U.S. trade deficit surges to five-month high as imports soar
The U.S. trade deficit jumped to a five-month high in May as imports of goods increased, likely as b...
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Global yields slide as dovish nominations add fuel to stimulus bets; Oil rebounds on API report
European equities are rallying on better than expected service PMI readings and as markets anticipat...
Big Dollar in demand ahead of July 4 break
Wednesday July 3: Five things the markets are talking about With volumes low and markets skittish, g...
Daily Markets Broadcast 2019-07-03
Daily Markets Broadcast 2019-07-03 Wall Street consolidates Tomorrow’s Independence Day holida...
USD/CAD Canadian Dollar Higher as Trade Truce Rally Fades
The Canadian dollar rose 0.1 percent against the US dollar on Tuesday. The Canada day holiday had pu...
Gold futures settle back above $1,400 an ounce
Gold futures rallied Tuesday to settled back above the key $1,400 mark, recouping much of the hefty ...
IMF’s Christine Lagarde nominated for top job at European Central Bank
The European Union Council officially nominated on Tuesday Christine Lagarde, managing director of t...
Bitcoin Remains Close to $10,000 as Libra Support Fades
The price of bitcoin has fallen back below $10,000, down 30% from last week’s peak of nearly $14,0...
US Trade Advisor Navarro Says US-China Deal Will Take Time
U.S.-China trade talks may have restarted, but a potential deal is still a long way off, White House...
Fed’s Mester Says CB Should Stand its Ground on Rates
The Federal Reserve can afford to stand its ground on interest rates while it watches how challenges...
Oil Drops 3% Despite OPEC+ Extending Production Cut Deal
Oil prices fell more than 3% on Tuesday, even after OPEC and allies including Russia agreed to exten...
Safe-havens rally as investors go holiday-mode until NFP
It seems markets will either need to see substantial progress on trade or stronger easing signals to...
Roubini says US-China Dispute Would Trigger a Recession
The rivalry between the U.S. and China could be so disruptive that it’s starting to decouple the g...
US Stocks Subdued After Big Gains
U.S. stocks opened flat on Tuesday, following a record-setting rally in the previous session, as opt...
Lagarde Could Replace Draghi at the ECB
Christine Lagarde, the managing director of the International Monetary Fund (IMF), is one name being...
Oil Falls as Recession Fears Hit Energy Demand Expectations
Oil prices slipped on Tuesday as concerns that the global economy could be slowing outweighed an agr...
Trump Says US-China Trade Deal Will Need to Favour America
President Donald Trump said on Monday that trade talks with China were under way and any deal would ...
OPEC+ Agree to 9 Month Extension to Production Cut Agreement
Russia and nine other non-OPEC producers agreed to a nine-month rollover of oil supply cuts on Tuesd...
Euro hits lows on German data miss
Retail sales fail to rebound German retail sales failed to match expectations of a 0.5% rebound o...
Commodities Weekly: Oil at 5-week high as OPEC extends cuts
The announcement that the US and China were to suspend the tariff wars and restart trade negotiat...