanged Ahead of Crude Inventories and Trump Speech
The Canadian dollar is unchanged in the Wednesday session. Early in the North American session, USD/...
China Open to Meeting Trump Aids in Davos
China’s President Xi Jinping’s delegation to the World Economic Forum (WEF) to be held i...
UK Small Business Confidence at Pre-Brexit Levels
The last quarter saw small businesses in the U.K. regain their confidence to pre-referendum levels b...
Oil Rises as Saudis Cut Supplies to Asia
Oil prices rose for the first time in three days on Wednesday, following news of Saudi supply cuts t...
USD/JPY – Dollar Edges up to 116 Yen, Trump Press Conference Next
USD/JPY has posted slight gains in the Wednesday session. In North American trade, the pair is tradi...
Can Trump Live Up to High Market Expectations?
US futures are edging higher ahead of the open on Wednesday, as attention turns to Donald Trump’s ...
Investors Seek Assurance from ‘Rookie’ Trump
Wednesday January 11: Five things the markets are talking about Will PEOTUS take an aggressive line ...
EUR/USD – Euro Edges Lower as Markets Eye Trump Press Conference
EUR/USD has edged lower in the Wednesday session, as the pair trades at 1.0520 in North American tra...
Oil and Gas Industry Sparks Increase in Industrial Output
British industrial output rebounded in November, helped by a recovery in oil and gas and adding to s...
Does Russia Have Damaging Information on Trump?
Classified documents that the heads of four U.S. intelligence agencies presented last week to Presid...
Turkish Lire Tanks in Asia
USD/TRY explodes higher to 3.8950 before falling back to 3.8450 as the shark’s circle. The Tur...
Chinese GDP Expected to Grow 6.7% in 2016
China’s gross domestic product is estimated to have expanded around 6.7 percent in 2016, a hig...
US Contractors Awaiting Trump Infrastructure Spending
American contractors are getting their shovels ready for the incoming Trump administration and they ...
EIA Says US Oil Production in 2018 to rise by 300,000 Barrels
The U.S. Energy Information Administration expects U.S. crude oil production in 2018 to rise by 300,...
Larry Summers Wants GOP Tax Plan Raises Red Flags
Former Clinton Treasury Secretary Larry Summers told CNBC on Tuesday he sees a number of red flags i...