Crude prices lower on projected stockpiles builds

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Source: Reuters
Oil futures edged lower on Thursday ahead of the US crude inventory report that may show a huge rise in oil reserves. Futures for WTI fell 0.86% to $46.26 per barrel, while contracts for Brent declined 0.31% to $49.50 per barrel by 07:56 AM GMT. Meanwhile, oil prices remains under the pressure, as concerns about slowing demand and persisting global supply glut cap any upside price moves. 
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Thu, 15 Oct 2015 09:15:14 GMT

European stocks open higher on bets Fed to delay rate hike

Equity market in Europe opened higher on Thursday, as sluggish economic data from China and the US is likely to keep the Fed from hiking rates this year. Germany's DAX 30 index edged 0.99% up, while the UK's FTSE 100 index advanced 1.03%. Among the other indices, the French CAC index gained 0.88%, while the pan-European Euro Stoxx index increased

Thu, 15 Oct 2015 08:53:14 GMT

Yen strengthens amid US Dollar sell-off

Disappointing US data boosted speculation that the Fed will not hike rates in 2015, triggering traders to reduce the Greenback longs. Meanwhile, the safe-haven Yen benefited from the growing uncertainty around the timing of monetary policy tightening in the US. The USD/JPY pair dropped 0.42% to trade at ¥118.35 by 07:35 AM GMT. Ahead in the day, investors will eye

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