OFEED | Financial & Economic Feed

The Federal Reserve decided during its meeting today to keep interest rates unchanged, reiterating that monetary policy will remain supportive of further easing

The most recent data released from the euro suggest rebound in economic activities, but the levels are still below the pre-pandemic levels, ECB President Christ

Crude oil prices extended drop on Monday, falling more than 1%, to record its lowest level since July 20, after Saudi Arabia announced the largest price cuts in

Asian stocks trailed hefty losses on Wall Street, where technology stocks faced a sharp sell off on profit taking last nigh after the enormous gains achieved si

The French CAC 40 index led gains among European shares on Thursday, as France launched a 100-billion-euro stimulus package to jolt its economy out of recession

The Australian dollar dropped for a second straight session versus the U.S. dollar, easing from its highest level since May 2018, after a report showing the Aus

The pound traded near its highest level since December 2019 versus the U.S. dollar, resuming its advance for a third straight session, taking advantage of the d

Oil prices rose during Monday’s trading session, as the price of Brent crude jumped to its highest level in five months, supported by Chinese data, as well as c

Japanese Prime Minister Shinzo Abe resigned from his post today for health reasons, pushing the yen up versus the dollar

The euro traded lower versus the US dollar, resuming its fall from its highest level since May 2018, as the common currency continues to provide signs of overbo

Gold prices extended their drop for a fourth straight session on Wednesday, as investors remained cautious ahead of the awaited Jackson Hole Symposium on Thursd

Oil prices rose on Monday as a hurricane on the Gulf of Mexico forced energy companies to halt part of their oil production, and amid optimism after the U.S. co

Asia-Pacific stocks were hit hard on Thursday, posing the worst day in a month, after the Federal Reserve minutes raised concerns regarding U.S. recovery and am

The U.S. dollar recuperated its earlier losses when it fell to a fresh 27-month low, as investors eye the Federal Reserve meeting minutes due later in the day.

The Australian dollar traded higher for a third straight session versus its U.S. counterpart on Tuesday after the Reserve Bank of Australia (RBA) minutes lowere

The International Energy Agency (IEA) lowered its oil demand forecasts for the third and fourth quarters this year, as the rising covid-19 cases would hit deman

The British Pound witnessed negative pressure in its trading against the dollar for the second day in a row, due to the negative impact of the growth data issue

Crude oil prices rose during today's trading with the beginning of the week, supported by improved Chinese factory data, along with a rise in energy demand, as

Asian stocks were mostly lower on Friday amid elevating tensions between the United States and China, and on worries that the U.S. Congress may not reach consen

The British pound drifted higher versus major currencies on Thursday after a less dovish tone from the Bank of England, as policymakers highlighted the disadvan

Gold hit a new record high on Wednesday amid expectations that the money printing policies by major economies would drive inflation higher and on fears of a sec

The Australian dollar traded higher for the first time in three sessions versus its U.S. counterpart on Tuesday after the Reserve Bank of Australia (RBA) provid

The manufacturing sector in the euro zone was able to record its first growth since early 2019 in July, in light of the recovery of domestic demand after easing

Gold prices skyrocketed to a new all-time high on Monday amid market jitters with the rise in coronavirus cases in several countries and elevating tensions betw

The pound traded near its highest level in six weeks versus the U.S. dollar on Friday after a report showing U.K. business activities hit five-year high at the

The Chinese yuan dipped to a one-week low versus the U.S. dollar on Thursday after escalation in the tensions between the U.S. and China that raised concerns ab

Gold prices climbed to their highest level since 2011, in light of the continuing factors that increased the demand for safe havens in the financial markets, fo

European shares climbed to the highest level in four months on Tuesday as EU leaders finally agreed to a €750 billion Recovery Fund and amid optimism after enco

European shares fluctuated on Friday as German Chancellor Angela Merkel said it would be difficult to see a deal between EU leaders for a recovery fund worth 75

The Chinese economy reported a better than forecast growth in the second quarter, buoyed by strong industrial production, but household consumption remained wea

The International Energy Agency (IEA) has risen its forecast for global demand for crude oil during 2020, but it clearly warned of the consequences of the Coron

Gold prices rose during trading on Wednesday to record the highest level in 8 years, surpassing the psychological level of $1,800 an ounce, in light of the high

Global stock indices witnessed a rise to their highest level in four weeks during Monday's trading, with the recovery returning to economic activities in both C

The British pound witnessed fluctuation versus the U.S. dollar during Friday's trading, but it is on its way to record a rise at the weekly basis, following the

One the top comparisons that we have been seeing recently is between stocks, gold and Bitcoin. In other words, the battle between high-risk assets, classic safe

Inflation rates in the euro area unexpectedly rose during the month of June, while core inflation levels fell again, which prompted the euro to decline and expa

Asian stocks were down at the beginning of the week, with mounting worries of Covid-19 as the infections surpassed 10 million and as key U.S. States re-imposed

Oil prices extended their losses for a third straight session on Thursday amidst persisting anxiety of a second wave of coronavirus infections and after a rise

The New Zealand dollar dipped against its U.S. counterpart on Wednesday after the Reserve Bank of New Zealand held interest rates and pointed to further stimulu

