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Market News and Research

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Venezuela's import drops in 2016
Mon, 09 Jan 2017 21:17:48 GMT
 
Venezuela's import inched lower in 2016 to almost $18B, dipping by more than a half since the last year, said President Maduro.  >>
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Trump to appoint Kushner as senior adviser
Mon, 09 Jan 2017 21:17:33 GMT
 
Jared Kushner, the US President-elect's son-in-law, will be appointed as the senior adviser by Trump, reported NBC.  >>
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Oil prices drop amid supply concern
Mon, 09 Jan 2017 20:01:28 GMT
 
The Brent crude prices dipped by 2.87% or $1.66 a barrel on Monday, while the US crude futures inched 2.96% lower. >>
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Mexico inflation reaches two-year high
Mon, 09 Jan 2017 20:01:19 GMT
 
The annual Mexico inflation inched 3.36% higher in December, reaching the two-year high, said INEGI statistics agency.  >>
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Northern Ireland's Deputy PM resigns on Monday
Mon, 09 Jan 2017 19:03:33 GMT
 
Martin McGuinness, the Northern Ireland's Deputy Prime Minister, unexpectedly resigned from his post on Monday ahead of Britain's divorce with the EU. >>
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Toyota to put $10B in US during next five years
Mon, 09 Jan 2017 19:03:22 GMT
 
On Monday, the CEO of Toyota Motor North America Jim Lentz said that the carmaker would invest $10B in the US during the upcoming five years. >>
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Boston Fed Chair wants faster rate hikes pace
Mon, 09 Jan 2017 18:36:18 GMT
 
The President of the Boston Fed Eric Rosengren urged Janet Yellen to proceed with a faster interest rate hikes pace on the back of concerns over inflation. >>
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UK PM says hard Brexit is not only option
Mon, 09 Jan 2017 18:36:07 GMT
 
In an attempt to clear up her last comments on Brexit, which sent the Pound down 1.2% against the Euro, the UK First Minister said that the hard Brexit option >>
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Audi presents its new SUV
Mon, 09 Jan 2017 17:28:26 GMT
 
At the North American International Detroit Auto Show, the German automaker introduced its brand new luxury hybrid Q8 concept they will launch in 2018. >>
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Merkel urges UK to adhere to EU regulations
Mon, 09 Jan 2017 17:28:16 GMT
 
In her first 2017 speech, the German Chancellor insisted on the UK sticking to the EU directives on free movement if the country wants to access the single market. >>
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Saudi Arabia employs PwC to prop up finances
Mon, 09 Jan 2017 16:38:49 GMT
 
The Ministry of Economy and Planning hired PwC to examine government projects worth $69B with an intention to cancel around $20B proposals in an attempt to prop finances. >>
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Hammond to meet Schauble in attempt to build ties with EU
Mon, 09 Jan 2017 16:38:29 GMT
 
Phillip Hammond, the Chancellor of the Exchequer, is set to hold negotiations with Wolfgang Schauble, Germany's Finance Minister, as concerns over the hard Brexit mount.  >>
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Kiwi once more below 0.69 mark
Mon, 09 Jan 2017 15:42:24 GMT
 
The New Zealand Dollar surged slightly higher against the US Dollar, as the currency exchange rate rebounded against a combined support cluster of various levels of significance near 0.6950 level. >>
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USD/CAD attempts to break resistance
Mon, 09 Jan 2017 15:42:00 GMT
 
During the first half of Monday's trading session the US Dollar attempted to break through the resistance against the Canadian Dollar put up by the 100-day SMA at 1.3268. >>
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AUD/USD to erase Friday's losses
Mon, 09 Jan 2017 15:41:37 GMT
 
The AUD/USD currency pair returned within the channel's borders on Friday, with the monthly pivot point and the 20-day SMA limiting the losses. >>
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