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On Thursday the Aussie dollar rose to three-and-a-half month highs against its U.S. peer, as Wednesday's U.S. retail sales report continued to dampen the sentiment for the dollar...
According to the head of Credit Agricole SA’s corporate and investment bank, a trading recovery that started in the first quarter is persisting, supported by swings in bond and currency markets...
On Thursday crude oil prices dropped in Asia as markets were still worrisome about the strong production outlooks as there were few signs of a surge in demand...
Although China's economic growth seems to be contracting, the mainland's markets still offer good value, Pimco, a fund management giant, said in a note Wednesday...
Winter weather undoubtedly hurt the U.S. economy this year. However, the bigger drags were the two factors which are generally seen as positive - a strong greenback and cheap oil, said an economist at Morgan Stanley. In his view, a pickup is hardly expected even in the second quarter...
Euro area's economic growth has picked up in the first quarter, outpacing the United States and the United Kingdom for the first time in four years...
On Wednesday the euro reached one-week highs against the broadly weaker dollar as downbeat U.S. economic reports released earlier added to concerns over the outlook for second quarter growth after a sharp slowdown in the first quarter...
A battle for oil market share between OPEC and non-OPEC members is just beginning, the International Energy Agency said on Wednesday...
On Wednesday the greenback edged lower vs counterparts, after data indicated that U.S. retail sales rose less than expected in April, adding to the recent series of soft data and to concerns over the strength of the economy...
On Wednesday gold prices were steady near one-week highs on the back of falling benchmark bond yields across major nations and as the dollar remained vulnerable before U.S. economic data later in the day...