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European Shares Boosted by Basic Resources,...

Aug 16, 2017Comments off

Miners and oil stocks lifted Europe’s major share index on Wednesday, as higher metals prices provided support while investors await eurozone GDP figures which is

Oil Prices Rise on Declining U.S. Inventori...

Aug 15, 2017Comments off

Oil prices rallied due to a decline in U.S. crude stockpiles. However, the markets remained burdened by the general oversupply. Brent crude futures stood at

Dollar Steady after Solid US Retail Sales D...

Aug 15, 2017Comments off

The dollar was steady on Wednesday, holding onto most of the gains it made following U.S. retail sales data which bolstered the likelihood of another

China Regain Title as Biggest Foreign Holde...

Aug 15, 2017Comments off

China managed to reclaim its spot as the top foreign holder of U.S. debt, after increasing its holdings of Treasuries for the fifth straight month.

Gold Prices Rose Ahead of Minutes from Fed ...

Aug 15, 2017Comments off

Gold prices climbed early on Wednesday as the dollar fell slightly. Investors await the release of minutes from the U.S. Federal Reserve’s meeting in July

Amazon Enters Bond Market to Finance Whole ...

Aug 15, 2017Comments off

The e-retail giant sold $3.5 billion 10-year corporate paper with a 0.9% yield premium to government bonds, lower than the 1.1 percentage point guidance benchmarked

Benchmark Treasury Yield Posts Biggest Thre...

Aug 15, 2017Comments off

Treasury prices slid, pushing yields higher as investors shed their holdings of U.S. government bonds following a wave of solid of economic data and dissipating

Bitcoin Slides Under $4,000 Mark

Aug 15, 2017Comments off

Bitcoin has fallen below the $4,000 threshold, posting a 7 percent drop at $3, 996 per coin. The slide comes after a dramatic surge that

Wall Street Flat as Retail Stocks Sharply D...

Aug 15, 2017Comments off

U.S. equities closed little changed on Tuesday as losses in Home Depot and other retailers followed results which counterbalanced strong U.S. retail sales data. The

European Markets Climb as Airlines Buoyed G...

Aug 15, 2017Comments off

European shares advanced on Tuesday, recovering further in holiday-thinned trading, as airlines buoyed gains after Air Berlin filed for insolvency, which caused Lufthansa as well