The euro managed to recover significantly during trading today’s trading session, set for ad second straight daily gain, recording its highest level in nearly a

Gold prices climbed to a one-month high on Monday as frets about a second wave of coronavirus infections boosted safety demand on the precious metal, yet the pr

The Bank of England opted to expand its quantitative easing programme by 100 billion pounds to reinvigorate the ailing UK economy that was hit hard by the Covid

Most Asian stocks were down on Thursday, as the rise in new coronavirus cases in some US states and in Beijing weighed on investors’ sentiment, while downbeat d

US equity futures rose sharply today, after US retail sales data for May showed a record high, which added to optimism among traders that the worst impact of th

European stock indexes fell on Monday’s trading, amid concerns about a second wave of coronavirus caused by the easing of closure measures.

European shares fell more than two percent on Thursday’s trading, following the Fed's decision and pessimistic economic outlook, and with economic data forecast

Gold prices rose during trading on Tuesday, as investors await the Federal Reserve’ next move after the U.S. economy relapse into recession on the back of the C

The euro traded higher on Friday, getting close to the highest level in three months after European Central Bank) ECB) has announced that it will increase its p

Oil prices fell nearly 2 percent on Thursday’s trading, amid doubts about the possibility of extending the production cut agreement by OPEC's two main crude pro

Global stock indexes rose during Wednesday’s trading to the highest level in three months, amid rising hopes of recovery after reopening economies and after imp

Reserve Bank of Australia (RBA) kept interest levels unchanged at record low of 0.25% and the bank's statement language was less pessimistic than before because

European stock indexes were mixed during Monday’s trading, amid protests in the United States and the anticipation of a relative return of European economies.

European stock indexes fell during Friday’s trading, as tensions between the world's two largest economies escalated and after the release of downbeat economic

Asian stocks were mixed on Thursday amid optimism about the possibility of the having economic recovery after reopening and ongoing concerns regarding the US-Ch

Gold prices fell during trading on Wednesday due to the return of optimism about the reopening of several economies, despite the intensification of US-China dif

European stocks were trading near an 11-week high on Tuesday, led British stocks, after companies around the world gradually reopened following a month-long clo

The Bank of Japan (BOJ) launched a new 30 trillion-yen ($279 billion) lending program at an emergency meeting to support small businesses struggling with the pa

old prices rose during Wednesday trading, as demand for safe havens increased, amid doubts about the effectiveness of the Corona vaccine, as well as gloomy data

European stock indexes fell during Tuesday’s trading, despite hopes of a possible coronavirus vaccine and continued easing of closures undertaken by global econ

Oil prices rose during Monday's trading, supported by production cuts as well as a gradual rise in demand as countries continue to ease the closure measures ass

Financial markets' participants will be on a date with a number of important economic data this week, led by Purchasing Managers’ Index data for May and the U.S

European stock indices rose during Friday's trading, led by miners after strong China output data, yet some of the gains were snapped on worries about coronavir

The International Energy Agency (IEA) believes that the global oil markets would experience a sharp fall in demand in 2020, but it cut its forecast of the drop

European stock indexes fell early Thursday, following warnings from Federal Reserve Chairman Jerome Powell about the economy and the impact of the Corona virus

The euro traded higher on Wednesday despite the release of dull economic data showing that eurozone industrial production recorded the sharpest monthly decline.

Oil prices rose during Tuesday’s trading, supported by an unexpected commitment by Saudi Arabia to cut deeper crude production over the next month to reduce sup

Global stocks were mixed during Monday's trading, as closing restrictions continued to ease around the world and more countries are prepared to reopen business

Financial markets' participants will be on a date with a number of important economic data this week, led by growth data from major economies, in addition to a

Oil prices rose during Friday's trading, with crude heading to its second weekly rise in a row, amid easing restrictions of the Corona pandemic by some countrie

Pound Sterling rose during Thursday's trading, after the Bank of England (BOE) decided to keep the interest rate unchanged, in addition to its willingness to ta

According to its report on the economic outlook the European Commission predicts eurozone GDP to shrink by 7.7 percent in 2020, while public debt and budget def

Euro fell versus the U.S. dollar during Tuesday trading, following the decision of the German Constitutional Court to partially reject the program of the Europe

The Australian dollar rose slightly during Thursday's trading, despite the Reserve Bank of Australia's Monetary Policy Committee decision to keep interest rates

Oil prices fell during Monday’s trading, with concerns about the glut of global crude supply and amid tensions between the world's two largest economies.

The US dollar returned to rise against major currencies on Monday again, ending a wave of decline that continued for seven consecutive sessions, according to th

Financial markets' participants will be following important economic reports this week, the foremost of which is the jobs report from the United States, as well

Oil prices rose earlier today, set for a weekly gain, supported by the start of an OPEC+ agreement to cut supplies and a lower-than-expected increase in U.S. cr

After holding interest rates, as predicted, the European Central Bank decided ease the targeted longer-term refinancing operations (TLTRO III) further, while an

Most European shares were down in early trading on Thursday, with the expectation of a monetary policy decision by the European Central Bank, and as the euro ar

The Federal Reserve held interest rates at the target area between 0% - 0.25% to match market expectations, where central bank pledged to use a full set of tool

European stock indexes were mixed in early trading on Wednesday, ahead of the announcement of the US monetary policy decision and as companies continue to annou

Oil prices continued to fall during Tuesday's trading, with US West Texas crude falling nearly 20 percent after losing a quarter of its value yesterday amid dec

The Bank of Japan's (BOJ) decision to take further monetary policy easing measures to help mitigate the impact of Covid-19 spread on the economy.

