NEWS

Oil stocks drive a bounce in European shares European shares inched higher on Friday as oil stocks rose on firmer crude prices, though gains were

Euro zone bond yields soar as rate hikes bets jump on hawkish ECB Euro zone government bonds yields soared on Thursday as money markets rushed

ECB on hold but may acknowledge inflation risks The European Central Bank is all but certain to keep policy unchanged on Thursday but could acknowledge

Euro zone fiscal support for economy to shrink in 2023 – Eurogroup head Fiscal support for the euro zone economy will diminish next year as

Glencore’s cobalt output climbs on Mutanda restart; sticks to 2022 targets Miner and trader Glencore (LON:GLEN) said on Wednesday its cobalt output rose 14% in

Dollar declines for second day running as FX markets change course The dollar fell for a second consecutive session on Tuesday, knocked off the 19-month

European shares supported by tech, but mark worst month since late-2020 European shares ended higher on Monday as tech stocks jumped from eight-month lows, although

German inflation eases in January but not enough for real relief German annual inflation slowed in January but was still higher than expected by analysts

The U.S. dollar edged lower in early European trade Monday, handing back some of last week’s gains at the start of a week dominated by

Sterling on Friday edged up against the euro, just off its 23-month high, as investors expect the Bank of England to raise rates next week

The dollar was headed for its best week in seven months on Friday, driven higher by a flight from risky assets and markets pricing a

Stocks fell on Thursday, U.S. two-year bond yields rocketed to 23-month highs and the dollar busted out of its recent range after the Federal Reserve

Asian shares fell to their lowest in more than 14 months, short-term U.S. yields rose to 23-month highs and the dollar strengthened on Thursday after

The USDCAD has reacted to the upside after the Bank of Canada kept rates unchanged. The key piece in the statement said: “The Governing Council

Asian share markets got off to a cautious start on Wednesday, after another volatile Wall Street session, as investors braced for the outcome of the

Analysts have raised their European carbon market average price forecasts in response to persistently high gas prices that encourage electricity generators to use more polluting

The onshore yuan rose to an all-time high versus the currencies of China’s major trading partners, in another sign that the authorities are easing their

The British pound fell on Monday, hitting its lowest in 18 days versus the U.S. dollar, as investors sold riskier assets amid expectations of Fed

Germany’s leader has urged Europe and the United States to think carefully when considering sanctions against Russia for any aggression against Ukraine in a crisis

The UK landbridge that offered traders the fastest route between Ireland and the European continent before Brexit will not re-emerge as a preferred option for

The World Bank has approved a loan of $750 million to South Africa linked to COVID-19, aiming to help protect the poor and support economic

The dollar dipped on Thursday as this week’s rally in U.S. Treasury yields paused, while the Canadian and Australian dollars gained on the back of

Gold was down, on Thursday morning in Asia, with higher U.S. Treasury yields blocking gains as investors remain cautious in preparation for the U.S. Federal

Turkey and the United Arab Emirates said on Wednesday they had agreed a nearly $5-billion swap deal in local currencies, in a sign of warming

The Bank of Japan must be mindful of the risk that inflation may accelerate faster than expected if raw material costs continue to spike and

High-flying tech stocks, the darling of the pandemic, are the most shunned counters in the opening weeks of 2022 as investors see a flurry of

Asia’s share markets were mostly higher on Tuesday even as global investor attention remains fixed on the prospect of U.S interest rate hikes in the

The dollar edged lower on Monday as traders took the view that Federal Reserve tightening moves were largely priced in, while the euro eased from

China’s economy rebounded in 2021 from its pandemic-induced slump helped by robust exports but weak consumption at the year-end and a property slowdown point to

The U.S. dollar fell for a fourth consecutive day on Friday to its lowest in more than two months as investors took the view that

The Bank of Korea raised interest rates on Friday for the third time since the summer, underscoring the board’s determination to swiftly curb inflation and

Canada intends to sign onto Mexico’s complaint against the United States over its interpretation of rules of origin in the automotive industry, Trade Minister Mary

U.S. President Joe Biden admitted on Wednesday that his administration still had “more work to do with price increases still too high” even as he

Sweden’s central bank said on Wednesday that it needed to boost its own financial buffer by 15 billion Swedish crowns ($1.67 billion) to strengthen resilience

The dollar slid to its weakest since mid-November against major peers on Wednesday, after Federal Reserve Chair Jerome Powell said it may take several months

Only one in 10 World Economic Forum members surveyed expects the global recovery to accelerate over the next three years, a poll of nearly 1,000

The U.S. dollar hovered near the middle of its recent range against major peers on Tuesday as traders looked to incumbent Fed Chair Jerome Powell’s

Sterling on Monday hit its highest level against the euro since February 2020 amid rate rise expectations and easing fears about the adverse impact of

The dollar was up on Monday morning in Asia starting the week strong as investors bet U.S. inflation data and appearances from several U.S. Federal

European stock markets weakened Friday, weighed down by disappointing regional economic data ahead of the release of key U.S. employment numbers for December. At 3:40

French drugmaker Sanofi (PA:SASY) SA will partner with British AI firm Exscientia Plc to develop up to 15 drug candidates across oncology and immunology, in

Qatar Airways is claiming $618 million in compensation from planemaker Airbus in a dispute over erosion to the surface of A350 jetliners, a court document

FOMC MEETING Tonight at 9:30 Tehran time, We will have the interest rate determination and the statement of the Federal Open Market Committee ahead. Due to forecasts,

Employment change As you see in the chart, the Aussie has dropped sharply against the US dollar since May 10 and continued till the 20th

Yesterday we saw the gold price decrease against the dollar. The most likely reasons for the decline are the lack of demand for physical gold