News / Blog
Asian shares dropped with U.S. index futures as the surprising move from Switzerland abandoning the franc’s cap extended into a second day...
Swiss franc surged to a record versus the euro as cash flooded into the nation after the Swiss National Bank removed a cap on the currency that had held back inflows for more than three years...
U.S. producer prices in December recorded their biggest drop in more than three years on plunging energy costs whilst underlying inflation pressures were muted, a cautionary note for the Federal Reserve as it ponders its next step on monetary policy...
Oil prices steadied on Thursday, firming as the dollar weakened, though OPEC and Bank of America Merrill Lynch reduced forecasts of demand for its oil this year. Oil and other commodities are priced in dollars and are likely to gain when the U.S. currency declines...
A surprise interest-rate cut in India sent banks soaring and as Chinese equities surged. The Swiss central bank’s decision to remove a cap on the franc pummeled currencies in eastern Europe, as Bloomberg reports...
On Thursday the euro dropped to multi-year lows against the greenback and Swiss franc after the Swiss National Bank abandoned its exchange rate cap against the European currency and cut interest rates further into negative territory...
The British currency dropped lower against the U.S. dollar on Thursday, as the greenback regained some strength after weakening in the previous session due to downbeat U.S. retail sales data...
European stocks advanced on Thursday, influenced by expectations for additional easing measures by the European Central Bank which overshadowed the ongoing rout in oil prices. The EURO STOXX 50 rallied 1.05%, France’s CAC 40 climbed 1.04%, while Germany’s DAX 30 jumped 1...
On Thursday gold futures rose in Asian trade...
On Thursday Asian stocks mostly rose after a significant rebound in oil and copper prices brought a semblance of calm, while the dollar regained ground lost on disappointing U.S. retail sales...