IFO index: German mind-blowing recovery continues
In July, the Ifo index broke another record maximum, demonstrating that the strong revival of German economy will move on…
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FTSE 100 rallies with crude stocks up
On Tuesday, British blue chip equities jumped, with well-received corporate updates as well as profits for crude producers assisting the market's benchmark to chip away at a steep loss logged during last session…
European equities climb up on reviving reflation trade
On Tuesday, strength among commodity companies as well as banking equities, not to mention a string of solid updates underpinned European equities in early deals…
Gold keeps to 1-month maximum ahead of Fed meeting
On Tuesday, gold stuck to the month’s maximum in European trade because market participants looked ahead to a Federal Reserve policy gathering for any clues on the timing of the next American rate lift as well as prompts on how the key US financial…
Crude extends revenues as Saudi promises export curbs
On Tuesday, crude prices extended revenues after Saudi Arabia promised to curb exports from next month, while OPEC called on several participants to boost compliance with output cuts for the purpose of reining in global oversupply and tackling flagging…
Greenback soars from 13-month minimums
On Tuesday, the evergreen buck drifted away from a 13-month minimum versus a basket of currencies in an attempt to shrug off a recent selloff after positive American economic data because traders waited for this week's Federal Reserve gathering for…
High-flying euro suppresses European equities
On Monday, the euro reached a 23-month peak versus an ailing greenback, putting pressure on equities of EU exporters before weaker-than-expected German business activity suppressed the common currency…
German private sector output surge drops to 6-month minimum in July
In Germany, in July, private sector output expanded at the slowest tempo for six months, thus suppressing optimism over the euro zone's key economy, as Monday’s preliminary data revealed…
Gold ascends to its highest value in a month
On Monday, gold grew to its highest level in nearly a month during European trade because market participants awaited a busy week of economic events, including a Fed policy decision as well as American second quarter surge data…
Asian stocks show mixed performance with China getting a boost
On Monday, Asian stocks were mixed in thin regional trade amid Mainland China getting a boost…
Oil rebounds in Asia with eyes on OPEC gathering
On Monday, oil rebounded in Asia ahead of a July 24 gathering on OPEC as well as allies to review progress on output drops…
US dollar index sticks to 13-month low
On Monday, the evergreen buck struggled near a 13-month minimum versus a basket of key counterparts because American political turmoil dampened expectations for quick passage of Donald Trump's stimulus as well as tax reform agendas and the common…
