US Wholesale Inventories Rise 0.3% in September
U.S. wholesale inventories increased 0.3 percent in September, on par with analysts’ estimates, while the strong growth in August was revised slightly downward from 0.9 percent to 0.8 percent.read more...
View ArticleSaudi Aramco Signs $ 4.5 Billion Deals with Europe, China and US
Saudi Aramco on Thursday signed agreements worth $4.5 billion with firms from Europe, the United States, China and the United Arab Emirates for oil and gas projects in the kingdom.read more...
View ArticleEU Commission Downgrades UK Growth to 1.5%
The European commission enters key Brexit talks with the government with the eurozone economy in its best shape for a decade and activity in the UK weaker than expected six months ago.read more...
View ArticleUS Unemployment Claims Rose by 239,000 Last Week
The number of Americans filing for unemployment benefits rose more than expected last week, suggesting that claims processing disrupted by recent hurricanes has begun to improve.read more...
View ArticleCanadian House Price Index Rose 0.2% in September
Higher new home prices in British Columbia were responsible for most of the national gain in September, while results in the rest of Canada were mixed.read more...
View ArticleUSD/JPY â Yen Gains Ground as US Jobless Claims Disappoints
USD/JPY has posted losses in the Thursday session. In North American trade, USD/JPY is trading at 113.68 down 0.17% on the day. On the release front, Japanese Economy Watchers Sentiment improved to...
View ArticleGBP/USD â Pound Inches Higher, Markets Eye British Mfg. Production
The British has ticked higher in the Thursday session. In North American trade, GBP/USD is trading at 1.3131, up 0.11% on the day. On the release front, there are no British indicators. In the US,Â...
View ArticleGold Rally Continues as Jobless Claims Jump
Gold has posted gains for a second straight day. In Thursday’s North American trade, the spot price for an ounce of gold is $1286.73, up 0.42% on the day. On the release front, unemployment claims...
View ArticleUK Data and Brexit Negotiations Key on Friday
Will Investors Shake Off Thursdayâs Weakness? Financial markets are looking a little flat ahead of the European open on Friday, following a similar session in Asia overnight and as traders try to...
View ArticleUK to Set Brexit Day into Law
Britainâs government said on Thursday it would use legislation to fix the time and date of the countryâs European Union exit, addressing concerns of Brexiteers who fear slow negotiations and...
View ArticleUK Can Still Change its Mind According to Article 50 Author
Prime Minister Theresa May should stop misleading voters and admit that Brexit can be avoided if Britain decides to unilaterally scrap divorce talks, the man who drafted Article 50 of the Lisbon...
View ArticleOilâs Technical Resistance Stiffens Itâs Resolve
Technical resistance and overbought short-term indicators are setting of more red lights on Brent and WTI charts as we head into the week’s end.read more...
View ArticleThe US Will No Longer Tolerate Chronic Trade Abuses Warns Trump
President Donald Trump pushed for freedom and economic openness in a Friday speech that portrayed Washington as a more respectful trade partner to Asian nations than China has been.Speaking at the...
View ArticleEUR/USD â Euro Unchanged on Lack of Eurozone Indicators
The euro continues to have a quiet week, as it stays close to the 1.16 line. In the Friday session, EUR/USD is trading at 1.1654, up 0.11% on the day. In economic news, it’s a quiet end to the week,...
View ArticleDAX Slides to 2-Week Low
The DAX has edged lower on Friday, after three straight losing sessions. Currently, the DAX is at 13,161.25, down 0.17% on the day. On the release front, there are no German or eurozone events on the...
View ArticleUSD/CAD â Canadian Dollar Ticks Lower, US Consumer Confidence Next
The Canadian dollar has inched lower in the Friday session. Currently, USD/CAD is trading at 1.2667, down 0.10% on the day. On the release front, there are no Canadian events on the schedule. In the...
View ArticleUS Tax Uncertainty Hammers Dollar
Republican House and Senate tax plans differread more...
View Article
More Pages to Explore .....