Market News

The Federal Reserve can leave interest rates where they are for now because inflation is not likely to rise much even if the U.S. job market continues to improve, St. Louis Fed President James Bullard said on Monday.

The British pound slipped to a 10-month low against the euro on Monday, as investors bet the Bank of England would keep interest rates at record lows for the coming months, while the European Central Bank moves towards tightening.

Gold prices edged lower on Monday, failing to gain support from a weaker dollar as investors digested sharp losses in the previous session and worried about further U.S. rate hikes.

The dollar edged lower on Monday, giving back some of its gains from Friday as investors consolidated bets before inflation data this week that may signal a turnaround in the currency’s weakness this year.

Oil prices edged down from nine-week highs on Monday, pressured by worries over high production from OPEC and the United States.

German industrial production unexpectedly fell for the first time this year in June, data showed on Monday, though it increased in the second quarter overall.

Trading conditions were a bit subdued during Monday’s morning London session but there was still enough action to keep the session interesting.

The July employment reports from the U.S. and Canada were as highly anticipated as the latest Game of Thrones episodes, so let’s take a look at how the jobs battle turned out.

The Greenback managed to hold on to its post-NFP gains while the Aussie also tracked higher on a strong construction report.

How impressed should you be by China overtaking the United States as the world’s largest importer of crude?

Asian stocks advanced on Monday, taking their cue from Wall Street, while the dollar moderated but retained most gains made on stronger-than-expected July jobs growth and the promise of a U.S. tax plan that will repatriate corporate profits.

The dollar stood tall on Monday after an upbeat U.S. jobs report lifted it off 15-month lows, with data lined up this week seen as key to whether the greenback’s rebound could be sustained in the longer term.

Asian investors, wary that the region’s stock markets and currencies have run up too far too fast and wondering whether it is time to take some money off the table, are finding that their concerns are not being reflected in major gauges of volatility and fear.

As old and new Amazon.com competitors gear up to report earnings, investors are eager to know how they plan to withstand the growth of the No. 1 online retailer.

China’s foreign minister said on Sunday new U.N. Security Council sanctions on North Korea were the right response to a series of missile tests, but dialog was vital to resolve a complex and sensitive issue, now at a “critical juncture.”

Britain is prepared to pay up to 40 billion euros ($47 billion) as part of a deal to leave the European Union, the Sunday Telegraph newspaper reported.

Another RBNZ statement is coming up, so I thought I’d give y’all an overview of how New Zealand’s economy has been faring recently.

CAD weakness appears to be the main theme this week. But what drove price action? And how did the other currencies fare?

The U.S. dollar and bond yields climbed while stocks on Wall St rose modestly on Friday, following a stronger-than-expected U.S. jobs report, which also showed a pick up in wage growth for the world’s largest economy.

Oil prices rose on Friday after a strong U.S. jobs report bolstered hopes for growing energy demand, but crude prices declined for the week, pressured by rising OPEC exports and strong U.S. output.