Euro lower amid China worries

Note: This section contains information in English only.
Source: WBP Online
The common currency declined against the Greenback on Tuesday, after worries over Chinese stock market turmoil spread to Europe. The Euro fell 0.25% to 1.1065 against the Dollar. The shared currency lost 0.2% to 0.7120 against the Sterling, while it traded flat against the Yen at the 136.739 level by 8:10 AM GMT. On Monday, the 19-nation currency strengthened to 1.11 handle on upcoming FOMC meeting.
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Tue, 28 Jul 2015 09:48:05 GMT

Bullion hovers near five-year lows ahead of FOMC statement

Gold stayed around its weakest levels since 2010, despite the cheaper US Dollar, as investors remain doubtful, awaiting the FOMC announcement due tomorrow. The yellow metal traded around $1095 per troy ounce by 06:20 AM GMT on Tuesday. Meanwhile, the Federal Open Market Committee statement will provide traders with more hints on possible Fed's rate hike, which could add more

Tue, 28 Jul 2015 09:26:43 GMT

Oil falls amid stock markets rout

Crude prices declined to four-month low on early Tuesday after stocks around the world dropped, following the tumble in Chinese equities. Meanwhile, the concerns of global oversupply still weight the oil market down, however a weaker Greenback helped to balance prices. WTI fell 0.3% to $47.24 a barrel, while Brent September futures went down by 0.6% to $53.13 a barrel.

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