US inflation data weaken the US dollar

According to reported data, price growth in the US continues to accelerate; goods and services have risen by 5.4% and the inflation rate in the United States (US) rose to 5.4% in...

Flush with pandemic profit success, South Korean travel firm Yanolja eyes rapid expansion

By Joyce Lee SEOUL (Reuters) -SoftBank's Vision Fund has invested $1.7 billion in Yanolja, the South Korean travel and leisure firm said on Thursday, as it seeks to build on rapid pandemic-induced growth in Southeast...

S&P 500 ends higher after Powell lulls market

By Noel Randewich and Devik Jain (Reuters) - The S&P 500 ended with a gain after briefly hitting an intra-day record in a choppy session on Wednesday, as investors balanced worries about inflation with reassuring comments from...

Dollar declines as Fed’s Powell maintains dovish message

By John McCrank and Sujata Rao NEW YORK (Reuters) -The dollar pared recent gains on Wednesday after Federal Reserve Chair Jerome Powell told Congress the U.S. economy was "still a ways off" from levels the...

3 Top-Quality Dividend Stocks To Help Beat Surging Inflation

The specter of escalating inflation is rearing its ugly head, and that's not good news for investors. Consumer prices in June surged by the most since 2008, further strengthening a case for the Federal Reserve to...

Cryptocurrencies trade volumes decrease

According to the CryptoCompare indicator trading volumes on the largest digital currency exchanges, such as Coinbase, Kraken, Binance and Bitstamp, decreased in June 2021 by more than 40% compared to the previous month....

Turkey’s Central Bank Holds Key Rate at 19%, USD/TRY Largely Shrugs Off Decision

Turkey’s Central Bank leaves its benchmark rate unchanged at 19%, in line with market expectations The monetay policy statement retains a slightly hawkish bias, but investors seem unconvinced USD/TRY tickes lower modestly following CBRT’s...

EUR/GBP Price Forecast – Range Support Broken, Fresh Multi-Month Lows Now on The Cards

EURO AND BRITISH POUND (EUR/GBP) PRICE, NEWS, AND ANALYSIS: EUR/GBP slips further after better-than-forecast UK inflation data The Euro remains under pressure post-ECB Review. RECOMMENDED BY NICK CAWLEY Get Your Free GBP Forecast Get My Guide Sterling opened the session on...

3 Sectors Set To Report Explosive Growth As Q2 Earnings Season Ramps Up

Wall Street's second quarter earnings season kicked off this week, with banking giants JPMorgan Chase (NYSE:JPM) and Goldman Sachs (NYSE:GS) having reported yesterday; lenders Bank of America (NYSE:BAC), Wells Fargo (NYSE:WFC), and Citigroup (NYSE:C) all reporting on Wednesday, followed by Morgan Stanley (NYSE:MS)...

Rouhani says Iran can enrich uranium to 90% purity if needed – Mehr

By Parisa Hafezi DUBAI (Reuters) -Iran said on Wednesday it could enrich uranium up to 90% purity -- weapons grade -- if its nuclear reactors needed it, but added it still sought the revival of...

Explainer-How will China’s new national carbon emissions trading scheme (ETS) work?

BEIJING (Reuters) -China expects trading to commence on its long awaited national carbon emissions trading scheme (ETS) this month, and sources aware of the plans expect a launch ceremony to be held on Friday. China...

Joby, JetBlue team up to create credits for clean flight technology

(Reuters) - Electric air taxi startup Joby Aviation, JetBlue Airways (NASDAQ:JBLU) Corp and Signature Flight Support are teaming up to develop aviation carbon credits for using electric and hydrogen propulsion technologies, the companies said...

Musk defends timing of Tesla’s $2.6 billion deal for SolarCity

By Tom Hals and Sierra Jackson WILMINGTON, Del. (Reuters) -Elon Musk told a judge on Tuesday Tesla (NASDAQ:TSLA) Inc had to buy SolarCity in 2016 because the failing solar panel company was essential to the...

