Greece uncertainty clouds euro-zone recovery
Apr 08, 2015 17:01 pm UTC| Commentary
Recent indicators have brought signs of a renewed recovery in the euro-zone economy, reflecting the beneficial effects of lower oil prices and the decline in the euro exchange rate.But the picture continues to be clouded...
US crude oil stocks jump by the highest weekly amount in over a decade
Apr 08, 2015 16:17 pm UTC| Commentary
EIAs weekly US Petroleum Report, released earlier today, shows that stocks of oil surged last week. The amount of crude oil in commercial storage tanks jumped by about 10.9 million barrels to 482.2. This was the largest...
Stubborn UK inflation should temper deflation concerns
Apr 08, 2015 16:07 pm UTC| Commentary
The fall in UK inflation to zero shouldnt mask the fact that its 7-year average since the start of the crisis has been 2.6%Stubborn inflation in the face of a Great Recession should temper deflation concerns and there are...
Apr 08, 2015 15:54 pm UTC| Commentary
Western Union:Three weeks later and the mere mention of the last Fed meeting still makes dollar bulls a bit anxious. The dollar pared some of its weekly advance in case todays 2 p.m. ET Fed minutes play up recent concerns...
Apr 08, 2015 15:53 pm UTC| Commentary
Western Union:USD/CAD tipped below C$1.24 in overnight trade, its weakest level since late February. This is a great level to share with Canadian importers who have been saddled with higher costs due to broad based U.S....
Apr 08, 2015 15:52 pm UTC| Commentary
Western Union:Greenback weakness helped the Swiss franc outperform but weaker inflation figures from Switzerland today suggest the central bank may soon need to return to a weak franc policy.Consumer prices in Switzerland...
Apr 08, 2015 15:51 pm UTC| Commentary
Western Union:The euro pared its decline on the week against the greenback on caution ahead of todays Fed minutes that might offer guidance on the outlook for U.S. interest rates.Recent reports from the euro zone have...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects