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Chinese inflation remains stable
Tue, 10 May 2016 08:26:24 GMT
 
The Chinese CPI proved its stability with a 2.3% year-on-year increase for the third consecutive month. The growth in consumer prices is fuelled by an increase in demand as well >>
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Kiwi drops 0.8% against Greenback
Mon, 09 May 2016 15:56:14 GMT
 
The recent disappointing Chinese trade data put pressure on the Aussie and Kiwi. The New Zealand Dollar traded 0.8% lower at $0.6780 against the US Dollar by 15:00 GMT on >>
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US stocks post gains by 14:30
Mon, 09 May 2016 15:45:18 GMT
 
The largest US stock markets traded slightly higher by 14:30 GMT. The Standard & Poor's 500 Index jumped around 0.2% to 2,060.30 points, whereas the Nasdaq Composite Index added almost >>
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US Labour Market Conditions Index improves to -0.9
Mon, 09 May 2016 15:34:17 GMT
 
According to the latest data released on Monday, the monthly Labour Market Conditions Index in the United States improved to a negative 0.9 reading in the fourth month of the >>
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UK's House Price Index drops in April
Mon, 09 May 2016 15:12:16 GMT
 
The Halifax House Price Index's growth rate in the United Kingdom decreased to 9.2% year-over-year in the fourth month of the year, following the 10.1% reading seen in the previous >>
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WTI and Brent post gains by 13:10 GMT
Thu, 05 May 2016 15:44:07 GMT
 
Despite a more-than-expected oil inventory rise reported on Wednesday, concerns over further potential oil supply disruptions from Canada and Libya pushed oil prices higher on Thursday. WTI increased around 4.7%, >>
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US stocks open higher on Thursday
Thu, 05 May 2016 15:22:15 GMT
 
US stock markets opened higher on Thursday as buying was triggered on the rise in oil prices. As the North American trading session started, the S$P 500 Index jumped around >>
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Initial Jobless Claims rise most since February 2015
Thu, 05 May 2016 15:11:15 GMT
 
Initial Jobless Claims in the United States increased more-than-expected in the week ending April 30. According to the Department of Labour, initial filings for unemployment aid rose 17,000 to 274,000, >>
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UK Services PMI declines to 52.3 in April
Thu, 05 May 2016 14:17:05 GMT
 
The Markit UK Services Purchasing Managers' Index came in at 52.3 in the fourth month of the year, following March's 53.7 points and registering the worst result in the past >>
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US crude oil inventories increase more-than-expected
Wed, 04 May 2016 15:20:09 GMT
 
On Wednesday, the Energy Information Administration's weekly report revealed that crude oil inventories in the US increased by 2.8 million barrels in the period ended April 29, following a 2.0 >>
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US service sector grows in March
Wed, 04 May 2016 14:58:15 GMT
 
The ISM Non-Manufacturing Index jumped to 55.7 points in the fourth month of the year, following March's 54.5 reading and surpassing analysts' expectations of 54.8. Meanwhile, the Markit Services PMI >>
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US unit labour costs grow 4.1% in Q1
Wed, 04 May 2016 14:47:06 GMT
 
ULC in the United States' private sector jumped 4.1% in the first three months of the year, according to the latest data released on Wednesday. In the meantime, US hourly >>
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US trade deficit improves in March
Wed, 04 May 2016 13:49:04 GMT
 
According to the Department of Commerce, the country's trade deficit dropped 13.9% month-on-month to $40.4 billion in the third month of the year, following February's $46.9 billion gap and posting >>
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US private sector adds 156,000 jobs in April
Wed, 04 May 2016 13:35:11 GMT
 
US businesses added 156,000 new workers in the fourth month of the year, according to the ADP Employment Report released on Wednesday, whereas analysts expected payrolls to grow by 196,000. >>
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Greenback rebounds by 15:20 GMT
Tue, 03 May 2016 15:54:12 GMT
 
The Bullion lost almost 0.8% against the US Dollar, trading at $1,286.10 per troy ounce by 15:20 GMT on the New York Stock Exchange. In the meantime, the Greenback regained >>
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