Dollar rises as U.S. data shows inflation running hot

By Saqib Iqbal Ahmed and Marc Jones NEW YORK (Reuters) -The U.S. dollar climbed to a 5-day high against a basket of currencies on Tuesday after data showed U.S. inflation data for June coming in...

ECB raises its inflation target for the eurozone

The European Central Bank (ECB) announced on Thursday, 8 July 2021, that it had adopted a major change regarding inflation for the eurozone countries, setting a medium-term inflation target to 2% year-on-year....

BlackRock CEO calls for stronger climate finance plan at G20 meet

By Simon Jessop and Gavin Jones VENICE (Reuters) - BlackRock (NYSE:BLK) Chief Executive Larry Fink on Sunday called for governments to develop a stronger long-term climate finance plan to unlock the private capital needed to...

U.S. administers nearly 334.2 million doses of COVID-19 vaccines: CDC

(Reuters) - The United States had administered 334,151,648 doses of COVID-19 vaccines in the country as of Saturday morning and distributed 387,006,120 doses, the U.S. Centers for Disease Control and Prevention (CDC) said on...

1 Stock To Buy, 1 To Dump When Markets Open: Morgan Stanley, Citigroup

Despite worries that the U.S. economic recovery might be losing steam, stocks on Wall Street rose on Friday, with the Dow Jones Industrial Average, S&P 500, and NASDAQ Composite all rallying to record closing highs. S&P 500 Daily Chart The...

Don’t rely on markets to see inflation threat, says Summers

By Gavin Jones VENICE (Reuters) - Former U.S. Treasury Secretary Lawrence Summers said technical factors were probably at play in the recent surge in bond markets and warned that markets may be underestimating the risk...

U.S. Treasury’s Yellen to push development banks to step up climate financing effort

By David Lawder VENICE (Reuters) -U.S. Treasury Secretary Janet Yellen on Sunday signaled she will push multilateral development banks further away from fossil fuel projects, saying she would ask them to "increase their climate ambition"...

The ETF Portfolio Strategist: U.S. REITs Top Market Returns

This year’s rally in US real estate investment trusts (REITs) was looking tired recently, but it turned out to be a pause that refreshes. G.B 16 ETFs Ranked By 1-Week Returns Vanguard Real Estate Index Fund...

Gold Forecast: Depressed Real Yields and Delta Variant Worries May Boost Bullion Prices

GOLD PRICE WEEKLY FORECAST: SLIGHTLY BULLISH Gold prices may have some room to run higher in the near term Depressed real rates, concerns about the delta coronavirus variant and the slowdown in China may be...

Euro strengthened after the Fed’s minutes publication

Minutes from the last Federal Open Market Committee (FOMC) meeting, published during the European Wednesday evening of 7 July 2021, raised investors' concerns on the foreign exchange - Forex market regarding the...

Wall Street ends lower as recovery momentum concerns spark sell-off

By Stephen Culp NEW YORK (Reuters) - Wall Street lost ground on Thursday, with the S&P 500 and the Nasdaq pulling back from record closing highs in a broad sell-off driven by uncertainties surrounding the...

Pfizer to ask FDA to authorize booster dose of COVID vaccine as Delta variant...

By Michael Erman and Julie Steenhuysen NEW YORK (Reuters) -Pfizer and partner BioNTech plan to ask U.S. and European regulators within weeks to authorize a booster dose of its COVID-19 vaccine, based on evidence of...

Dollar Wins Over Doubters as Tightening Countdown Begins

By Yasin Ebrahim Investing.com – The dollar is winning over some of its detractors who have been pushed off the bearish bandwagon after the Federal Reserve's hawkish tilt started the countdown on policy tightening much...

Dollar falls from three-month high as traders unwind risk

By John McCrank NEW YORK (Reuters) - The dollar fell on Thursday from a three-month high against a basket of peers, with the euro getting a boost as investors unwound bets on risky currencies and...

Opening Bell: Stocks, Futures Tumble As Delta Variant Obscures Fed; Gold Rises

Key Events US futures on the Dow, S&P, NASDAQ and Russell 2000 were falling on Thursday, along with global stocks, the result of increasing concerns about the spread of the Delta variant of COVID-19. Treasuries are plummeting due as worries about...

