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01/06/2016

The U.S. dollar rose to a two-month high against its peer currencies on Tuesday’s trading session and is on track to log its best month in the last six. The dollar was aided by recent statements made by the Federal Reserve in favor of raising interest rates in the coming months. The greenback soared over 4% since early May against the Japanese yen. [ 171 more words. ]

http://bit.ly/22x7sSl

The dollar extended its recent round of gains The U.S. dollar rose to a two-month high against its peer currencies on Tuesday’s trading session and is on tra

31/05/2016

Is oil's rise a continuing trend? Oil added more than 1% so far today.

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Oil prices rose on Tuesday, heading for the four straight monthly gain, with investors betting on higher U.S. fuel demand as peak driving season arrived in the No. 1 oil consumer. Data from market intelligence firm Genscape showed a drawdown of 686,700 barrels at the Cushing, Oklahoma delivery point...

31/05/2016

Recent remarks from the Federal Reserve helped the dollar move higher.
Gold dove below $1,200 for the first time since February after the dollar rose to a two-month high. The dollar recently gained momentum after comments from top Federal Reserve officials pointed to an interest hike in the near future. The rate hike would increase the dollar’s value, making the dollar-denominated precious metal less attractive to investors. [ 153 more words. ]

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Recent remarks from the Federal Reserve helped the dollar move higher Gold dove below $1,200 for the first time since February after the dollar rose to a two-m

30/05/2016

Trading currencies? The Federal Reserve isn't being shy about raising interest rates, helping the dollar rise against its peers.

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The dollar hit fresh highs after Federal Reserve Chair Janet Yellen added weight to a summer rate hike, saying the economy would be ready.

30/05/2016

European shares were slightly higher on Friday despite a sharp decline in oil prices. The pan-European Stoxx 600 gained 0.2%, adding to a total of 3.4% in weekly gains. Among the index’s major sectors, energy, auto and mining shares led the decliners. The UK’s FTSE 100 and France’s CAC 40 both ended marginally higher with less than 0.1% in gains, while the German DAX 30 added 0.13%. [ 160 more words. ]

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27/05/2016

Wall street was mostly lower on Thursday and traded within a narrow range as oil prices rose to 7-month highs. All three major benchmarks moved into negative territory early in the session, mostly dragged down by the financial sector, which was the worst performer among all sectors. Apple also weighed on the market as it traded around 0.5% lower. [ 145 more words. ]

http://bit.ly/1TE84Qa

Apple and the financial sector ended hopes for a three-day winning streak Wall street was mostly lower on Thursday and traded within a narrow range as oil pric

27/05/2016

What will happen in next month's Brexit vote? More importantly, what will happen to the euro and stock markets?

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G-7 leaders warned on Friday that a British vote to leave the EU next month would seriously threaten the world economy, the Financial Times reports.

26/05/2016

Gold dropped to a seven-week low on Wednesday’s trading session after positive U.S. economic data boosted expectations of a U.S. interest rate hike as early as next month. The precious metal fell more than 4% since last Wednesday when statements from Fed officials indicated that the central bank was preparing for a rate hike. [ 169 more words. ]

http://bit.ly/1UeWHQV

Gold has taken a hit on the prospect of U.S. interest rate hike next month Gold dropped to a seven-week low on Wednesday’s trading session after positive U.S

25/05/2016

Should today's rally in global markets be trusted? Some experts don't think so!

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The recent surge in the S&P 500 could soon run out of steam, according to one trader.

25/05/2016

Stock markets in Europe extended their gains on Tuesday despite choppy early-session trading. Major benchmarks were supported by the banking, mining and retail sectors, which enjoyed a strong day. The pan-European STOXX 600 added more than 1.5% nearing the end of session. Other major indexes, including the German DAX 30, French CAC 40 and UK FTSE 100, all rose 1-2%. [ 146 more words. ]

http://bit.ly/2479s2H

A number of key sectors helped European shares post impressive gains Stock markets in Europe extended their gains on Tuesday despite choppy early-session tradi

24/05/2016

All signs point towards a U.S. rate hike next month. What happened last time to the dollar and Wall Street? Keep it in mind when trading!

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John Williams, president of the Federal Reserve Bank of San Francisco, said Monday that the Fed is seriously weighing a June rate hike.

24/05/2016

Major U.S. benchmarks traded higher on Monday as the prospect of Monsanto’s buyout lifted the markets. German drug maker Bayer has bid more than 20% higher than Monsanto’s latest close, helping the seeds and chemical maker gain more than 5% in morning trade alone. In addition, Apple shares rose more than 1.5%, helping the Nasdaq Composite index outperform its counterparts with a 0.3% gain by mid-day. [ 161 more words. ]

http://bit.ly/27QZV4G

U.S. stocks moved higher on Monday as a major buyout lifted the market Major U.S. benchmarks traded higher on Monday as the prospect of Monsanto’s buyout lif