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OPEC output retreats from record high
Thu, 05 Jan 2017 13:27:13 GMT
 
In accordance with Reuters survey OPEC oil production decreased in December from the previous record high. The decline in output occurred due to attacks on oil industry in Nigeria and >>
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Toyota reveals skepticism on self-driving cars
Thu, 05 Jan 2017 13:27:05 GMT
 
Toyota Motors Corporation revealed that the company is planning its future years developing car models, which will be driven by humans having a large part of the controls. The main >>
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Tim Barrow chosen as new UK ambassador to EU
Thu, 05 Jan 2017 12:25:55 GMT
 
Theresa May, Prime Minister of the United Kingdom, appointed a career diplomat, Tim Barrow, to the post of the ambassador of the UK to the European Union. Previously, the diplomat >>
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2016 US election hacking investigation begins
Thu, 05 Jan 2017 12:25:41 GMT
 
US Congress has begun its probing into the allegations that Russian hackers influenced the US election. The event is occurring before Trump is set to be briefed by heads of >>
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Germans press ECB rate increase
Thu, 05 Jan 2017 11:56:38 GMT
 
Various German economists on Thursday announced that the European Central Bank should raise interest rates. The announcement came in the aftermath of the publication of the Eurozone's consumer price changes, >>
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US envoy's to UN warning
Thu, 05 Jan 2017 11:56:28 GMT
 
The envoy of the United States to the United Nations, Samantha Power, in her exit memo made a warning that the US interests would be in danger, if the country >>
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Iraq reduces oil output
Thu, 05 Jan 2017 10:56:05 GMT
 
Iraq plans to reduce oil production by 200K bpd due to OPEC decision to cut oil output by 1.2M bpd to underpin prices from January 2017. >>
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Toyota and Honda do not plan to stop manufacturing in Mexico
Thu, 05 Jan 2017 10:55:46 GMT
 
The Presidents of Honda and Toyota announced that they have no plans to stop immediately the manufacturing in Mexico as long as Donald Trump's inauguration is not proceed. >>
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Bears push USD/JPY below 116.00
Thu, 05 Jan 2017 10:31:14 GMT
 
Growth in the US economy's manufacturing sector improved more than expected last month, official figures revealed on Tuesday. >>
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GBP/USD remains on the back foot
Thu, 05 Jan 2017 10:30:14 GMT
 
UK construction activity advanced at the fastest pace in nine months in December, supported by a rise in house building, a survey revealed on Wednesday. >>
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Morning Press Review
Thu, 05 Jan 2017 10:29:17 GMT
 
Stay informed about the latest news on the economy, politics, FX by reading our press review with top videos and comments from world's leading financial bloggers. >>
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Apple removes another app from its China app store
Thu, 05 Jan 2017 09:57:03 GMT
 
The New York Times Co's news apps were removed from the Apple's China app store for being considered socially harmful by the Cyberspace Administration of China. >>
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Bears push USD/JPY below 116.00
Thu, 05 Jan 2017 09:40:40 GMT
 
Even though the USD/JPY currency pair weakened on Wednesday, it still remained within its weekly trading range, namely between 117.00 and 117.90. >>
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Gold jumps on Thursday
Thu, 05 Jan 2017 09:40:30 GMT
 
The yellow metal surged at the start of Thursday's trading session, as the commodity price almost reached the 1,180 mark. >>
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GBP/USD remains on the back foot
Thu, 05 Jan 2017 09:40:21 GMT
 
The British Pound managed to outperform the American Dollar on Wednesday, not only climbing over the 1.23 mark, but also piercing the second resistance level. >>
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