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According to analysts, soft global economic growth and oil surplus will limit oil prices at around $60 for the rest of this year...
Thursday marked the third session of rally for Germany's bond yields after European Central Bank President Mario Draghi said Wednesday that investors would have to get used to volatility in financial markets. Euro hit the highest level since May 18...
According to the recent report by the World Gold Council, strong and robust gold mining sector is necessary to maintain healthy global economy, as the gold mining industry was directly responsible for contributing $83.1 billion to the global economy in 2013...
Gold prices were steady near a three-week low touched in the previous session on Thursday, traders were keeping an attentive eye on developments surrounding negotiations between Greece and its international creditors...
On Thursday the euro touched a high of nearly five months against the yen in Asia trade as the single currency reversed the losing course against other currencies following revisions to the eurozone’s inflation forecasts...
"Our monetary policy measures have contributed to a broad-based easing in financial conditions, a recovery in inflation expectations and more favourable borrowing conditions for firms and households," ECB President Mario Draghi said after the bank left its key interest rate unchanged at 0.05...
Gold declined in early U.S. trading, as the yellow metal is once again impacted the U.S. dollar index, which is higher on Wednesday. Market players are now digesting ADP national employment report and trade data from the U.S., as well as ECB President Mario Draghi comments...
On Wednesday the greenback rose against a basket of other major currencies, as investors awaited the release of a series of U.S. economic reports for further indications on the outlook for second quarter growth...
Growth in Britain’s key services sector have slowed, according to fresh data, which spurred concerns about the economy’s ability to bounce back from the weak start to the year...