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On Thursday the pound declined against the U.S. dollar, after the release of negative U.K. retail sales data, although hopes for a rate hike by the Bank of England later in the year continued to lend support...
The euro was slightly higher against the U.S. dollar on Thursday, after Greek MPs passed a second set of crucial reforms early Thursday, paving the way to the country's third bailout...
The European Central Bank has decided to provide Greece with another €900m of emergency liquidity, easing the pressure on Greek lenders as it prepares to embark on a third tour of duty in Athens, Bloomberg reported...
On Wednesday the greenback strengthened further after fresh data signaled sales of existing homes in the U.S. climbed at the fastest pace since February 2007...
Delegates from the Organization of the Petroleum Exporting Countries (OPEC) said they consider the current plunge in oil prices to be temporary adding that it will not deflect the cartel from its current policy of keeping output high to defend market share...
Greece parliament was set to vote later today on a second package of reforms needed to secure the country's bailout deal...
Wednesday marked the 10th session of losses for gold. Comex gold for August delivery was last around $1,093 an ounce. While some analysts say gold may bounce back soon, Goldman's Jeffrey Currie, head of commodities research, suggested the yellow metal could trade below $1,000 an ounce...
HSBC analysts say they do not expect any other sharp selloff in metals after the plunge at the beginning of the week...