Oil Rally Fizzles Out as USD Strengthens
Senior Market Analyst Craig Erlam gives his analysis on EURUSD, GBPUSD, EURGBP, AUDUSD, USDCAD, USDJ...
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XAU/USD – Gold Rises to $1160 Level, US Manufacturing PMI Improves
Gold has moved higher on Tuesday session. In North American trade, the spot price for one ounce is ...
Gold Lower After Strong US Manufacturing
Gold prices gave up mid-morning gains after the U.S. Institute for Supply Management said that its h...
Russian Oil Production Remained at 30 Year High in December
Russian oil production in December stood unchanged at 11.21 million barrels per day (bpd), flat mont...
WTI/USD – Crude Hits 18-month High on OPEC Hopes
US crude posted sharp gains in the Tuesday session but was unable to consolidate and has surrendered...
Oil Rises on OPEC Start of Production Cut Deal
Oil futures moved sharply higher on Tuesday on hopes OPEC’s deal to cut production that set in on ...
60% of Japanese Companies Expect Economy to Grow in 2017
About 60 percent of major Japanese companies surveyed expect the economy to grow in 2017 on recoveri...
Singapore Expanded 1.8% in 2016
Singapore’s economy expanded by a better-than-expected 1.8 percent in 2016, helped by a last-m...
German Inflation Doubled in December
The pace of German inflation more than doubled in December, driven by a surge in oil that is set to ...
Canadian Manufacturing Rose Slightly in December
The pace of growth in the Canadian manufacturing sector picked up slightly in December as orders for...
US Construction Spending Rises to 10.5 Year High in November
U.S. construction spending rose more than expected in November, reaching its highest level in 10-1/2...
UK Oil and Food Prices Expected to Rise in 2017
Households are being warned to brace for more price rises on fuel, food and other essentials in 2017...
US Manufacturing Rose by Fastest Pace in 2 Years in December
American manufacturing expanded in December at the fastest pace in two years, reflecting firmer outp...
Trump Criticizes GM for Mexican Made Chevy Cruze Imports
US President-elect Donald Trump has criticised General Motors on Twitter for making cars built in Me...
Dollar Index Rises to 14 Year High After US Manufacturing Boost
The dollar index rose to a new 14-year high on Tuesday after data showed U.S. manufacturing activity...
GBP/USD – Pound Slips as US Manufacturing PMI Improves
The British pound has posted significant losses in the Tuesday session. In the North American sessio...
Ifo Warns ECB on Bond Buying
The European Central Bank should end its bond-buying programme if Germany’s stronger-than-expe...
UK Manufacturing PMI Jumps to Two and a Half Year High
British manufacturing growth climbed to a two-and-a-half-year high last month, fuelled by new orders...
Paris Targeting Raid on UK Bankers
Paris could lure as many as 20,000 workers from Britain’s finance industry with the exodus potenti...
UK Risks Losing EU Funding
Britain risks losing 40 billion euros ($42 billion) of direct funding from the European Union once i...