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Greenback trades at $1.1175 against Euro
Fri, 27 May 2016 13:51:08 GMT
 
According to the US Bureau of Economic Analysis, the Q1 GDP growth rate was revised up to 0.8%, following the 0.5% reading reported earlier, whereas the PCE Annualized Index remained >>
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Europe's stocks close Thursday's session higher
Thu, 26 May 2016 15:52:07 GMT
 
Major European stock markets finished mostly higher on Thursday, following the UK GDP figures and a rise in oil prices. Germany's DAX 30 Index gained 0.70%, finishing at 10,276.66, whereas Britain's FTSE >>
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Energy and metal futures trade higher on Thursday
Thu, 26 May 2016 15:29:08 GMT
 
On Thursday, West Texas Intermediate crude oil traded 0.44% higher at $49.78 per barrel by 14:40 GMT on the New York Stock Exchange, whereas Brent traded 0.32% up at $49.90. >>
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Aussie gains on oil strenght
Thu, 26 May 2016 15:29:08 GMT
 
The Australian Dollar bounced from its three-month low at $0.7142 seen earlier this week, following a rebound in oil and commodity prices. Thus, the Aussie appreciated 0.36% against its US >>
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US Pending Home Sales continue growing in April
Thu, 26 May 2016 15:19:04 GMT
 
Official data from the National Association of Realtors published on Thursday showed that the Pending Home Sales Index rose 5.1% to 116.3 in April after rising by an upwardly revised >>
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US stocks open in green on Thursday
Thu, 26 May 2016 14:57:05 GMT
 
US equity markets opened slightly advanced on Thursday, following the better-than-expected data on durable goods orders and initial jobless claims. At the open of the North American trading session, Standard >>
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US orders for durable goods increase 3.4%
Thu, 26 May 2016 14:46:15 GMT
 
Durable goods orders made in the United States rose 3.4% in April, whereas analysts polled by MarketWatch expected to see the 0.9% increase on a seasonally adjusted basis. New trucks, cars >>
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US initial jobless claims fall more-than-expected
Thu, 26 May 2016 13:33:05 GMT
 
On Thursday, fresh figures from the Department of Labor showed that the number of people applying for unemployment benefits for the first time during the week ended May 21 dropped to >>
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Gold prices keep falling on Wednesday
Wed, 25 May 2016 16:55:13 GMT
 
Gold erased all its early gains on Wednesday and dropped below the $1230 mark. The bullion lost 0.55%, trading at $1,222.50 per troy ounce by 14:15 GMT on the New >>
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European stocks post solid gains on Wednesday
Wed, 25 May 2016 16:44:15 GMT
 
Europe's major stock indices closed Wednesday's trading session strongly in the green. Germany's DAX 30 Index added 1.50%, finishing at 10,208.31, Britain's FTSE 100 Index gained 0.73%, closing at 6,264.88 points. Meanwhile, >>
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WTI and Brent trade higher by 15:20 GMT
Wed, 25 May 2016 16:14:12 GMT
 
West Texas Intermediate crude oil futures traded 0.86% higher at $49.04, whereas Brent futures jumped 1.30%, trading at $49.24 by 15:20 GMT on the New York Stock Exchange. On Wednesday, it >>
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US crude oil inventories drop more-than-expected
Wed, 25 May 2016 16:03:15 GMT
 
In its weekly report released on Wednesday, the EIA reported that US crude oil inventories dropped by 4.2 million barrels during the week ended May 20, following the 1.3 million-barrel >>
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US trade gap widens less-than-expected in April
Wed, 25 May 2016 15:52:18 GMT
 
Official data from the US Department of Commerce showed on Wednesday that the country's trade deficit grew to $57.5 billion in April, compared to the $60 market forecast and following >>
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US preliminary PMI misses forecast in May
Wed, 25 May 2016 14:46:34 GMT
 
On Wednesday, financial agency Markit announced May's US preliminary Purchasing Managers' Index reading for the service sector. The Index dropped to 51.2 points, following the 52.8 result seen in the >>
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Gold touches its four-week low
Tue, 24 May 2016 17:30:06 GMT
 
The bullion dropped to its four week-low on Tuesday, following a fresh stream of hawkish comments from US Federal Reserve officials, which helped the US Dollar to trade higher. Thus, gold >>
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