GBP, EUR, and JPY are the top G10 FX gainers today, up 0.34%, 0.22%, and 0.22% vs the dollar while USD is the top loser. In the Asian equities space, Nikkei is close due to Japanese holidays the Hang...
GBP, EUR, and JPY are the top G10 FX gainers today, up 0.34%, 0.22%, and 0.22% vs the dollar while USD is the top loser. In the Asian equities space, Nikkei is close due to Japanese holidays the Hang...
Asian stocks declined as traders start to worry about China’s growth. This is after the country released weak PMI data for April. During the month, the Markit manufacturing PMI declined to 50.1 from the previous 50.5. Traders were expecting...
The Canadian dollar declined after the central bank announced its interest rates decision. As expected, the bank left interest rates unchanged at the 1.75% level. This was the fourth straight month the bank has left rates unchanged. In the...
The price of crude oil rose today after Chevron announced that it will acquire rival Anadarko for $33 billion. This is the biggest purchase in the oil and gas sector since oil prices started to decline in 2014. This...
The price of crude oil jumped in overnight trading as traders cheered the ongoing supply cuts by OPEC. These cuts started after the December meeting in Vienna during which officials announced that they will cut production in a bid...
Asia-Pacific equities were mixed after the timing of the US-China trade deal was postponed. In an interview, Donald Trump said that there were still some pending issues, which could push the announcement of the deal to the next four...
The price of crude oil was little moved in overnight trading after data from the EIA showed increased inventories. Over the past week, the inventories jumped by 7.9 million, which was higher than the 425K drawdown that investors were...
The price of crude oil rose in overnight trading even after the American Petroleum Institute (API) data showed increased inventories in the United States. Both the West Texas Intermediate (WTI) and Brent reached their highest levels this year. The...