ECB Strategy Review: ECB Sets Symmetrical Inflation Target

ECB Strategy Review Recap Inflation The ECB will adopt asymmetrical 2% inflation target over the medium term. The central bank adds that they may also allow for a transitory period of inflation to overshoot their target. This differs from the prior forward...

US dollar reaches another high

The exchange value of the US domestic currency and the main global commodity currency - the US dollar (USD) - reached its 15-month maximum against the Japanese yen (JPY). During the American...

US Dollar Price Action Set Up for NFP: Two Way Risks for USD

Pre-NFP USD Buying Increases Two Way Risks Heading into today’s NFP release, pre-positioning has centred around USD buying across the board, with the greenback now above the post-June FOMC highs. That being said, in light of the FOMC’s recent...

EUR/GBP Price Setup: Bearish Signals Remain Despite Bailey's Dovish Remarks

KEY TALKING POINTS: ECB acknowledges improving conditions Andrew Bailey continues to assure inflation will be transitory EUR/GBP trades back in range with risks tilted to the downside RECOMMENDED BY DANIELA SABIN HATHORN Trading Forex News: The Strategy Get...

Oil Retains Gains, Hovers Around $75 After OPEC+ Delays Output Deal

By Gina Lee Investing.com – Oil was up Friday morning in Asia, retaining its gains from the previous session after a disagreement within the Organization of the Petroleum Exporting Countries and allies (OPEC+) delayed a decision on...

Gold Up, but Avoids Big Moves Ahead of U.S. Employment Data

By Gina Lee Investing.com – Gold was up on Friday morning in Asia, but investors avoided big bets ahead of the release of critical U.S. employment data that could sway the U.S. Federal Reserve’s recent...

Raytheon gets $2 billion U.S. Air Force contract for nuclear cruise missile

(Reuters) -Raytheon Technologies Corp has been awarded an about $2 billion contract by the U.S. Air Force to develop and make a nuclear-armed cruise missile, the U.S. aerospace maker said on Thursday. The long-range standoff...

Caixabank to cut 6,450 jobs in Spain’s biggest banking staff overhaul

By Jesús Aguado MADRID (Reuters) -Caixabank has agreed with unions to lay off 6,452 employees in what will be the biggest ever staff overhaul in Spanish banking, even after the lender shaved 1,800 cuts from...

The exchange value of cryptocurrencies strengthens

The current situation on the cryptocurrencies market during the European Tuesday trading morning of 29 June 2021 indicates the bullish trend. For example, the digital currency Litecoin (LTC) strengthened its exchange rate...

Nigerian parliament set to vote on petroleum overhaul bill

By Libby George and Camillus Eboh LAGOS/ABUJA (Reuters) -A long-awaited bill to overhaul nearly every aspect of oil and gas production in Nigeria has been presented in both chambers of parliament, which could vote on...

Bitcoin (BTC), Ethereum (ETH) Remain Choppy, Hedge Funds Embrace Cryptocurrencies

Some high profile hedge funds are entering the cryptocurrency market, according to various media outlets including Bloomberg and TheStreet.com, adding further respectability to the space. According to reports, Soros Fund Management has now started...

Oil prices rise ahead of OPEC+ decision on supply cuts

By Bozorgmehr Sharafedin LONDON (Reuters) -Oil rose almost $2 on Thursday, supported by the prospect of strengthening demand, lower U.S. stocks and a Reuters report that OPEC+ producers could increase output in the coming months. Brent...

Investors more interested in gold due to rising inflation

The current development of the global economy, especially in North America and Europe regarding the growth of the year-on-year inflation rate, has turned investors' attention towards investment gold. After its previous decline...

Chile raises COVID-19 spending, urges citizen caution with Delta variant circulating

By Aislinn Laing SANTIAGO (Reuters) - Chile's President Sebastian Pinera on Monday announced a $2 billion boost to health spending to address the coronavirus pandemic, which continues to menace the country despite one of the...