Financial markets' participants will follow interest rate decisions by the Federal Reserve and the European Central Bank this week, as well as some important da

Gold prices were steady during Friday’s trading, but set for a weekly gain amidst economic concerns after the release of downbeat data showing that major econom

European shares snapped their earlier gains after the release of horrendous PMI data that confirmed that Europe is for sure heading towards a severe recession.

European shares rose during Wednesday trading, amid hopes by investors that the countries will ease the closure measures in the upcoming period while the commod

The negative performance of oil continued during Tuesday’s trading, after the historic collapse in the prices of US crude for May delivery yesterday, especially

European stock indexes fell on Tuesday, with the historic collapse of US crude oil in addition to coronavirus outbreak continuous effect on global economies.

Oil fell during Monday's trading to deepen its losses, reaching its lowest level in 21 years, with concern about oversupply and the weak global demand amidst th

Financial markets' participants will be carefully monitoring a number of important reports due this week, most notably the Service and Manufacturing Purchasing

European shares rose during Friday’s trading, after the US President's statements about new guidelines aimed at easing restrictions of social divergence and a g

The U.S. dollar traded higher versus major currencies on Thursday, as worries about the economic impact of the Covid-19 restrictions boosted safety demand on th

Most Asian stocks were down on Tuesday, as the continuing concerns about the economic impact of Covid-19 on global economies weighed on investors’ sentiment.

Oil prices fell during Wednesday's trading to hit the lowest level in 18 years, after warnings from the IEA and as supply production cuts by major crude produce

Gold prices rose to a seven-year high during Tuesday's trading, with economic anxiety associated with the impact of Covid-19 on global economy and amid the mass

Oil prices rose during Monday’s trading after OPEC and its allies agreed on Sunday on a historic agreement to cut oil production to stabilize prices.

Financial markets' participants will be on a date with a number of important economic data this week, led by the growth data in China, in addition to retail sal

Gold prices continued to rise on Friday, after climbing to a one-month high on Thursday’s trading, with the decline of the US currency after the Fed’s stimulus

The U.S. dollar fell slightly against a basket of major currencies during Thursday's trading, ahead of US unemployment claims figures, in addition to investor’s

European stocks fell during Wednesday’s trading due to the failure of the eurozone finance ministers to reach a clear agreement on how to finance the Covid-19 c

The Reserve Bank of Australia (RBA) kept interest rates unchanged to remain at record lows on Tuesday, pledging to do what is needed to achieve the 0.25% of the

European stock indexes rose during Monday’s trading, as the infection rate of the deadly virus, Covid-19, slowed in the euro area, amid high hopes that the clos

Financial markets' participants will be on a date with a number of important economic data this week, led by inflation data in China and the United States, in a

The dollar rose during Friday’s trading, moving towards a weekly gain, amid large demand from investors to safe havens due to the large spread of coronavirus ar

Oil prices rose during Thursday’s trading, supported by hopes of a possible truce between Saudi Arabia and Russia, following remarks from U.S. President Donald

US Treasury bond yields slumped on Wednesday, after yesterday's slight rise, as concerns about the Corona virus mounted after the United States warned of a risi

Oil prices fell to an 18-year low during Monday's trading, as concerns remain over supply and demand for crude, as well as the threat of Saudi-Russian price war

Financial markets' participants will be following important economic reports this week, the foremost of which is the jobs report from the United States, as well

Gold fell during the Friday’s trading, despite its trend to record the best weekly performance since December 2008, where economic data contributed to increased

The U.S. dollar continued to fall in Thursday's trading, ahead of US unemployment claims figures and due to the contribution of the huge U.S. economic stimulus

The euro rose during trading today, Wednesday, to continue its good performance during the last period against the US dollar, as the massive stimulus package of

European shares rose during Wednesday's trading, continuing to recover from full-week losses that pushed markets to a seven-year low, as investors' appetite for

Gold resumed its rebound for a third straight session on Tuesday, after recording the biggest daily gain yesterday, as the Federal Reserve's massive measures co

Financial markets' participants will continue to monitor the latest developments of the spread of the deadly Coronavirus and its impact on global markets.

