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News

Oil falls after constructive talks on Iran's nuclear deal

On Monday oil prices fell as investors fretted over the outlook for global economic growth, while weekend talks between Iran and major powers ended...

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Gold prices rise; all eyes on U. S. Q2 GDP data and Fed meeting

Gold was under some pressure earlier in the day after data showed new orders for durable goods in the U. S. rose by more than double the forecasts for June...

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Oil prices rise on weekly U.S. crude stockpile data

On Thursday oil prices rose in Asia on a weekly U.S. crude stockpile draw that came in almost three times the level previously expected...

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Brexit update: Boris Johnson is the new the U.K.’s prime minister and Tory leader

Boris Johnson was elected Conservative leader and will be appointed U.K. prime minister on Wednesday. His pledge to pull the country...

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Hopes of ECB and Fed rate cuts boost global stocks

Expectations that the European Central Bank and Federal Reserve will cut interest rates boosted stocks globally

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Oil rises on Middle East Gulf tensions; Libya field resumes output

On Monday oil prices rose on concerns that Iran’s seizure of a British tanker last week may lead to supply disruptions in the Middle East Gulf...

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Dollar under pressure after Fed fuels bets on large rate cut

On Friday the dollar was on the defensive after Federal Reserve officials bolstered expectations of an aggressive rate cut this month to address...

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Bank of America trims net interest income guidance

On Wednesday Bank of America Corp (BAC.N) lowered its annual net interest income guidance to reflect a weakened interest rate environment as...

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