Facebook hits $1 trillion value after judge rejects antitrust complaints

By Diane Bartz and Elizabeth Culliford WASHINGTON (Reuters) -A U.S. judge on Monday dismissed federal and state antitrust complaints against Facebook Inc (NASDAQ:FB) that sought to force the social media company to sell Instagram and WhatsApp, saying...

Bets Against Dollar May Prove Pain Trade as Fed’s Dovish Days Nearing End

By Yasin Ebrahim Investing.com – The dollar stuttered Monday following a slip last week but those betting on the revival of a bearish trend in the greenback need to think again as the Federal Reserve's...

Dollar flat to slightly up as investors cautious ahead of U.S. payrolls

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The U.S. dollar drifted higher on Monday in generally thin trading, with many investors on the sidelines ahead of Friday's U.S. nonfarm payrolls report, which could determine the path...

Future oil prices estimates above US$ 100 per barrel

According to the world's leading analysts, a faster pace of oil growth on the world commodity market can be expected, mainly due to the ever-increasing demand for oil. Already there is an...

BlackBerry first-quarter revenue beats expectations

(Reuters) -Canadian security software supplier Blackberry (TSX:BB) Ltd beat Wall Street estimates for quarterly revenue on Thursday, lifted by a rebound in demand for its QNX operating software and cybersecurity products. U.S.-listed shares of the...

2 Retail Stocks I’ll Hold Forever

The retail industry is among the fastest recovering industries from the pandemic-driven recession, boosted by the continuing adoption of digital platforms and increasing foot traffic in physical stores this year. We believe the industry’s...

Dollar holds below two-month highs as Fed policy in focus, sterling slips

By Karen Brettell NEW YORK (Reuters) - The dollar was steady on Thursday as investors evaluated the likelihood that the U.S. Federal Reserve will be more aggressive in stamping out high inflation if it persists,...

FTSE 100 Outlook: Trendline Support Becomes Resistance as Momentum Shifts

The FTSE 100 is struggling to regain its footing above 7,000 after last week’s pullback. A more hawkish Federal Reserve was the main reason for the equity selloff seen on Friday, which saw the...

Bank of England Preview: How Will the Pound (GBP) React?

GBP/USD Price Analysis & News Expectations Rising for a More Hawkish BoE Main Policy Tools Seen Unchanged Overview: The Bank of England is expected to maintain policy settings with the bank rate left at 0.1% and...

Dollar Edges Higher; Fed Officials Offer Mixed Signals

By Peter Nurse Investing.com - The dollar edged marginally higher in early European trade Thursday, as traders digested diverse opinions from Federal Reserve policy makers over the likely timing of the withdrawal of monetary stimulus. At...

The ETF Portfolio Strategist: What’s Up With Treasuries Lately?

The Treasury market continues to price in rising expectations that the recent inflation surge is temporary. No one knows if this implied forecast will prove correct, but for the moment the moderate slide in 10- and 30-year Treasury yields...

Oil Up, Investors Digest Fifth Week of U.S. Crude Stockpile Draws

By Gina Lee Investing.com – Oil was up Thursday morning in Asia, with continuously shrinking U.S. crude and fuel supplies contributing to the brightening fuel demand outlook. Brent oil futures inched up 0.05% to $75.23 by 1:17 AM ET...

Gold Down, Investors Await U.S. Economic Data to Get Better Inflation Picture

By Gina Lee Investing.com – Gold was down on Thursday morning in Asia as investors await U.S. economic data to gauge inflationary pressures further. A strengthening dollar also put a dent in the yellow metal’s appeal. Gold futures were...

Reuters Events: Allstate seeks more agents, but not as ‘human modems’

By Alwyn Scott NEW YORK (Reuters) -Allstate Corp wants to buy more independent insurance agencies this year to build the business it acquired with its purchase of National General, Allstate (NYSE:ALL) Chief Executive Tom Wilson...