Oil continued its gains during Friday's trading set for another heavy loss this week, following significant gains in the previous session,

The euro continued to fall sharply against the dollar for the third straight session, despite the intervention of the European Central Bank (ECB)

The U.S. dollar continued to rise on Wednesday, supported by facilitating action to support the global economy in its challenges against the huge impact of the

Oil prices traded near the lowest level in four years on Wednesday due the rapid spread of the deadly coronavirus, amid Iraqi calls for an emergency OPEC and no

Gold continued to fall during Tuesday's trading, losing more than $27 of its value, amid continued selling of among all assets, as the panic from the coronaviru

The British pound extended its losses versus major currencies on Tuesday amid expectations the Bank of England would act soon to combat the dismal economic impa

Asian stocks dropped sharply at the beginning of the week despite efforts from global central banks, especially the Federal Resave, to stimulate their economies

Asian stocks fell during Thursday's trading as the US President Donald Trump decision to impose travel restrictions from Europe to the United States for 30 days

Investors will carefully watch the U.S. inflation data due later on Wednesday, amid rising bets the Federal Reserve may cut interest rates again during next wee

Following the suit of the Federal Reserve, the Bank of England decided in an unscheduled meeting to cut interest rates by 50 basis points to bolster the U.K. ec

Gold fell during Tuesday’s trading after reaching its highest level since December 2012 during the previous session, as speculations of stimulus measures by glo

European equities fell in Monday’s trading, after a possible oil price war between Saudi Arabia and Russia hit global markets, raising fears that the global eco

Oil prices deepened their latest losses, plunging more than 30 percent from Friday’s closing, due to the failure of the OPEC and Russia to agree on production c

Financial markets' participants will be on monitoring a number of important economic events and data this week, as the European Central Bank will set the rate o

Financial markets' participants continued to charge for safe havens on Friday, amidst the rapid rise in corona infections outside China, corporate profit warnin

The pound sterling rose during Thursday’s trading against major currencies, supported by remarks from Bank of England (BOE) Governor Mark Carney, which reduced

Oil prices retreated slightly on Thursday’s trading, as investors will carefully watch a meeting of the Organization of Petroleum Exporting Countries (OPEC), wh

Financial markets are showing mixed sentiment on Wednesday following yesterday’s off-schedule interest rate cut by the Federal Reserve, as the surprise move fai

The Bank of Canada (BOC) is expected to be one of the first major central banks to cut interest rates in response to concerns about the spread of the Coronaviru

After a scheduled interest rate cut by the Reserve Bank of Australia earlier today, the Federal Reserve surprised markets by a 50-basis point interest rate cut

The Australian dollar rose during Tuesday's trading, continuing to perform well since the start of the week as the Reserve Bank of Australia (RBA) cut interest

Gold prices rose during Monday’s trading, to recover after sharp losses on Friday, amid hopes of an interest rate cut by the Federal Reserve to mitigate the eco

Financial markets' participants will be carefully watching a number of important reports, the foremost of which is the jobs report in the United States, in addi

The euro rose in today's trading against its US counterpart, to record its highest level in 3 weeks, amid a state of increasing panic that overshadowed the glob

Asian stock indexes fell at the close of trading on Friday, with Japanese stock index recording their worst weekly performance in four years, amid growing conce

The U.S. dollar fell against a basket of major currencies on Thursday as President Trump’s comments on the coronavirus failed to calm markets and as he criticiz

Oil prices fell during Wednesday’s trading, continuing to decline for a fourth consecutive session, amid fears of global pandemic as the coronavirus continued t

Most Asian stocks were down on Tuesday, as worries regarding the spread of the coronavirus outside China continued to dominate investors' vibes.

Oil prices fell three percent on Monday amid concerns by investors that demand would be negatively affected by the rapid spread of the Corona virus outside Chin

Financial markets' participants will be carefully watching the Gross Domestic Product (GDP) data released by number major economies this week, while they will c

Gold prices rose during Friday’s trading, hitting the highest levels in seven years, heading for the best weekly performance in more than six months, as the soa

The People's Bank of China has lowered its key lending interest rate, in line with expectations, in an attempt by policymakers to move to reduce corporate finan

The Federal Reserve's minutes for the January 30-31 meeting highlighted that interest rates would remain unchanged for a while and that the current monetary pol

Gold prices rose during Wednesday’s trading, to record near its highest level in 7 years with losses of U.S. shares as a result of Apple's warnings and amid con

afe havens rose during Tuesday's trading as Apple's warnings of the impact of the coronavirus on its sales rattled markets and dimmed demand on risky assets des

The Australian dollar continued to trade lower versus its U.S. counterpart on Tuesday after the Reserve Bank of Australia’s minutes showed policymakers were rea

European shares rose during Monday's trading to be close to record levels as the measures announced by China to limit the economic impact of the coronavirus man

Financial markets' participants will be carefully watching the Federal Reserve's minutes of the latest monetary policy meeting, while eyes will also follow the

Asian stock were mixed during Friday’s trading, with Japanese Nikkei hitting weekly losses for the first time in two weeks as concerns about the spread of the C

The euro recovered from a three-year low versus the U.S. dollar on Thursday, ahead of the release of the European Commission’s economic forecasts and amid risin

Investors resorted to safe havens on Thursday, as fears of the corona epidemic intensified, with the rise in infected cases to 15,000 and deaths toll to 240 dea

Asian stocks rose during Wednesday's trading, following Federal Reserve Chairman Jerome Powell's statements about the Coronavirus, as well as the World Health O

