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OPEC and non-OPEC countries to extend production cut deal
Fri, 05 May 2017 11:00:22 GMT
 
On Friday, the Saudi Arabian OPEC Governor said that OPEC and non-OPEC members would likely extend the production cut deal beyond June. >>
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China's Finance Minister Xio Jie skips meeting with South Korea, Japan
Fri, 05 May 2017 10:59:40 GMT
 
The Chinese Finance Minister Xiao Jie missed today's meeting with his counterparts from South Korea and Japan due to domestic issues. >>
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Asian policymakers: protectionism to compromise global growth
Fri, 05 May 2017 10:05:04 GMT
 
In a statement released on Friday, policymakers from major Asian states warned that a shift to protectionism is set to pose downward risks to growth prospects in the world. >>
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Euro zone Retail PMI jumps to 52.7 in April
Fri, 05 May 2017 10:04:54 GMT
 
The headline Markit Retail PMI for the Euro zone surged to 52.7 over the month of April from the 49.5-point reading observed in March, marking the steepest advance since mid-2015. >>
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USD/JPY kicks off to the downside
Fri, 05 May 2017 10:00:22 GMT
 
Good news came for bears Friday morning as the US Dollar continued reassuring the validity of the senior channel down pattern and paving the way towards strong downward risks >>
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USD/DKK 1H Chart: Channel Down
Fri, 05 May 2017 09:46:10 GMT
 
USD/DKK was working on establishing a short-term descending channel for the last two weeks. However, this attempt almost failed, as the rate was gradually narrowing down and, thus, transforming into >>
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CAD/HKD 1H Chart: Channel Down
Fri, 05 May 2017 09:42:04 GMT
 
The Canadian Dollar is trading against the Hong Kong Dollar in the mid-term descending channel, which has formed after the currency pair made the way though the bottom line of >>
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Volkswagen working on recovery from emissions scandal
Fri, 05 May 2017 09:31:55 GMT
 
As reported by Reuters on Friday, Volkswagen has been targeting stable gains in productivity by cutting on costs and producing cars with higher margins in order to recover from the >>
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Xiao Jie skips Finance minister meeting
Fri, 05 May 2017 09:26:55 GMT
 
The Japanese Minister of Finance Taro Aso claimed on Friday that Xiao Jie, his counterpart in China, failed to attend a meeting that was scheduled between Finance ministers of the >>
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Gold pauses its decline
Fri, 05 May 2017 08:46:26 GMT
 
The bullion continues lower on Friday. However, it seems that the fall of yellow metal seems to have paused. >>
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Euro jumps against Buck
Fri, 05 May 2017 08:43:59 GMT
 
The Euro has jumped more than 100 base points during Thursday's trading, which is a larger amount than it was expected. >>
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GBP/USD continues flat
Fri, 05 May 2017 08:28:54 GMT
 
GBP/USD sustained its tendency of lacking momentum to move in any direction and opened flat for the fifth consecutive time, suggesting that the pair might take this path until >>
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RBNZ raises inflation expectations to 2.2% in Q2
Fri, 05 May 2017 08:15:05 GMT
 
New Zealand's long-term inflation expectations jumped above the RBNZ's target mid-point of 2% in the second quarter of 2017, the latest quarterly survey revealed on Friday. >>
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Marks&Spencer appoints new chairman
Fri, 05 May 2017 08:04:29 GMT
 
The British retailer Marks&Spencer has named Archie Norman as the new chairman, the company reported on Friday. His predecessor Robert Swannell retires on 1 September. >>
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Macron to win French presidency with 62%, poll shows
Fri, 05 May 2017 08:04:09 GMT
 
The latest Elabe poll demonstrates that the French presidential candidate Emmanuel Macron is likely to win the election with 62% of the votes, in comparison to 38% for his opponent >>
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