Gold slides in Asia as greenback rebounds from overnight
On Friday, gold decreased because the greenback rebounded and market participants looked ahead to more data on American inflation…
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Crude goes down in Asia as focus shifts back to oversupply
On Friday, crude prices edged down steeply in Asia because market participants shrugged off American inventory data and focused on an ongoing global supply glut…
Yen soars moderately after better-than-expected wages data
On Friday, the Japanese yen inched up modestly in Asia after better-than-expected average cash earnings with a poor private jobs report putting pressure on market sentiment…
British starting salaries leap as Brexit vote hits staff supply
Salaries for UK employees starting in permanent jobs went up at the fastest pace since 2015…
European stocks slip moderately
On Thursday, European shares headed south moderately, although a series of earnings updates grasped the focus with Sodexo leading losers after the French group downgraded its sales prediction…
Libya’s crude output might have hit 1mb/d
The major negative story for crude prices for the last time has been suggestions that Libya’s crude output might have surpassed 1 million barrels per day (mb/d)…
China June data will demonstrate steady surge
A bunch of Chinese reports in coming weeks is supposed to demonstrate steady surge in the world's number two economy, though government measures to rein in the housing market as well as debt risks will probably drag on activity over the next quarters…
American factory orders head south 0.8% in May
In May, US factory orders decreased 0…
Gold acts firmer on risk-off, while staying below $ 1230
On Thursday, gold kept the revival mode intact in New York for the third straight trading session…
Asia stocks edge down on Fed minutes
On Thursday, most Asian stock markets went down following minutes from the Fed’s last meeting, which revealed a lack of consensus on the future pace of American interest rate hikes, while crude prices tacked on following yesterday’s steep dip…
US dollar stabilizes after Fed minutes
On Thursday, the US currency stabilized versus its rivals after the Fed’s policy gathering minutes took the wind out of its advance…
Australia's trade surplus rebounds steeply
In May, Australia's trade surplus rebounded steeply because coal shipments revived faster than expected from a series of cyclone-induced disruptions, thus putting exports back on track to contribute to economic surge in the quarter…
