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Carney sees non-UK risks potentially weighting on the economy
Wed, 13 Aug 2014 12:14:10 GMT
 
The Bank of England governor Mark Carney claimed that the geopolitical risks and Euro zone's frailty could hinder the UK economic recovery. As the labour market report today showed mixed signals with >>
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Strong Franc is hurting Swiss export prospects
Wed, 13 Aug 2014 11:52:10 GMT
 
With emerging market currencies depreciating against the Franc and growing production costs in Switzerland exporters are starting to worry. As the SNB is still holding onto the 1.20 cap against the Euro this >>
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UK unemployment claims decrease along with earnings
Wed, 13 Aug 2014 11:41:11 GMT
 
The change in the number of unemployment claims fell by 33,600 in the UK, surpassing its 29,700 forecast.  Additionally, the unemployment rate unsurprisingly dropped to 6.4% from the previous month's >>
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Brent futures slipped to 13-month low
Wed, 13 Aug 2014 11:30:12 GMT
 
In spite of geopolitical tensions in both Ukraine and the Middle East, global oil supplies revealed to be more abundant than expected, causing Brent oil futures to drop to its >>
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Gold slows down during Asian session
Wed, 13 Aug 2014 11:19:09 GMT
 
While on the Asian session, gold prices marginally dropped as traders wait for developments regarding European data and geopolitical worries. Yesterday, Germany suggested that the conflict in Eastern Europe could >>
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Dollar remains steady versus the Yen after GDP data
Wed, 13 Aug 2014 10:21:06 GMT
 
The US Dollar remained steady against the Japanese Yen after the release of Japan's GDP data. During the second quarter the real GDP decreased by 6.8%, revealing to be less >>
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Euro sits near 9-month low versus the Dollar
Wed, 13 Aug 2014 10:10:08 GMT
 
The common currency remained steady versus the US Dollar just above its lowest level in nine months. Traders are still cautious while they focus on Euro zone's data regarding inflation >>
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Chinese industrial output sees slower growth
Wed, 13 Aug 2014 09:59:08 GMT
 
China's industrial and fixed-asset investment growth was lower, which could add to the worries about its economic recovery. With the industrial output growing 9.0% year-on-year in July and fixed-asset investment >>
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Japanese GDP contracts the most since 2011
Wed, 13 Aug 2014 07:31:10 GMT
 
Japan's economy shrunk by the largest amount since the 2011 earthquake as spending dropped after the sales-tax increase in April. The country's GDP lost an annualized 6.8% in this year's second quarter as >>
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Gold weakens in Asia as geopolitical worries subside
Tue, 12 Aug 2014 08:54:12 GMT
 
During the Asian session, gold prices dropped further as tension in both Ukraine and the Middle East eases. However, breaks in geopolitical conflicts are not uncommon, therefore traders are still >>
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Kiwi drops to two-month low against the Dollar
Tue, 12 Aug 2014 08:43:09 GMT
 
As the demand for safe-haven and low-risk currencies eases, a process related to diminishing geopolitical worries, the New Zealand Dollar slipped to its minimal level in two months against the >>
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Yen slips as safe-haven demand lessens
Tue, 12 Aug 2014 08:32:12 GMT
 
The Yen dropped for two days in a row against the US Dollar, falling from its highest level in three weeks. As geopolitical tensions diminish, demand for the Yen as >>
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Euro maintains losses against the Dollar
Tue, 12 Aug 2014 08:21:23 GMT
 
Traders are focused on the data scheduled to be released today in regard to Germany's ZEW economic sentiment. The Euro keeps dropping versus the greenback, remaining below the 1.34 level >>
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WTI drops from gains ahead of supply data
Tue, 12 Aug 2014 08:20:53 GMT
 
As the American Petroleum Institute is about to release a report regarding supply data, the WTI crude fell after rising for three days. Likewise, the Brent also weakened. September delivery, >>
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Turkish Lira gains as Erdogan becomes president
Mon, 11 Aug 2014 10:09:07 GMT
 
The Lira rose as Recep Tayyip Erdogan won the first direct presidential election. This will allow the former prime minister to extend his stay in power to 2019. With the Turkish Lira adding >>
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