Crude is nearly intact after three-day revenue
On Tuesday, crude futures were mostly intact because the market took a breather after three days of revenues with a supply glut, which keeps a lid on oil prices…
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Greenback firms versus yen as traders wait for Yellen speech
On Tuesday, the US currency stood tall, moving to a one-month peak versus the Japanese yen as market participants waited to see if Fed Chair Janet Yellen would stick to her upbeat economic outlook at an event later in the world session…
British consumer confidence goes down after PM May's election flop
The UK’s quite messy election outcome as well as a weakening of the housing market have provoked a steep loss of confidence among consumers, thus leaving Britain dependent on exports just to avert a recession…
Bitcoin and Ethereum go down amid profit taking
On Monday, Bitcoin and Ethereum tumbled because market participants took profit on the recent soar which has seen both cryptocurrencies reach record peaks…
American stock futures ascend ahead of data
On Monday, Wall Street futures pointed to a higher start because global stocks got off to an upbeat start to the week with market participants looking ahead to economic data as well as an appearance from ex-Federal Reserve chief Ben Bernanke, while…
European stocks jump after Italian bank bailout
On Monday, European equities leapt because Italy announced that it would pay €17 billion in taxpayers’ money for the purpose of bailing out two of its regional banks…
Gold stands still at the beginning of busy week
On Monday, gold didn’t change in European morning trade because traders looked ahead to comments from major Fed officials as well as a bunch of US economic reports in the week ahead for fresh signs of the major bank's probable rate hike trajectory…
Fed's Williams considers gradual rate lifts to be decisive for further US surge
With the American economy at full employment as well as inflation set to meet the Fed’s 2% objective next year, the Fed is bound to keep lifting rates gradually for the purpose of keeping the US economy on an even keel, as San Francisco Fed President…
American home lenders expect leaner times
American mortgage lenders are actually bracing for rockier times because consumers demand for home loans keeps going down and competition in the mortgage industry surges, according to Fannie Mae's latest quarterly poll, issued on Monday…
Asian stocks ascend on optimism over global soar
On Monday, Asian stocks went up on optimism over global surge, while the greenback stood on the defensive as a subdued American inflation outlook capped American bond yields and also raised questions whether the Fed intends to tighten its policy or not…
Greenback tumbles as American yields are still low
On Monday, the evergreen buck went down against its key peers, losing traction as American Treasury yields were still low amid fading hopes that the Fed will raise interest rates again later in 2017…
Crude leaps 1% on weaker greenback
On Monday, crude prices leapt more than 1% on a weaker greenback, but another ascend in American drilling activity stoked concerns that a global supply glut will go on notwithstanding an OPEC-led effort to tame output…
