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The minutes for the last US Fed meeting in July 30-31 showed that a majority of the Federal Reserve's members agreed to cut rates but avoided speaking about further cuts.   Rather, the members ...

Sterling falls on renewed no-deal Brexit concerns

2019-08-21 19:31:45 GMT (
British pound fell against dollar today amid growing market's prospects for the UK to leave the EU without a deal.   The French government said that the EU has already prepared itself for ...

Gold closes flat after US Fed minutes

2019-08-21 19:19:14 GMT (
Gold steadied today to close the same as yesterday's session, as dollar stabilized while markets absorb the US Federal Reserve meeting minutes.   During the Fed last meeting some members saw ...

Dollar holds ahead of Fed minutes

2019-08-21 17:29:29 GMT (
US dollar stabilized against a basket of currencies today ahead of the release of the Federal Reserve meeting minutes.   Trump said "he is doing great with China and other trade deals," while ...

WTI drops earlier gains after US inventories data

2019-08-21 16:54:03 GMT (
Oil prices showed mixed performance today, trimming gains after the release of the US inventories data, which fell less than expected, and lower than the American Petroleum Institute's (API) ...

Canadian dollar rises on strong data

2019-08-21 16:09:31 GMT (
Canadian dollar rose today after the release of positive inflation data amid high hopes in the markets about the US-China trade talks.   Canadian economy released the CPI reading, which rose ...

US oil inventories fall less than expected - EIA

2019-08-21 15:25:20 GMT (
The US Energy Information Administration (EIA) revealed that the US oil inventories declined by 2.7 million barrels during last week to 437.8 million barrels, while analysts expected a decline of 3.1 ...

Dow Jones rises 1% on Trump's remarks

2019-08-21 15:21:18 GMT (
US stocks rose today, amid market's hopes about the trade talks  between the United States and China after President Trump's remarks.   Trump said "he is doing great with China and other ...

Palladium falls despite forecasts of increased demand

2019-08-21 14:36:14 GMT (
Analysts' forecasts for palladium point to high demand from automakers, which is due to government's efforts to combat climate change and greenhouse gas emissions.   Whilst, palladium prices ...

Oil rises to 1-week high ahead of EIA weekly report

2019-08-21 13:21:34 GMT (
Oil extended gains in the US market today, for the fourth straight day, to the highest level in a week, after preliminary data showed unexpected drop in US oil inventories, ahead of the official data ...

Dollar resumes gains ahead of Fed meeting minutes

2019-08-21 12:42:23 GMT (
US dollar rose against a basket of global currencies today, after its gains were temporarily halted yesterday on profit taking from a 3-week high, amid high hopes in financial markets which led to ...

Silver falls on weak demand ahead of Fed meeting minutes

2019-08-21 12:12:57 GMT (
Silver prices fell today in the European market to resume losses, which were temporarily halted yesterday amid a respite, on weak heaven demand and ahead of the release of the US Fed's meeting ...

European stocks open higher on automotive gains

2019-08-21 11:49:27 GMT (
European stocks opened higher today to resume gains which were temporarily halted yesterday amid a respite, to edge up again due to strong gains in the auto automotive, amid news about the merger ...

Gold resumes losses with Fed meeting minutes in focus

2019-08-21 11:11:47 GMT (
Gold fell as the European market opened today, to resume its downtrend which was temporarily halted yesterday, and heads for surrendering the $1,50 barrier, due to lower haven demand and ahead ...

Oil jumps to one-week high on US inventories drop

2019-08-21 09:57:01 GMT (
Oil prices rose today for the fourth straight day, to the highest level in a week, after am unexpected drop in US oil inventories, in addition to Saudi Arabia's exports falling in June.   As ...
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