The New Zealand dollar jumped against its U.S. counterpart on Wednesday after the Reserve Bank of New Zealand left interest rates unchanged and cited confidence

he U.S. dollar continued to strengthen its gains against a basket of major currencies during Tuesday’s trading, hitting a four-month high, with developments in

Oil prices fell during Monday’s trading, amid the ongoing fears of the impact of the corona crisis on global oil demand and as investors wait for OPEC and large

Financial markets' participants will be on a date with a number of important economic data this week, led by the growth data in the euro area and Britain and da

The euro currency slumped during Friday’s trading, extending its losses for a fifth straight session, after the release of downbeat data from Germany and France

Oil prices continued to recover during Thursday's trading amid some unconfirmed reports that suggest scientists are considering developing a vaccine for the dea

The U.S. dollar resumed its advance versus the Japanese yen for a fourth straight session on Thursday amid renewed risk appetite in financial markets on the bac

Gold rose during Wednesday’s trading to recover from sharp losses witnessed over the past two sessions, amid continuing fears of the spread of the coronavirus a

The key focus on Wednesday will be on the euro area's PMI data and then the U.S. ADP employment for the first month of 2020, yet investors will keep their focus

The Australian dollar rebounded from four-month low versus the U.S. dollar on Tuesday after the Reserve Bank of Australia opted to hold interest rates and kept

Oil prices continued to trade lower on Friday set for another heavy loss this week, as worries about the impact of the spread of the coronavirus on global oil d

Britain’s central bank has decided to leave Bank Rate at 0.75%, despite recent weak economic data.

Asian stocks fell to a seven-week low on Thursday, with fears related to the Corona virus and concerns about the acceleration of the spread of the infection alo

The yield curve on US Treasury bonds was reversed for the first time in nearly three months on Tuesday, due to growing concerns over the outbreak of coronavirus

All eyes will focus on the outcome of Federal Reserve's first meeting in 2020 later on Wednesday, with no expectations of any change in monetary policy, as most

Asian shares fell during Thursday’s trading, as there was no sound above the Corona virus and the concern it raises in global markets about the impact of the vi

Gold rose during Monday’s trading to reach a high of more than two weeks, amid fears that the coronavirus would harm the global economy, which has turned invest

Financial markets' participants will carefully watch interest rate decisions by the Federal Reserve and the Bank of England this week, as well as the release of

Oil prices recovered during Friday’s trading, supported by lower U.S. crude inventories, but set to record another weekly loss of up to five percent, amid wides

The euro snapped its earlier gains during Thursday's trading after the European Central Bank kept interest rates unchanged during the first monetary policy meet

The Australian dollar rose during Thursday’s trading after the release of economic data showing employment growth and low unemployment rate, thereby lowering ex

Asian shares recovered on Wednesday’s trading after fears of a global pandemic were reduced due to China's quick response and sincerity in dealing with the dise

Following the Bank of Japan’s decision on Tuesday, eyes will focus on the Bank of Canada’s monetary policy decision later on Wednesday, ahead of Thursday’s Euro

The Japanese yen rose during Tuesday’s trading session after the Bank of Japan (BOJ) decided to keep its monetary policy unchanged and raised growth forecasts f

Oil prices rose during Monday’s trading, after supply disruptions and political instability in the Middle East, specifically in Libya, after two large oil produ

Financial market participants will be carefully watch key events this week, as a number of major central banks, led by the European Central Bank, will decide on

The Swiss franc remained on firm against the U.S. dollar and euro on Thursday as the United States added Switzerland to its watchlist of currency manipulators,

The Japanese yen soared slightly against the U.S. dollar on Wednesday, resuming its rebound from a 7-1/2-month trough, amid some deterioration in risk sentiment

Participants in global markets will be on a date with a number of important economic data this week, led by the inflation reports due from the U.K. and the Unit

European equities rose during Tuesday’s trading, as markets awaited the signing of the phase-one trade agreement between the United States and China, ahead of t

Oil prices fell on Friday as geopolitical tensions in the Middle East eased after the U.S.-Iran conflict receded with calm statements by both sides over the pas

Asian stocks closed on a marked decline during Wednesday after an Iranian missile strike on American forces in Iraq prompted investors to abandon risky assets a

The key focus on Wednesday will be on Germany’s factory orders data and then the U.S. ADP employment for the last month of 2019, yet investors will keep their f

The Swiss franc and the Japanese yen retreated from record highs against the U.S. dollar during Tuesday’s trading, amid ease in tensions following the kill of I

The stock market fell during Monday’s trading amid escalating tensions in the Middle East following the kill of Iranian military commander Qassem Soleimani, whi

Financial market watchers will be followed by a number of important reports, especially the jobs report in the United States, as it is considered a leading indi

Gold prices climbed by about $23 on Friday trading, edging closer to 2019’s all-time high, as tensions in the Middle East escalated, boosting demand on safe hav

Gold prices rose during Tuesday’s trading to record the highest level in more than three months, heading to its best annual performance in 10 years.

