Downbeat growth forecasts from China and continued uncertainty about Greece's possible exit from the Euro have weighed heavily on markets, stoking the ‘risk-off' fire as risk-aversion sentiment ...
European stocks declined today on the back of rise in risk aversion in global markets. Asian markets also ended its trading session in the red and US stock futures are trading on a negative note as ...
Gold dropped on Wednesday early trading as investors remained worried that today’s informal EU summit would not come out with solutions to ease debt crisis amid possible frictions among European...
Crude oil remained under strong downside pressure taking it sharply downwards as pessimism in Europe weighs on the commodity affecting its outlook negatively ahead of Iran-West talks which will take ...
Yen gains after BOJ stands pat; World Bank cuts China outlook, April lending looks weak; EUR falls on Papademos "grexit" mentionEconomic Data(JP) BANK OF JAPAN (BOJ) LEAVES TARGET RATE RANGE UNCHANGED...
Iran: As the second round of talks on Iran’s nuclear program convene in Baghdad on Wednesday, according to a May report by OPEC, Iranian oil production fell by 12% in the first three months of ...
Led by near suicidal sentiment among the gold 'community', the broad markets recently embarked on a southerly course as well, culminating with 'dumb money' sentiment at very bearish levels in ...
Newspaper quoted the Greek Prime Minister Lucas Papademos saying that the getting out from the Euro zone of Greece is a real danger. The euro continued its losses against the dollar more ...
SO WHERE IS THE FED WHEN WE NEED THEM? The pressure of a disinflationary environment continues to get a tighter grip on the markets. Even those markets that lead the way and already had major ...
The JPY took losses against the US dollar during European trading yesterday, following a downgrade of Japan's credit rating. The USD/JPY advanced close to 60 pips over the course of the day, ...