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Mario Draghi, the former president of the European Central Bank, was known for his phrase that formed around three words "whatever it takes", which was repeated in a similar statement by the Federal ...

US stocks close slightly higher after Fed’s rate decision

2019-12-11 23:27:39 GMT (
US stocks rose slightly on Wednesday, after the Federal Reserve's interest rates decision and Fed Chief Jerome Powell's positive statements about the US economy.   The US Federal Reserve ...

Corn futures close lower after USDA report

2019-12-11 23:19:33 GMT (
Corn prices fell on Wednesday, after the release of the US Department of Agriculture's report, amid broad anticipation for updates on the US-China trade talks.   The US government kept corn ...

Silver closes higher as dollar turns lower

2019-12-11 21:20:37 GMT (
Silver prices rose today, as safe-haven demand rebounded on precious metals amid caution for the Federal Reserve decision and a retreat in the US dollar.   The US Federal Reserve decided today ...

Sterling rises against dollar on eve of UK election

2019-12-11 20:52:13 GMT (
British pound rose today, ahead of the UK early general election launch, which was requested by British PM Boris Johnson and the House of Commons approved it.   Latest opinion polls showed ...

Federal Reserve holds interest, hints to pause cuts in 2020

2019-12-11 19:21:25 GMT (
The US Federal Reserve decided today to hold interest rates unchanged between 1.75% and 1.50%, in a widely expected move to pause to assess the appropriate path and the implications of last three ...

Gold closes higher as dollar falters, with focus on Fed decision

2019-12-11 19:13:55 GMT (
Gold prices rose today, benefiting from uncertainty and caution for the Federal Reserve decision and the US dollar's tilt lower.   The US Federal Reserve will unveil today on the interest ...

Dollar falters amid cautious mood, Fed decision in focus

2019-12-11 19:09:31 GMT (
The US dollar was flat against most major currencies today, amid caution for the Federal Reserve rate decision and the Fed Chief Jerome Powell's press conference.   The US Federal Reserve will ...

Oil deepens losses after unexpected US inventories build

2019-12-11 17:54:18 GMT (
Oil prices fell today, to deepen losses after the release of the official EIA data, which showed a surprise build in crude inventories.   The US Energy Information Administration (EIA) ...

Canadian dollar rises, shrugs off oil losses

2019-12-11 17:44:56 GMT (
Loonie rose against the US dollar today, shrugging off oil losses, amid anticipation for the Federal Reserve rate decision and developments in the US-China trade talks.   The US Federal ...

US crude inventories rose more than expected - EIA

2019-12-11 15:49:38 GMT (
The US Energy Information Administration (EIA) showed today that the US crude inventories rose by 800K barrels to reach a total of 447.9 million barrels during last week, beating forecasts of a rise ...

US stocks rise as focus turns to Fed's decision

2019-12-11 15:06:06 GMT (
US stocks opened on Wednesday higher, as markets' focus shifted to the upcoming Federal Reserve's monetary policy decision.   White House chief economic adviser, Larry Kudlow, said that the ...

Palladium targets $1,900 mark after South Africa outages

2019-12-11 14:37:53 GMT (
Palladium prices rose during trading hours today, near the $1,900 per ounce threshold, amid concerns over production disruptions in South Africa as the country is facing a power outage ...

US consumer prices rise more than expected

2019-12-11 13:36:00 GMT (
At 13:30 GMT, the US economy released it reading for the CPI for November, which rose by 0.3%, higher than forecasts of 0.2%, but lower than the previous reading of 0.4%.    The core CPI ...

US crude falls ahead of EIA weekly report

2019-12-11 13:19:10 GMT (
US benchmark crude (WTI) prices fell on Wednesday, to head for the second daily loss in 3 days, after a surprise build in US crude inventories according to preliminary data by the API, while ...
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