Crude oil prices rose more than 20 percent in 2019, despite a succession of global economic events that have affected the crude oil market in one way or another

Financial market watchers will witness the release of the final Purchasing Managers’ Index from a number of major economies, which are likely to give some clues

Oil prices rose on Thursday, supported by an increasing likelihood of a U.S.-China trade agreement being announced soon, along with OPEC-led efforts to restrict

Gold prices rose on Tuesday to a six-week high ahead of Christmas holidays, as the precious metal benefited from weak economic data from the United States and c

Participants in global financial markets will take some rest this week in light of the beginning of the year-end holidays, a period in which traders usually clo

The U.K. economy reported a more than forecast growth in the third quarter this year despite zero growth in business investment, the final GDP data released on

The sterling retreated on Thursday after the Bank of England (BOE) decided to keep its monetary policy unchanged, with a sign of focus on the next phase of Brex

The Japanese yen fell during Thursday’s trading session after the Bank of Japan (BOJ) decided to keep interest rates unchanged, with an optimistic outlook on th

Oil prices fell during Wednesday trading, after the American Petroleum Institute (API) announced a sudden growth in crude oil inventories in the United States,

After the release of weak flash manufacturing and services PI readings from the United Kingdom on Monday, eyes will focus on the inflation data ahead of the Ban

Pound sterling fell more than one percent against both the US dollar and the euro on Tuesday's trading session, as uncertainty over Brexit returned.

Flash purchasing managers’ index data for December, which will be issued in a number of major economies, will receive great attention from investors, as well as

Pound rose to the highest level in 18 months versus the U.S. dollar on Friday after the victory of the Conservative Party, headed by Prime Minister Boris Johnso

The U.S. dollar will face a hard test as the markets await the last Federal Reserve meeting this year, amid worries about the deadline for a new round of tariff

Oil prices fell on Monday’s trading, driven by negative Chinese data highlighting the fallout from the trade war between the world's two largest economies.

The euro held its gains despite the release of weak economic data from the euro zone, returning to the rise today against the dollar after hitting a four-week h

Gold prices rose slightly during Friday's trading session, but the precious metal was headed for its worst monthly performance in 3 years.

European equities climbed in early trading on Wednesday amid optimism that the United States and China are edging closer to signing phase-one trade deal.

The prospect of signing “phase two” of the U.S.-China trade agreement is still elusive for the time being, amid efforts of the parties to conclude an agreement

Oil prices continued to trade lower for a third straight session on Wednesday, amid low hopes for a U.S.-China trade deal and as a jump in U.S. inventories rein

The U.S. dollar was little changed on Tuesday amid uncertainty about the China-U.S. trade agreement, as traders are waiting for clarity on the developments of (

Crude oil prices retreated after hitting a record high, as concerns surrounding the continued rise in oil supplies overshadowed optimism regarding potential tra

The New Zealand dollar rose against its U.S. counterpart on Wednesday after the Reserve Bank of New Zealand’s decision to keep interest rates unchanged.

Gold prices fell during Tuesday trading, hitting the lowest level in three-and-a-half months, as investors await signs from U.S. President Donald Trump's speech

Oil prices fell nearly 1 percent in Monday trading, as concerns about progress in trade talks between the world's two largest economies were being made.

The Bank of England decided to hold its benchmark interest rate at 0.75 percent, but surprisingly two MPC members dissented calling for a rate cut.

The United States and China have agreed to eliminate some tariffs imposed by the parties on each other at various stages of the trade agreement, according to a

Oil prices added more than 1 percent on Tuesday, extending its rise for a third subsequent session, on hopes of trade deal and as OPEC hinted to declining produ

Asian shares closed on Monday on the highest level in 14 weeks, with renewed optimism about U.S.-China trade talks, where markets await the first speech from th

Gold prices fell slightly during Friday’s trading, but are heading for gains for a second week in a row, ahead of the announcement of U.S non-farm payrolls data

The Japanese yen rose against the U.S. dollar on Thursday as the Bank of Japan kept its monetary policy unchanged and the Federal Reserve slashed interest rates

European equities fluctuated on Wednesday trading, after concerns emerged that a possible trade deal between China and the United States could be delayed, while

Gold prices fell below the psychological level of $1500 an ounce during Tuesday’s trading session, as investors tended to acquire risky assets after rising opti

European stocks fluctuated in early trading on Monday, amid increased hopes for a trade deal between the United States and China, and Brexit developments later

European shares rose in early trading on Thursday, ahead of the European Central Bank policy meeting, and amid anticipation of Brexit developments.

European equities recovered earlier their losses on Tuesday amid hopes of a trade agreement between China and United States, where markets will keep their eyed

Oil prices fell in Monday trading session on fears of a slump in crude oil demand amid signs of global supply glut and slowdown in global economic growth.

The pound rose on Monday, surpassing $1.30, after Prime Minister Boris Johnson sent a letter requesting an extension to Article 50 while still pressing on Parli

Oil prices fluctuated during Friday's trading session in the wake of rising concerns about global demand after economic data showed the Chinese economy recorded

The pound hit a new five-month high on Thursday after the U.K. and EU said they have reached a Brexit deal, but it snapped some of its gains on worries the Brit

The pound retreated from five-month peak versus the U.S. dollar on Wednesday, amid worries that Brexit deal may fade ahead of another round of Brexit talks.

