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US LEI increases to 0.6% in April

Note: This section contains information in English only.
Source: CNBC
The Conference Board Leading Economic Index for the United States grew to 0.6% last month, following no change posted in March and the 0.1% increase seen in February. Meanwhile, economists polled by Reuters expected the Index to jump to 0.4% in the fourth month of the year.


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20 May 2016

Crude oil rises above $49 on Friday

Oil surged on Friday and both its benchmarks reached above $49 level, as traders awaited for new data on rig count in US. WTI futures with a delivery in July rose 1.1% to $49.21 per barrel and Brent hiked 0.9% to trade at $49.25 per barrel. Recently oil moved up with unexpected supply disruptions in Canada, Nigeria, Venezuela and Libya.

19 May 2016

UK is likely to remain in EU

On Wednesday, Ipsos MORI released results of its latest opinion poll, which showed that the proportion of people who would vote to remain in the European Union increased 18% since February 2016 to 55%. In the meantime, the odds at Ladbrokes of Britain voting to stay in the EU grew to 82%, whereas the betting odds for a 'Leave' vote dropped to

19 May 2016

Gold and silver post losses by 14:00 GMT

Both gold and silver traded lower on Thursday during the North American trading session. Thus, the bullion dropped 2.09%, trading at $1,247.80 per troy ounce, whereas silver declined 4.27%, trading at $16.40 per ounce by 14:00 GMT on the New York Stock Exchange.