U.S. stocks end mixed with Nasdaq at record close, dollar gains

By Chris Prentice and Elizabeth Howcroft WASHINGTON/LONDON (Reuters) -Wall Street shares were mixed on Wednesday, with the Nasdaq closing at a record high, while other major U.S. indexes ended lower alongside European stocks as traders...

Pound Climbs Ahead of BoE, but Policy Fireworks Unlikely: Experts

By Yasin Ebrahim Investing.com – The pound climbed against the dollar Wednesday, ahead of the Bank of England's monetary policy decision due Thursday, but investors aren't betting on any hawkish surprise. GBP/USD rose 0.14% to $1.3967. The U.K. economy continues...

Dollar slips after Fed’s Powell downplays inflation fears

By Karen Brettell NEW YORK (Reuters) - The dollar ended higher on Wednesday as two Federal Reserve officials said that a period of high inflation in the United States could last longer than anticipated, a...

Opening Bell: Market Rally Struggles Despite Fed Assurance; Bitcoin Stabilizes

US Treasuries on the cusp of reversal if investors believe Fed comments Dollar, gold wait on yields’ trajectory Oil rallies Key Events US futures on the Dow, S&P, NASDAQ and Russell 2000 are almost flat and European stocks were little changed...

Agreement in principle reached over Suez Canal ship, says Stann Marine

ISMAILIA (Reuters) -The owners and insurers of a giant cargo ship that blocked the Suez Canal in March have reached agreement in principle in a compensation dispute with the canal authority, their representative and...

Australian Dollar Price Outlook: AUD/USD Attempts Recovery Above 0.7555

KEY TALKING POINTS: AUD/USD bounces back from FOMC selloff Powell returns to bearish rhetoric after markets react to hawkish FOMC RECOMMENDED BY DANIELA SABIN HATHORN How to Trade AUD/USD Get My Guide AUD/USD has recovered nicely from the selloff in risk-on currencies...

Gold Price Outlook – Tepid Recovery Off Important Support Remains Under Pressure

GOLD (XAU/USD) ANALYSIS, PRICE, AND CHART Fibonacci support may be tested again. Traders cover net-shorts over the week as the market crumbles. RECOMMENDED BY NICK CAWLEY Get Your Free Gold Forecast Get My Guide The medium-term bullish uptrend...

3 Hot Stocks Set To Shine As The Summer Vacation Season Kicks Off

Summer vacation 2020 was hardly anything but bleak, with COVID-19 causing many to cancel their vacation plans, and stocks in the entertainment, booking, airlines, cruises, and hotel sectors taking significant hits. Now, fast-forward to Summer 2021....

3 Hot Stocks Set To Shine As The Summer Vacation Season Kicks Off

Summer vacation 2020 was hardly anything but bleak, with COVID-19 causing many to cancel their vacation plans, and stocks in the entertainment, booking, airlines, cruises, and hotel sectors taking significant hits. Now, fast-forward to Summer 2021....

Fed will raise rates in 2023

The traditional two-day meeting of the Central Bank of the United States - Federal Reserve System (Fed), which took place from Tuesday 15 June to Wednesday 16 June 2021 in Washington, DC,...

Bitcoin strengthens its exchange value

The most widespread virtual currency - bitcoin (BTC) - which has the highest capitalization on the cryptocurrency market, strengthened its exchange value after its previous sharp decline.  It is currently trading on...

ECB meeting provides clearer outlook

The meeting of the Governing Council of the European Central Bank (ECB) took place on Thursday 10 June 2021 and provided a clearer outlook for the future development of the economy, especially...

Oil rises to fresh multi-year highs on demand recovery

By Dmitry Zhdannikov LONDON (Reuters) -Oil prices rose on Friday to fresh multi-year highs and were set for their third weekly jump on expectations of a recovery in fuel demand in the United States, Europe...

OPEC+ will need to boost output to meet 2022 demand recovery -IEA

By Noah Browning LONDON (Reuters) - The world will need a lot more oil from OPEC+ as global demand is on track to return to pre-pandemic levels at the end of next year, the International...

