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Market

A customer counts his U.S. dollar money in a bank in Cairo

Dollar wallows near four-week lows as Yellen sounds cautious note

07/06/2016(0)
The dollar edged up but still wallowed close to four-week lows against a basket of currencies on Tuesday, after Federal Reserve Chair Janet Yellen’s remarks failed to toss a ... Read More
A man riding on a bicycle looks at an electronic board showing the stock market indices of various countries outside a brokerage in Tokyo

Asia currencies jump after weak US jobs report dents Fed interest rate hike hopes

07/06/2016(0)
Asia currencies got a bump up Monday after the dollar took a hit from a weaker-than-expected U.S. jobs report, but it isn’t clear if the move is sustainable. U.S. ... Read More
oil-price-L-reuters

Saudi Arabia Cuts Oil Prices in Europe as Iran Ramps Up Exports

06/06/2016(0)
Saudi Arabia on Sunday cut its oil prices to Europe, signaling mounting competition after OPEC failed to cap its output amid Iran’s exports ramp up. In an email sent ... Read More
kulikov-business-arrest

The owner of one the most largest real estate firms in Russia has been arrested

06/06/2016(0)
Latvian law enforcement agencies have arrested the owner of the Miel real estate agency at the request of Russian prosecutors, the Vedomosti newspaper reported Friday. Grigory Kulikov, owner of ... Read More
Man looks at a stock quotation board outside a brokerage in Tokyo

Asian shares rise, dollar nurses losses after jobs shock

06/06/2016(0)
Asian shares rose on Monday and the dollar dragged itself off its lowest levels in nearly a month after U.S. nonfarm payrolls showed the slowest job growth in more ... Read More
british-pound-sterling-GBP-21-1

Pound Tumbles, Volatility Jumps After Polls Show Brexit Momentum

06/06/2016(0)
ITV poll shows Brexit ahead 45% to 41%; TNS has 43% to 41% One-month volatility at seven-year high before June 23 vote The pound slumped to a three-week low ... Read More
gold-stones

Gold – a reasonable correction?

03/06/2016(0)
Gold weakened during May by about $100, from a high point of $1300 to a low of $1200. This, for technical analysts, is entirely within the normal correction zone ... Read More
yellen - Fed

Fed likely to avoid rate hike before Britain votes on leaving EU

03/06/2016(0)
The U.S. Federal Reserve may be forced to delay a rate hike at its June meeting because of mounting concern over the economic fallout from Britain’s vote on whether ... Read More
european-stocks

European stocks seen higher, focus switches to US jobs

03/06/2016(0)
European stocks opened higher on Friday as investors turned their attention to a key U.S. jobs report that could hold the key to a Federal Reserve interest rate hike ... Read More
A man walks through the lobby of the London Stock Exchange in London

U.K. Stocks Show Calm Before Brexit Storm as Pound Traders Fret

03/06/2016(0)
FTSE 100 volatility index at lowest vs currency counterpart U.K. shares’ dividend yield greater than global equity index Less than three weeks before Britain votes on its membership in ... Read More
Broker Cyprus TopFX