Gold prices rose during Wednesday’s trading, as global political and economic uncertainty gave some support to the precious metal as a safe haven.

Oil prices continued to fall for the second straight session on Tuesday, after incurring heavy losses in the previous session, amid weak data on the Chinese eco

The pound rose on Tuesday amid hopes that British Prime Minister Boris Johnson would strike a Brexit deal at an EU summit this week to avert a chaotic exit on O

Observers of global markets will be on track with a number of important economic data this week, led by growth data from the Chinese economy, as well as inflati

The U.S. dollar fell on Wednesday, amid lower chances of seeing a trade deal between the U.S. and China this week as tensions between the two sides simmered eve

The pound fell against the euro and other major currencies on Tuesday, following press reports that talks on Brexit are close to collapse after remarks from Ger

Asian shares rose on Tuesday, but investors sentiment remained cautious over the upcoming trade talks between Washington and Beijing later this weekend, especia

Financial markets will follow the latest developments in the US-China trade war, with a delegation from China coming to the United States this week for a new ro

Oil prices rose on Friday trading, but are heading for the biggest weekly losses since July amid fears of falling demand due to the contraction that faces the g

The U.S. dollar snapped its earlier gains on Thursday, amid concerns about recent signs of economic slowdown after a parade of pessimistic economic data from th

European equities fell in early trading on Wednesday due to decline in risk appetite in financial markets after the release of dismal factory reports from major

Oil prices extended its plunge on Monday, as trade war fears raised concerns about global crude demand and as Saudi Arabia continued to restore production.

After many of the world's central banks have either cut interest rates or launched economic stimulus programs, financial markets will be following a number of i

Gold prices fell in today's trading to complete three consecutive sessions of losses, as investors focused on the positive developments in U.S.-China trade talk

The resignation of Germany’s appointee to the board of the European Central Bank Sabine Lautenschlaeger from ECB on Wednesday raised concerns about ECB latest s

The U.S. dollar rose against a basket of major currencies on Thursday, hovering near its highest level in two weeks, ahead of the U.S. final second-quarter gros

European equities are on track for their worst fall in nearly six weeks on Wednesday, amid political turmoil after House Speaker Nancy Pelosi began measures aim

Oil prices fell during Tuesday's trading session, amid fears of slowdown in global demand after the release of dismal manufacturing reports overshadowed uncerta

After a week full of events, the indicators on Monday differed between the ups and downs of Asian shares as well as commodities such as gold and oil due to the

Gold prices rose during Friday's trading session, heading for the first weekly gain four weeks, recovering from losses recorded in the previous session, followi

The Bank of England opted to hold the benchmark interest rate at 0.75 percent while warned of Brexit uncertainty and trade war and there impact on the UK

The Japanese yen advanced versus the U.S. dollar on Thursday after the Bank of Japan opted to leave its monetary policy on hold.

The Federal Reserve decided at its meeting on Wednesday to cut interest rates, as expected in the markets, by a quarter percentage point, as the Bank seeks to s

The Pound sterling fell on Wednesday after the European Commission President, Jean-Claude Juncker remarks about the risks of no-deal Brexit on October 31.

European stock indexes fluctuated in early Tuesday trading, amid the melting geopolitical situation in the Middle East after the Saudi Aramco attack over the we

Oil prices rose nearly 9 percent on Monday after an attack on two oil facilities in Saudi Arabia halted production of 5.7 million barrels of crude equivalent to

After the ECB announced stimulus plans last week, financial markets will be closely watching the meetings of major central banks this week to see the direction

European stock indexes rebound at the start of trading on Friday, on track for the fourth straight week of gains, following a new stimulus package and easing me

At the beginning of the press conference, ECB President Mario Draghi has confirmed the central bank decision of cutting the deposit rate to -0.5 percent and ann

Asian stocks advanced to a six-week high on Thursday on hopes for a relief in U.S.-China trade standoff and expectations that the European Central Bank would ki

European equities rose on Wednesday's trading on optimism regarding trade talks, while euro was lower versus the US dollar ahead of ECB meeting on Thursday

Oil futures prices continued to rise for a fifth straight session on Tuesday, as expectations of production-cut extension by OPEC and other key oil producing co

The pound rose in today's trading due to the economic forecasts that showed that The UK economy grew more than analysts expected in July.

Gold prices fell during Friday's trading after the release of strong U.S. data and following positive trade developments between the United States and China

Global shares rallied on Thursday after most indices rose on the news of the U.S. agreement with China for a new round of trade talks next month, where also imp

Oil prices rose and recovered from lowest level in a month after a private survey showing that private sector activity in China grew at a three-month pace in Au

The pound sterling rose in early trading on Wednesday, as investors cautiously welcomed the success of British legislators in controlling parliament by trying t

The pound sterling hits the lowest level since October 2016 versus the U.S. dollar, amid expectations about early elections before the Brexit due on October 31

Oil prices fell after the continued trade war escalations between United States and China, which added to concerns about further slowdown in global growth and t

Most Asian stocks fell on Monday as result to new tariffs imposed by the American and Chinese sides and as Argentina Central bank limited dollar purchases

Eurozone inflation slightly in contrast to ECB target, increasing the likelihood of the ECB's trend towards a rate cut in the coming period.

