Greenback slumps vs. counterparts ahead of American GDP data
On Friday, the greenback decreased versus other key counterparts because recent comments by the Fed kept weighing…
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Crude prices sag, while staying close to eight-week peaks
On Friday, crude edged lower, while still hovering over 8-week maximums, underpinned by a dip in American inventories as well as OPEC's ongoing attempts to cut output…
Gold jumps in Asia with Japanese CPI shrugged off
On Friday, gold managed to hold an edge in Asia, with Japan prices data demonstrating minor impact as well as the market seen steady until more clarity emerges on American economic policies…
Euro zone corporate lending slumps from post-crisis maximum
In June, surge in bank loans to euro zone corporations decreased abruptly, though household lending kept to a post-crisis maximum and a major money supply indicator, normally predicting future economic activity, strengthened, as European Central Bank…
US currency nurses losses at 13-month minimums
On Thursday, the evergreen buck was nursing losses at 13-month minimums versus a basket of the other crucial currencies after the Fed’s fresh policy statement indicated that it might not lift interest rates again in 2017…
Gold ascends to 6-week peak as Fed shows dovish tone on inflation
On Thursday, gold soared to the highest value in six weeks in European trade, right after the Fed’s cautious wording on the American inflation outlook drove hopes that policy tightening would be glacial…
China industrial revenues leap 19.1% year on year
In June, earnings for China's industrial companies ascended 19…
Bullish bets on Chinese Yuan reach their maximum since December
Market participants increased their long positions in most Asian currencies versus two weeks ago…
AUD/USD overleaps 0.8000
The currency pair AUD/USD managed to extend its break above 0…
Asian stocks reach 2007 maximum
On Thursday, in Asia bonds, equities and commodities were all on a roll because bulls saw a sort of softening in the US major bank’s confidence on inflation, which pledged to keep American interest rates low for longer, which some had expected…
Crude prices hover close to eight-week maximums on lower US stocks
On Thursday, crude prices were sitting below 8-week maximums, underpinned by hopes that a steeper-than-expected sag in American crude inventories will diminish global oversupply…
British economic surge adds in the second-quarter
The UK economy gathered just a little speed during the second quarter after nearly stalling at the beginning of the year, underpinned by the services sector as well as a flourishing film industry, as official figures disclosed on Wednesday…
