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Oil drops close to a six-year low amid concerns over global growth
Wed, 14 Jan 2015 16:04:05 GMT
 
On Wednesday oil futures hit a nearly six-year low amid concerns over the worsening situation of the supply glut. Futures for February slid 65 cents to $45.25 per barrel, compared >>
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Gold falls from 12-week high amid rout in commodities prices
Wed, 14 Jan 2015 14:25:06 GMT
 
On Wednesday gold slumped, leaving its 12-week high, as investors sold their gold positions due to weakening oil and copper prices. Futures for February declined $6.70 to $1,227.70 per troy >>
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Reasons why the Euro hit a new low
Wed, 14 Jan 2015 14:14:04 GMT
 
The Euro declined to a nine-year low versus the US Dollar amid investor fears of ECB implementing an aggressive incentive plan in order to boost the Euro zone's economy. It >>
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Pound depreciates on UK rate outlook
Tue, 13 Jan 2015 14:54:05 GMT
 
The Sterling weakened for the first in five days against the Euro, since inflation in UK dropped to less than 1% previous month for the first since 2002. The UK >>
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Euro touches 9-year low amid stimulus outlook
Tue, 13 Jan 2015 14:43:05 GMT
 
The Euro approached toward the lowest level in nine years against the Dollar amid speculations ECB will start government-bond purchase program. The Euro fell 0.3% to $1.1799 as of 10:25 >>
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Oil falls below $45 amid speculation on stockpiles
Tue, 13 Jan 2015 14:27:05 GMT
 
Oil continued to fall, breaching the $45 per barrel level, due to speculation that US stockpiles will rise, aggravating global supply glut, which drove prices to the lowest point in >>
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Italy output climbs more than expected stimulating recovery optimism
Tue, 13 Jan 2015 14:16:05 GMT
 
Industrial output in Italy added more than expected, thus, stimulating optimisms that Italian economy may start to recover from the record long recession. Production rose 0.3% from the point, when >>
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UK inflation falls to weakest in 15 years
Tue, 13 Jan 2015 12:39:15 GMT
 
UK inflation rate dropped to the weakest level in almost fifteen years previous month. Consumer price growth fell from 1% to 0.5% in November, the weakest since 2007, and a >>
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Copper falls to a five-year low in spite of China trade data
Tue, 13 Jan 2015 12:28:14 GMT
 
Prices for copper declined on Tuesday, falling to the lowest level in the past five years amid the world's largest copper consumer, China, failing to boost sentiment after the trade >>
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Gold hits a 12-week low amid investors seeking quality
Tue, 13 Jan 2015 12:17:05 GMT
 
On Tuesday gold reached a new 12-week high due to investors looking for a safe heaven from losses in the oil market. Futures for February hit a high of $1,244.30 >>
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Dollar hits a three-week low against the Yen
Tue, 13 Jan 2015 12:00:08 GMT
 
On Tuesday the US Dollar dropped to a three-week low versus the Japanese Yen as worries over a decline in the oil prices and its impact on the global economy >>
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Japan to announce record budget to revive economy
Mon, 12 Jan 2015 22:01:18 GMT
 
Japan's government affirmed the 96.34 trillion yen budget for the next 12 months with the aim to revive the shrinking economy following an increase in the sales tax. At the >>
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US shares dropped due to slump in crude prices
Mon, 12 Jan 2015 21:50:04 GMT
 
US stocks tumbled, as the Standard&Poor's 500 Index showed first weekly decline since October. The market sold off crude oil, which in turn pushed down the energy stocks before the >>
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Pound reaches 18-month low on slowing inflation outlook
Mon, 12 Jan 2015 16:54:04 GMT
 
The Pound reached to its lowest in 18 months against the Dollar amid slowing inflation prospect boosted the Bank of England not to raise interest rates from a record low >>
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Brazil's Real fells from highest on growth outlook cut
Mon, 12 Jan 2015 16:32:06 GMT
 
Brazil's Real declined from the highest level in one month, when the survey showed the Central Bank lowered its growth prognoses for Brazil's economy. The currency fell for the first >>
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