Oil near its highest level in 6 weeks
Oil prices rose on Friday, hovering near a six-week high as US oil producers in the Gulf of Mexico
The dollar fell for the third day and GBP is rising
12 Jul 2019 10:56 AM |The dollar fell for a third consecutive session on Friday as stronger than expected US inflation data failed to shake convictions that the Fed would begin cutting interest rates
European stocks are stable amid global economy growth forecast
12 Jul 2019 10:31 AM |European stocks settled in early trade on Friday as investors looked at Chinese trade data released at the time of opening the market
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European stocks rise and end a four day losing streak
11 Jul 2019 11:19 AM |European stocks rose on Thursday, ending a four day losing streak as Federal Reserve chairman Jerome Powell
GBP rises from 6 months low
11 Jul 2019 11:09 AM |GBP rose from a six month low to 1.2529. But the British currency remains low throughout the week in light of the bleak UK economic landscape
Goldman Sachs sees only a 15% the probability of a 50bp FOMC July cut
11 Jul 2019 08:55 AM |Goldman Sachs believes there is only a 15% chance that the US Federal Reserve will cut rates by 50 basis points at the July meeting.
European stocks fell ahead of Fed Chairman's testimony
10 Jul 2019 10:46 AM |European shares fell in early trade on Wednesday ahead of testimony by Fed Chairman Jerome Powell over two days that investors will follow closely for signs of a rate cut later this month.
US crude inventories fall more than expected last week
10 Jul 2019 08:42 AM |US petroleum inventories fell more than expected last week, while gasoline inventories fell and distillate inventories rose, US Petroleum Institute data showed.
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