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BoE’s Bailey sees muted inflation effects, ahead of BoE's meeting
The Bank of England (BoE) Governor Andrew Bailey said that he doesn’t see significant second-round i...
A Hawkish Fed Speech Turns a Green Morning Red
Why did a green morning turn red? Warsh told Wall Street the Fed still has inflation work to do, and...
Fed’s Goolsbee says inflation Is the main issue right now
The Chicago Fed President Austan Goolsbee commented on a CNBC interview at the Jackson Hole Symposiu...
Euro trims losses against the British Pound following hot German inflation data
The Euro (EUR) has picked up from session lows against the British Pound (GBP) on Wednesday as hot German inflation figures have partially offset a mild risk-off sentiment, amid flaring tensions in th ...
Euro: Upside capped by key resistance against US Dollar – UOB
UOB’s Quek Ser Leang and Lee Sue Ann report EUR/USD holding near 1.1540 after a quiet session, with momentum indicators mostly flat. Intraday, they expect consolidation between 1.1530 and 1.1560, but ...
Air Canada (ACDVF) beats Q2 earnings and revenue estimates
Air Canada (ACDVF) came out with quarterly earnings of $0.29 per share, beating the Zacks Consensus Estimate of $0.11 per share. This compares to earnings of $0.43 per share a year ago. These figures ...
What awaits Sterling this week
In this article, I will try to present a comprehensive picture of the British Pound Sterling – specifically, GPBUSD, benchmark FX pair.
Zcash Price Forecast: ZEC below $500 puts bulls under pressure, 100-day EMA in focus
Zcash (ZEC) price trades below $500 at press time on Wednesday, holding steady after two consecutive days of losses. Retail demand for the privacy coin is mixed as the broader market awaits the releas ...
Germany Consumer Price Index (YoY) in line with expectations (2.8%) in July
Germany Consumer Price Index (MoM) meets forecasts (0.8%) in July
Germany Harmonized Index of Consumer Prices (YoY) meets expectations (2.8%) in July
Germany Harmonized Index of Consumer Prices (MoM) meets expectations (0.9%) in July
Markets quiet, awaiting US July CPI tonight for direction
Asia market update: Markets quiet, awaiting US July CPI tonight for direction; US/Asian Tech earnings continue [Tencent and Hon Hai due]; US capital gains tax cut talk also in focus.
Euro trades with caution against US Dollar in countdown to US CPI data
The Euro (EUR) trades marginally lower at around 1.1534 against the US Dollar (USD) at the start of the European trading session on Wednesday.
Copper, Gold, Platinum and Oil: What is driving the commodity markets right now?
Commodity markets have been unusually active over the past week, but the reasons behind the moves differ considerably from one market to another.