On Thursday the British currency rose against the other major currencies in European trade, after data showed that UK retail sales climbed higher than expected in April. The new data spurred hopes that Britain's economic growth may accelerate in the second quarter...
Thursday saw crude oil futures rising for a second day as the U.S. government report released Wednesday showed crude inventories declined for a third week. Fighting in Iraq remains in focus...
On Thursday the single currency was steady at two-week trough against the dollar after the minutes of the Federal Reserve’s latest meeting did little to alter expectations that it will hold off on raising rates until later this year...
On Thursday the greenback declined against the yen in Asia trade, with gains limited by profit taking and selling by Japanese exporters after a recent rally that brought the greenback to a two-month high...
On Wednesday oil futures were higher after losing almost 4% Tuesday, as traders awaited a U.S. government report which may indicate a third straight weekly decline in crude inventories. Possible escalation off the coast of Yemen also impacted oil prices...
The dollar hit a two-month high just above 121 yen on Wednesday and extended gains against the euro to a three-week high, as the euro extended the previous session's sharp falls after the ECB comments...
As all attention is attracted by the minutes from the Federal Open Market Committee due later Wednesday, Kitco Metals analyst suggests they will simply be an update for the market as he explains he's not seeing a rate hike until 2016...
On Wednesday gold extended the previous session's slide, as the dollar was stronger ahead of minutes from the Federal Reserve's latest policy meeting, which will be closely watched for clues on the U.S. rate outlook...
In a nutshell, Bank of America analysts called on their clients to be dollar bullish, reiterating their positive forecasts for dollar-yen pair, dollar-euro pair and U.S. Treasuries...
Stocks in Japan finished at a 15-year high on Wednesday after data showed that in the first three months of 2015 Japan’s economy grew at its fastest pace in a year, while one of Hong Kong’s hottest stocks of 2015, Hanergy Thin Film Power Group Ltd., plunged nearly 50...
On Wednesday crude oil prices rose recovering from sharp fall in the previous session, after strong Japanese GDP and as the consumer outlook in Australia seemed to brighten, driving producer hopes of increased demand...
On Wednesday the dollar reached a two-month peak against the yen and extended its gains vs the euro in Asia trade, boosted by positive U.S. data and comments suggesting a front-loading of European Central Bank bond purchases...
According to SNL Metals & Mining, a mining-focused research firm, production of gold dropped in the first quarter of 2015, compared to data from the same period of 2014...
On Tuesday gold futures lost ground, pulling back from a three-month peak as the greenback edged higher against a soft euro. Data earlier showed that housing starts jumped 20.2% in April, the largest jump in more than 24 years...
Now that the S&P 500 has touched yet another record high, the stock market indicator may have nowhere else to go for the next 12 months, says Goldman Sachs...
On Tuesday the dollar strengthened broadly against its peers, as soft data from the euro zone and the U.K. undermined market sentiment and as market players awaited the Federal Reserve's upcoming policy statement...
On Tuesday Chinese stocks recorded their biggest surge in nearly four months, after the government delivered its blueprint on reforming its economic system in 2015, which includes further opening up capital markets...
Analysts at Triland Metals sound quite upbeat about gold, saying that it has enough momentum to push higher in the near-term, though it might not be able to hold long-term gains. Meanwhile, commodity strategists at Morgan Stanley consider the latest rally to be short-lived...
Japan's benchmark rose above 20,000 for the first time in three years, as markets awaited Japan's GDP data due on Wednesday "wish some optimism" and as U.S. stocks saw a rise overnight...
As crude oil fell from the $100 level last summer, analysts have been trying to pick a bottom but had little success. While they have been trying to foresee a recovery, Goldman predicted oil will stay at lower levels for the rest of the decade...