Muted Reaction to US CPI Puts Further Bearish Pressure on USD/CNH

US INFLATION Yesterday’s US inflation data was definitely something to digest. Whilst the figures themselves are slightly worrying, the market reaction to the data is probably the most shocking part. Headline inflation has jumped 5%...

Natural Gas Forecast: EIA Storage Report in Focus After Bullish Export Outlook

Natural gas prices are extending a move higher from earlier this week when the US Energy Information Administration’s (EIA) monthly Short-Term Energy Outlook bolstered its price forecast for the heating gas. Per the report,...

S&P 500 closes at record high as long-term inflation fears abate

By Stephen Culp (Reuters) - Wall Street stocks ended higher on Thursday, with the S&P 500 closing above its prior record high set on May 7, as economic data appeared to support the Federal Reserve's assertion that...

US dollar slows down

At the end of Monday's trading day on 7 June 2021 the domestic currency of the USA and, above all, the main commodity currency - the US dollar (USD) - was subdued,...

Wall Street reverses, closing lower ahead of inflation report

By Stephen Culp NEW YORK (Reuters) - Wall Street ended a see-saw session lower on Wednesday as market participants awaited inflation data for clues as to when the U.S. Federal Reserve might tighten its dovish...

U.S. to donate 500 million Pfizer vaccine doses globally -sources

By Trevor Hunnicutt and Carl O'Donnell WASHINGTON (Reuters) -The Biden administration plans to donate 500 million Pfizer (NYSE:PFE) coronavirus vaccine doses to nearly 100 countries over the next two years, three sources familiar with the matter told...

Dollar edges lower ahead of inflation print, ECB meeting

By Caroline Valetkevitch NEW YORK (Reuters) - The dollar was little changed and off session lows on Wednesday as investors focused on a European Central Bank meeting and the upcoming U.S. consumer price index report...

Opening Bell: U.S. Futures, Stocks Pause; Treasuries, Dollar Slide

Global stocks hover around record highs Yields and dollar weaker Bitcoin rallies Key Events Falling yields dragged the dollar lower ahead of tomorrow's US inflation report, a possible leading indicator on the path of interest rates. Futures...

Before summit, EU urges U.S. to “walk the talk” on trade disputes

BRUSSELS (Reuters) - The European Union hopes next week's summit with the United States will help bring a rapid end to trade disputes and foster a transatlantic alliance to address global trade challenges, EU...

British Pound (GBP) Price Outlook: GBP/USD Up Modestly as Haldane Hints at Tapering

GBP/USD OUTLOOK IMPROVES ON HALDANE COMMENTS The outlook for GBP/USD has improved modestly after Bank of England Chief Economist Andy Haldane suggested Wednesday that the central bank might be closer to tapering its monetary stimulus program than...

Oil prices climb on signs of strong fuel demand recovery

By Laura Sanicola NEW YORK (Reuters) -Oil prices were steady on Wednesday after U.S. inventory data showed a surge in gasoline inventories due to weak fuel demand following U.S. Memorial Day weekend, traditionally the beginning...

Gold Prices Eye $1900 as Chinese PPI Beat Signals Building Price Pressures

GOLD PRICE OUTLOOK: Gold prices rebounded slightly as yields fell, Chinese PPI surged to 13-year high US inflation data will be closely eyed by bullion traders for clues about price growth and Fed tapering stimulus ...

Dollar Edges Higher; Volatility Limited Ahead of Inflation Data

By Peter Nurse Investing.com -- The dollar clung to marginal gains in early European trade Wednesday, but volatility was limited with traders awaiting upcoming U.S. inflation data and an ECB meeting for clues about future...

Stocks touch new highs as volatility eases, dollar gains

(Corrects spelling of alternative trading venue to "Liquidnet" instead of "Liquident" in 11th paragraph of June 8 story) A global equity benchmark and two key European stock indexes touched new highs on Tuesday, while the...

Ohio sues to have Google declared a public utility

WASHINGTON (Reuters) - Ohio asked a court on Tuesday to declare Alphabet (NASDAQ:GOOGL)'s Google a public utility, a step the state's Republican attorney general said would forbid the search and advertising giant from giving...

