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Oil continues to rally on Tuesday
Tue, 17 May 2016 08:05:26 GMT
 
Crude futures hovered around their November 2015 top levels because of global supply disruptions. Prices continued to rise on Tuesday after surging more than 3% on Monday and the commodity >>
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Australian dollar appreciates against US Dollar on RBA minutes on Tuesday
Tue, 17 May 2016 06:53:11 GMT
 
Reserve Bank of Australia released its detailed record of previous meetings or minutes, which indicated hard deliberation by RBA officials before cutting rates and minimised the probability that rates will >>
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Russia's GDP drops less-than-expected in Q1
Mon, 16 May 2016 15:42:12 GMT
 
The Russian Federation's GDP dropped 1.2% year-over-year in the first three months of 2016, the Federal Service for State Statistics said on Monday, whereas market analysts expected the country's GDP >>
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US stocks open flat on Monday
Mon, 16 May 2016 15:31:15 GMT
 
The largest US stock markets opened Monday's trading session flat, despite the unexpected drop in the New York Empire State Index reported earlier. At the open of the North American trading >>
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WTI and Brent add 2.5% by 13:20 GMT
Mon, 16 May 2016 15:09:05 GMT
 
Crude oil futures traded higher on Monday, triggered by possible production cuts in Venezuela and Nigeria. Thus, both West Texas Intermediate and Brent futures jumped 2.5%, trading at $47.37 and $49.01 per barrel >>
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Empire State index drops to a 3-month low
Mon, 16 May 2016 14:55:22 GMT
 
New York's Federal Reserve published its business conditions index of New York state for May and it plunged to negative 9 points from positive 9.56 points in April. This was >>
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Goldman Sachs states that the oil glut is over
Mon, 16 May 2016 14:44:10 GMT
 
Goldman issued a statement announcing that crude oil market went from nearing storage limits to a deficit situation much earlier than they expected and low oil prices are over. Main >>
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Kiwi outperforms peers on Monday
Mon, 16 May 2016 13:49:04 GMT
 
The Kiwi surged 0.6% on Monday, hovering around the $0.68 mark, despite the slowdown in Chinese industrial production and retail sales. Volatility for the New Zealand Dollar can be expected >>
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33% of Britons want to stay in EU, new survey indicates
Mon, 16 May 2016 13:38:01 GMT
 
According to the latest ComRes poll, the proportion of people who would like the UK to remain inside the European Union grew to 33% prior to the Brexit referendum on >>
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USD/CAD opens low with minimal volatility
Mon, 16 May 2016 13:37:32 GMT
 
The Loonie traded higher against the Dollar as oil prices went up on Monday, while volatility remained low resulting from an empty economic calendar. The WTI traded 2% higher above >>
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US exchanges set to open flat on Monday
Mon, 16 May 2016 12:12:04 GMT
 
On Wall Street, New York, mood before Monday's market opening was calm, because most economic calendars were almost empty and witout any major macroeconomic data realeases for Monday, as most >>
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Volkswagen faces a lawsuit against world's largest sovereign wealth fund
Mon, 16 May 2016 10:57:04 GMT
 
Norway's $870 billion oil fund and fourth largest stockholder of Volswagen shares, announced start of legal actions against VW in Germany's court. Main reason is to "safeguard fund's holding", because >>
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Silver advances ahead of expected volatility
Mon, 16 May 2016 10:18:13 GMT
 
Silver displayed a bullish trend on Monday, topping the $17.25 mark to hover around $17.27, while further volatility is anticipated later next week, in the wake of US inflation, industrial >>
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AUD/USD rallies in spite of Chinese industrial slowdown
Mon, 16 May 2016 10:07:04 GMT
 
The Aussie gained value against the US Dollar on Monday, surging 0.5% to trade around $0.73, despite the Chinese industrial sector slowing down from 6.8% in March to 6.0% in >>
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Aussie recovers from RBA policy with gains against the Kiwi
Mon, 16 May 2016 09:56:03 GMT
 
The Australian Dollar trimmed its previous losses that originated in the RBA rate cut as well as the weak inflationary environment. The Aussie gained 0.5% and traded at 1.0781 New >>
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