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Latest News

  • European stocks rise and end a four day losing streak

    11 Jul 2019 11:19 AM |

    European stocks rose on Thursday, ending a four day losing streak as Federal Reserve chairman Jerome Powell

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  • GBP rises from 6 months low

    11 Jul 2019 11:09 AM |

    GBP rose from a six month low to 1.2529. But the British currency remains low throughout the week in light of the bleak UK economic landscape

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  • Goldman Sachs sees only a 15% the probability of a 50bp FOMC July cut

    11 Jul 2019 08:55 AM |

    Goldman Sachs believes there is only a 15% chance that the US Federal Reserve will cut rates by 50 basis points at the July meeting.

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  • European stocks fell ahead of Fed Chairman's testimony

    10 Jul 2019 10:46 AM |

    European shares fell in early trade on Wednesday ahead of testimony by Fed Chairman Jerome Powell over two days that investors will follow closely for signs of a rate cut later this month.

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  • US crude inventories fall more than expected last week

    10 Jul 2019 08:42 AM |

    US petroleum inventories fell more than expected last week, while gasoline inventories fell and distillate inventories rose, US Petroleum Institute data showed.

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  • Forecasts of Fed cut interest rates twice in 2019 and 2020

    10 Jul 2019 08:29 AM |

    BNP Paribas expects the Fed to announce its decision at the July meeting to cut interest rates for the first time after four years of monetary tightening

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  • European stocks fall as German stocks fall sharply on profit warning

    9 Jul 2019 10:45 AM |

    European shares opened lower Tuesday as it could be the third consecutive daily loss as German stocks fell sharply due to a profit warning from chemicals giant BASF.

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  • Oil prices fall on concern over demand

    9 Jul 2019 10:10 AM |

    Oil prices fell on Tuesday on concern over demand after the latest signs that the US-China trade war has a negative impact on the global economy

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