Cannabis Sector Mergers Gaining Momentum Again

Buzz about mergers and acquisitions in the cannabis sector is starting to catch investor attention again. The development is being viewed as a bit of a turnaround for the industry, which has seen a major...

FX volatility falls to pre-pandemic lows as traders wait it out

By Sinéad Carew NEW YORK (Reuters) - The U.S. dollar edged up slightly and currency market volatility on Tuesday hit the lowest level in more than a year, as investors sat on the sidelines waiting...

British Pound (GBP) Price Outlook: GBP/USD May Slip Lower

GBP PRICE, NEWS AND ANALYSIS: GBP/USD continues to range trade but the bias looks to be to the downside. The EU and the UK are continuing to argue over Northern Ireland, potentially weakening the pair...

The single European currency weakens slightly

According to analysts, the current development of the exchange value of the euro (EUR), signals its weakening, especially regarding the EUR/USD currency pair. In recent hours this currency pair has seen a...

Stocks hover near record highs, oil hits two-year high

By Herbert Lash NEW YORK (Reuters) - A gauge of global equity markets closed at a record high on Monday as technology shares took in stride a deal by the world's richest nations on a...

Blackberry vs. Motorola: Which Networking Stock is a Better Buy?

The networking industry has grown significantly over the past year with businesses’ increased dependence on cloud computing and other technology platforms that require networking. The increasing adoption of 5G and use of other advanced...

Dollar dips slightly as investors wait on the sidelines

By Sinéad Carew and Karen Brettell NEW YORK (Reuters) - The dollar edged lower on Monday as Treasury yields were moribund and investors looked ahead to European and U.S. central bank meetings. Friday's U.S. jobs data...

Oil eases after hitting two-year highs; Iran talks in focus

By Laila Kearney NEW YORK (Reuters) -Oil prices pulled back on Monday after touching two-year highs on expectations of improved demand and OPEC producers keeping supply curbs in place. Prices retreated from session highs early, and...

British Pound (GBP) Latest: GBP/USD Within Range, GBP/JPY Eyes Key Levels

GBP/USD: The Pound kicks off the week on a relatively soft note. However, with volatility remaining muted, GBP/USD trades within a familiar range, which is likely to persist in the short term amid the lack...

Crude Oil Prices Eye Resistance at $70 as Selling Pressure Builds

CRUDE OIL PRICE OUTLOOK: Crude oil prices pulled back slightly after hitting a fresh multi-year high of $69.97 This week’s EIA crude inventory data and Iran nuclear talks will be in focus WTI may be facing...

Dollar Edges Higher; Focus Turns to May CPI Release

By Peter Nurse Investing.com -- The dollar traded marginally higher early in Europe Monday after the softer-than-expected payrolls release, with traders turning their attention towards this week’s inflation figures.  At 2:55 AM ET (0755 GMT), the Dollar...

The ETF Portfolio Strategist: Finally, Some Benchmark-Beating Returns

Finally, some alpha. Two of our three proprietary strategies dispensed some benchmark-beating returns last week (through June 4) after a stretch of underperformance. A third matched the benchmark, Global Beta 16 (G.B16), which continually...

Oil Down From Multi-Year Highs Due to Optimistic Demand Outlook

By Gina Lee Investing.com – Oil was down Monday morning in Asia, as investors await talks between Iran and world powers later in the week that could lead to increased Iranian supplies Brent oil futures fell 0.38% to...

Israel stocks lower at close of trade; TA 35 down 0.05%

Investing.com – Israel stocks were lower after the close on Sunday, as losses in the Biomed, Oil & Gas and Banking sectors led shares lower. At the close in Tel Aviv, the TA 35 lost 0.05%. The best performers of the session on...

Save Fairy Creek: The battle over Western Canada’s ancient forests

By Nia Williams (NYSE:WMB) CALGARY, Alberta (Reuters) - Nolan Paquette started working part-time at his local sawmill more than 20 years ago while still at school, pushing a broom on the clean-up team. Now 38,...