News / Blog
The U.K. Office for National Statistics said it is planning to upgrade its forecast for economic growth to 2.9% for 2014, from 2.8%, as long as other estimates, such as revisions to consumer spending or income, remained the same...
"In reality, the recent weakness probably has little to do with platinum itself. The market is very sentiment-driven right now...
The dollar pulled back from gains to trade flat after the release of data indicating a pickup in inflation...
On Friday the dollar was higher against its rivals, as markets awaited FOMC meeting due next week. While currency strategists suggest chances of the rate hike next week are almost zero, they think the Committee is going to prepare markets for September hike...
The euro slid lower on Friday as the IMF said in a note there’s been “no progress” in narrowing differences between Greece and its international lenders to avoid a default...
As the World Bank downgraded its global economic outlook for 2015 blaming contraction in emerging market economies and weaker performance in the U.S., investors got worried over emerging markets' ability to pay for ballooning obligations...
In their recent report, Nomura analysts say recent data suggests that U.S. economy may be gaining momentum, however, a stronger dollar and a drag from the energy center could test the recovery...
The greenback declined vs peers on Thursday, after data indicated that U.S. jobless claims rose slightly more than expected last week, although U.S. retail sales increased more than initially anticipated in May...
The World Bank trimmed its outlook for global economic growth this year amid slowdown in emerging markets and weaker output in the United States...