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Refinery fire causes further WTI fall
Mon, 04 Aug 2014 06:53:13 GMT
 
As a refinery fire decreased demand the West Texas Intermediate fell to its lowest point in six months. The Coffeyville refinery could be shut down for as long as four weeks with >>
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U.S. consumer spending jumps, inflation drops
Fri, 01 Aug 2014 14:04:10 GMT
 
The Commerce Department reported today that U.S. consumer expenditure grew for the fifth month in a row in June having jumped 0.4%. Spending is being supported by the firm growth in income, which increased >>
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US non-farm employment change
Fri, 01 Aug 2014 13:31:08 GMT
 
During the month of July 209,000 jobs were added in the US. Compared to the previous month and the current month's forecast, 298,000 and 230,000 respectively, the number was disappointing. >>
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Euro Zone PMI slightly decreases
Fri, 01 Aug 2014 12:54:04 GMT
 
According to the reports by Markit published today, the Euro Zone's PMI decreased unexpectedly in July. The manufacturing PMI dropped slightly to 51.8 falling down from 51.9 in the previous month. The >>
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Australian Dollar drops against its US counterpart
Fri, 01 Aug 2014 12:43:13 GMT
 
The Aussie declined to its lowest price in two months against the US Dollar after the Australian PPI dropped 0.1% during the month of June. Depending on the release concerning >>
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Cable touches 6-week low on U.K. PMI miss
Fri, 01 Aug 2014 12:32:14 GMT
 
The Sterling reached the lowest level in six weeks versus the U.S. Dollar following the issue of the disappointing U.K. PMI figures as investors remained prudent ahead of expected U.S. jobs report. GBP/USD reached >>
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Won drops most in 6 months on Dollar demand
Fri, 01 Aug 2014 12:21:14 GMT
 
South Korea's Won touched a 6-month low amid the growing demand for the U.S. Dollar as the figures showed positive signs of the economic recovery of the United States. The Won depreciated 0.9% >>
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Pound Sterling forecasted lower against the US Dollar
Fri, 01 Aug 2014 12:10:16 GMT
 
The Pound is feeling continued pressure with the Dollar reaching higher levels. As the GBP/USD pair broke through both the 1.7 and 1.69 levels the soon due UK manufacturing PMI needs to show >>
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European stocks drop after disappointing Spanish PMI release
Fri, 01 Aug 2014 11:59:12 GMT
 
Spanish Manufacturing PMI dropped to 53.9 from 54.6 in the previous month. Analysts had forecast an increase to 54.7. During the morning, Euro Stoxx 50 decreased 0.72%, CAC 40 lost >>
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Gold futures rise slowly held up by data
Fri, 01 Aug 2014 08:42:10 GMT
 
This Friday gold futures climbed gently. However, as US data revealed a day before supported the greenback, the contract remained close to its lowest value in six weeks. On the >>
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Pound retreats the most in a month since May 2013
Fri, 01 Aug 2014 08:31:10 GMT
 
The Sterling experienced its biggest monthly depreciation versus the Dollar since May 2013 as omens of the growth in the U.S. economy fueled expectations for increased Fed interest rates. The Pound slipped 0.2% to >>
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Loonie hits lowest level in seven weeks
Fri, 01 Aug 2014 08:20:14 GMT
 
Canada's Dollar reached the weakest level in nearly two months following the figures indicating the economy growth is underperforming that of U.S. The Loonie dropped 0.3% to C$1.0930 per U.S. Dollar, the lowest >>
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Brazil's Real falls due to Argentina default
Fri, 01 Aug 2014 08:09:23 GMT
 
Brasil's Real experienced the largest decline among global currencies with Argentina missing a bond payment. The Real saw the largest drop amidst the 16 major currencies as it fell 0.8% against the Greenback to >>
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China's manufacturing expands
Fri, 01 Aug 2014 07:47:17 GMT
 
China's manufacturing gauge increased in July at the fastest pace in nearly two years, showing that economic growth is getting stronger. PMI was at 51.7, exceeding expectations of 51.4, while >>
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US shares tumble as July's gains are erased
Fri, 01 Aug 2014 07:28:31 GMT
 
US stocks plummeted with many factors influencing the move such as poor corporate earnings reports, tensions in Ukraine and worries about a market top. The Dow Jones industrial average dropped 1.9% and the >>
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