The dollar was lower against the euro and the yen on Thursday, after U.S. first quarter growth was revised down sharply. EUR/USD was at 1.3638, not far from the more than two-week high of 1.3650 reached on Wednesday. The pair was likely to find support at 1.3600 and resistance at 1.3670...
China expanded banks’ freedom to set foreign-currency deposit rates in Shanghai, a step toward easing interest-rate controls across the nation...
Crude oil futures edged lower on Thursday, as investors assessed the supply outlook in Iraq and demand prospects from the U.S. On the New York Mercantile Exchange, crude oil for delivery in August tacked on 0.07%, or 7 cents, to trade at $106.58 a barrel during European morning hours...
Shares in Asia rose on Thursday, responding to a growing on Wall Street which posted a gain for the first time in three days. Hong Kong's Hang Seng Index rose 0.4%, while Sydney's S&P/ASX 200 gained 0.5%. Korea's KOSPI rose 0.6%. Tokyo's Nikkei 225 rose a slight 0.2%. Yahoo Japan Corp...
Natural gas futures rose on Wednesday as weather services called for typical warm summertime temperatures to return over much of the central and eastern U.S. On the New York Mercantile Exchange, August natural gas futures ended at $4.580 per million British thermal units during U.S. trading, up 0...
Gold traded below a two-month high today, investors weighed the outlook for the U.S. economy on recovery. Price for gold with immediate delivery slipped to $1,316.11 today, paring advance to 5.3 percent in June, the most since February...
Today most European stocks rose after report from Asia. Dollar fell on speculation weakness in the U.S. economy and it means that the Federal Reserve will keep interest rates lower for longer. The Stoxx Europe 600 Index rose 0.1 percent by 8:16 a.m. in London...
Greenland Global Investment Ltd. sold the first bonds of China with a new cross-border guarantee. The debt, guaranteed by Greenland Holding Group Co., includes $400 million of notes due in 2019 at 285 basis points more than Treasuries and $600 million of 10-year debentures at a spread of 341...
At the end of the last week gold was in two months high just above $1320 and now its price fell slightly. For the first time in two weeks it moved back through the key $1275 level. It was also able to break through the $1300 level too...
On Wednesday the dollar is steady against euro and yen, the main currencies are traded in recent ranges in muted auction. The pair Euro/Dollar is trading at 1.3611, is located in the month's range of 1.3503-1.3678. The pair was likely to find support at 1.3573 and resistance at 1.3642...
