Crude prices leap on dipping American fuel inventories and lower production outlook
On Wednesday, crude prices went up more than 1…
Forex News
Key information updates for profitable trading
By 2020 China could manufacture almost half of new electric car models
By 2020 Chinese car makers are on track to manufacture up to 49 of the 103 fresh electric car models, as part of the Asian country’s push to accelerate the switch to battery power from crude, as a new forecast states published on Wednesday…
Asian stocks surge ahead of Yellen
On Wednesday, Asian stocks managed to tack on after Wall Street weathered a fresh twist in the controversy over Donald Trump's hypothetical connection with Russia, while market participants looked ahead to Fed Chair Janet Yellen's comments…
Australian dollar rebounds on firmer commodity prices
On Wednesday, the Japanese yen kept rebounding, while the Chinese Yuan stayed along a moderate downward path versus the US currency, while the Australian dollar edged up due to firmer commodity prices…
British stocks struggle as M&S, Pearson dip
On Tuesday, blue chip shares in Great Britain struggled, with Pearson PLC stocks swinging steeply lower on the eve of a $1 billion stake-selling deal…
June China car sales rebound amid price cuts
In June, China's car sales rebounded because the country's top industry association reported, shaking off weakness observed for the last two months because car producers grappled with a rollback in tax incentives, which drove strong surge the previous…
Banks and miners lift EU stocks
On Tuesday, European stocks demonstrated moderate revenues for a second session because strength among miners and banks suddenly offered a helping hand…
Greenback keeps to 96.00
On Tuesday, the American currency kept the positive tone, while a test/surpass of the crucial 96…
Asian currencies go down
On Tuesday, the Japanese yen seesawed in rather a narrow range in Asia, just a day after reaching four month minimums versus the greenback, with most Asian currencies staying subdued…
Crude soars on sturdy short-term demand outlook
On Tuesday, crude prices inched up, underpinned in part by a sturdy demand outlook for the coming weeks, though overall market conditions remain poor on the back of rich supplies as well as a more subdued outlook for long-term demand…
Gold gives up Monday profits in Asia
On Tuesday, gold lost ground in Asia, giving up some profits from Monday, while Tokyo gold managed to stand out as the only gainer…
Asian stocks mostly ascend, as traders look to US Fed testimony
On Tuesday, Asian stocks were mixed, with gainers supplanting losers…
