In a monthly report released Thursday the Organization of Petroleum-Exporting Countries (OPEC) trimmed its forecasts for non-OPEC oil supply growth in 2015 signaling that its strategy of pressing its American rivals could be working...
On Thursday the dollar slid lower against its peers, as Wednesday's disappointing U.S. data continued to weigh and as investors awaited additional U.S. economic reports due later in the day...
On Thursday crude oil futures declined after posting its biggest one-day rally in two months on Wednesday, as data showed that oil supplies in the U.S. rose less than expected last week...
On Thursday most Asian share markets rose having taken cues from a global surge in equities, while the dollar was lower pressed by weak economic data...
On Thursday the Australian dollar rose to three-week peak against the US dollar, as upbeat Australian employment data supported the local currency, while Wednesday's weak U.S. data continued to weigh on the greenback...
On Wednesday the dollar remained broadly higher against its peers, even after data indicated that manufacturing conditions in the New York area contracted unexpectedly in April, as markets awaited a report on U.S. industrial production later in the day...
How Optimal Payments (OPAY) could be left aside when most of the payment services providers are going for Bitcoin...
On Wednesday the euro was lower against the dollar after the European Central Bank left monetary policy unchanged, as markets expected the bank’s post-policy meeting press conference...
On Wednesday the gold price was just above two-week lows, with the greenback firming and the Chinese economy slowing more than expected...
On Wednesday the pound declined against its US peer, as markets digested Tuesday's negative U.S. data and as disappointing reports from China pressured market sentiment...
Disappointing Chinese data heavily weighed on the Australian dollar, pushing it closer to parity with New Zealand. Aussie was mostly influenced by external factors rather than with the domestic situation, analysts say, and China was important because is was the key buyer of Australian resources...
On Wednesday crude-oil futures rose in Asian session but gains were trimmed after China’s economic data showed slower growth in the first quarter of the year. China is the world’s second-largest consumer of oil and its economic slowing is bearish for its oil demand...
On Wednesday Asian shares were lower impacted by mixed data from China and growing fears stimulus won't come...
According to the Energy Information Administration, in May output from the prolific tight-rock formations such as North Dakota’s Bakken shale will decline 57,000 barrels a day...
On Tuesday gold prices trimmed losses, after data showed that in March retail sales in the U.S. rose less than expected...
On Tuesday the greenback was broadly firmer against its rivals, as market players awaited the release of U.S. data later in the day and as hopes for rate hike continued to support the US currency...
“I don’t think it’s a bad thing to send a signal that selling of the yen is coming closer to its limit bit by bit,” Koichi Hamada, an adviser to Prime Minister Shinzo Abe on monetary policy, told in an interview with Bloomberg...
On Tuesday the euro was steady versus its US counterparts, approaching one-month lows despite positive euro zone industrial production data. Sentiment on the greenback remained broadly supported by U.S. rate hike hopes...
On Tuesday crude-oil futures extended gains on expectations that U.S. shale oil production has reached its peak and might begin to fall...
