New Zealand business confidence slumped to the lowest level since the country'sgeneral election last year as a result of waning optimism on the economy and a drop in expectations of inflation to a record low historically. NZDUSD As much as 15...
Thursday marked a decline in oil futures, with the U.S. benchmark touching its lowest level in about five weeks, as markets await confirmation from the U.S. authorities on if crude supplies declined...
On Thursday China's mainland markets were the main losers in Asia, as worries over tighter requirements on margin financing spurred selloff. Separately, filings signaled that China Central Huijin Investment Ltd., a unit of China's sovereign wealth fund China Investment Corp...
An OPEC source who preferred to stay unnamed said to Saudi Arabia's Al Hayat newspaper that the cartel is not likely to reduce oil production at the meeting in June, and the meeting will be short...
On Thursday the euro slid back to the one-month low as hopes for a close deal between Greece and creditors faded after ECB warning. The dollar was still stronger against peers despite fresh downbeat numbers...
Investment strategist Sara Nunnally was interviewed by Kitco News for her technical outlook on the gold market. Sara has her own projection on when the Federal Reserve is most likely to raise interest rates...
On Thursday the greenback declined versus rivals in a subdued trade, as investors awaited the release of U.S. economic reports later in the day. Meanwhile, expectations of an earlier rate hike in the U.S. kept lending support to the greenback...
On Thursday sterling slipped against the dollar after data signaled the economic growth in the U.K. in the first quarter of 2015 was unchanged from initial estimates...
Despite low oil prices, U.S. shale boom is proving resilient, the Organization of of the Petroleum Exporting Countries (OPEC) said in its biggest report this year, which suggests the global oil glut could linger for two more years. Every five years OPEC publishes long-term strategy reports...
The strong U.S. dollar has pressured precious metals since last summer. Also, the talk of interest rate hikes by the Fed is said to have negatively influenced gold...
The dollar rose to its highest level in 13 years against the yen on Thursday, boosted by expectations that the economic recovery in the U.S. would accelerate the timeline for higher interest rates...
According to an announcement that has come from British Columbia’s Simon Fraser University (SFU), the campus bookstore would begin accepting Bitcoin payments starting 26th May...
German-based Commerzbank said in a recent report that it sees more potential for gold priced in euros, as lingering speculation on when the U.S. central bank lefts rates continue to pressure the U.S. gold market...
Dollar remained broadly supported against the basket of other major currencies amid renewed expectations of rate hike in the U.S. this year. Gold touches two-month low. Reports released on Tuesday indicated that U.S...
The yellow metal was fluctuating during the recent sessions, however, remaining below the psychological $1,200/oz level...
In the early U.S. trade, gold prices were near unchanged levels and after slipping to a two-week low overnight. Although the gold market currently sees little demand from the Greek debt matter, this could shift if the situation with Athens and its debt burden worsens, says Kitco News...
On Wednesday the greenback climbed to eight-year peak versus the yen, as upbeat data released Tuesday continued to boost demand for the dollar...
European stocks recover on Wednesday after losing ground in the previous session, as Greek jitters and a commodity squeeze receded...
Deutsche Boerse AG and two Chinese exchanges are establishing a joint venture called China Europe International Exchange to offer yuan products, with the aim to provide European investors with bigger access to the world’s second-largest economy...