Crude oil prices fall today to lose part of their gains, but continue on their way to their highest weekly high since October 2018.

Gold settles as U.S.-China trade war escalates beside the reversal of the yield curve has played a major role in raising fears of a near-recession

Sterling suffers from the news of parliamentary suspension, as doubts about the success of Brexit are on the horizon

Oil rises amid sharp decline in U.S. inventories, trade war bastards on oil market, as markets wait for more developments regarding the trade war.

Gold prices increases today as the sequence of the recent event of trade war impacted the performance of the precious metal

The trade war could be settled in the upcoming days according to the announcements made by the U.S president made during the G-7 meetings.

The U.S. dollar plunged from a three-week high on Friday after dovish remarks from Federal Reserve Chairman Jerome Powell, which paved the way for more rate cut

OPEC’s market share of the world oil market has fallen to 30 percent, the lowest percentage in years, due to supply constraints and involuntary losses in Iran a

The Federal Open Market Committee minutes for July meeting showed that it was necessary to cut interest rates to avoid risks stemming from the too low inflation

Asian stocks fluctuated on Wednesday after U.S. President Donald Trump’s latest attack on China, ahead of minutes of the Federal Reserve's last meeting and the

Gold prices fell on Tuesday's trading session as the U.S dollar strengthened and the trade concerns calmed, while traders await the speech of Federal Reserve’s

The UK is in a state of uncertainty amid expectations that a new political storm will kick off when MPs return to Westminster next month.

European shares rose today supplementing gains from the previous sessions, as it completed Friday’s recovery, led by gains in Deutsche Bank, as U.S. President D

This week, financial markets will follow the FOMC minutes of the latest Federal Reserve meeting, in light of the divergence in interest rate cut in the coming p

Oil prices rose during Friday's trading, set for a weekly gain, driven by positive U.S. economic data, ahead of the disclosure of crude oil rigs data.

European shares dropped on Thursday, following overnight losses on Wall Street and sell off in most Asian indices, amidst fears surrounding the global economy f

The Australian dollar gained some support from economic data released today showing a better than forecast jobs added in July in Australia.

The Japanese yen continued to rise in currency markets as persisting geopolitical tensions prompted investors to turn to the Japanese currency as a safe-haven,

Markets will follow closely the major economic reports released this week from major economies to see the direction of central banks’ monetary policy in the com

The pound sterling dropped to new record lows versus the U.S dollar and euro after U.K. GDP data showed Britain’s economy reported its worst contraction since t

European stock indexes rose in early trading on Thursday, as investors turn to risky assets after a stronger-than-expected rise in Chinese exports and a stabili

Gold prices rose 1.3 percent on Wednesday to the highest level in more than six years in the absence of any signs of easing tense in the trade war between the t

Last week, the White House, represented by President Donald Trump, took a sharp tone on China as part of the so-called trade war, which led to the collapse of t

Oil prices fell in Wednesday trading as the market continued to be affected by the potential impact on the global economy, ahead of the Energy Information Admin

The Australian dollar rebounded moderately after the Reserve Bank of Australia left the interest rate without any change at 1 percent, as expected by analysts,

China's yuan fell more than one percent to an 11-year low on Monday as fears of a sharp escalation in the U.S.-China trade war are growing, leading to another c

Perhaps the most notable economic reports this week are the service sector data released in a number of major economies, while attention will remain focused on

Gold retreated from a two-week high on Friday, but the U.S. non-farm payrolls report may trigger more safety demand on the yellow metal, given the undergoing un

In a widely predicted move, the Federal Reserve opted to cut interest rates by 25 basis points to a range of 2%-2.25% to support the economy amidst the global s

The euro traded lower for the first time in three sessions on Wednesday after the release of downbeat data from the euro area that raised expectations the ECB w

The Bank of Japan kept its monetary policy unchanged on Tuesday but added a new tone in its monetary policy statement by saying it would resort to easing "witho

The British Pound extended its losses for third straight session, losing 1 percent against the US dollar on Monday, to hit its lowest level since mid-march 2017

After many central banks have either cut interest rates or launched economic stimulus programs, financial markets will be on track with the Federal Reserve's in

At the beginning of the press conference, ECB President Mario Draghi highlighted the softening global growth dynamics, weak international trade and weakness in

European stock indexes rose in early trading on Thursday, ahead of the European Central Bank interest rate decision and press conference by ECB Chief Mario Drag

The euro fell to a two-month low on Wednesday amid expectations that the European Central Bank could pave the way for monetary policy easing, especially after t

The U.S. dollar stabilized close to one-week high on Monday as investors are preparing for major central bank's decisions starting with the European Central Ban

European shares rose slightly in early trading on Monday, while Italian shares offset part of their losses after a sell-off driven by political tensions, ahead

Global market watchers will be following a number of important events and economic data this week as the European Central Bank will set interest rates, while hi

Gold prices fell on Wednesday as the dollar remained firm after upbeat U.S. retail sales data, yet losses were limited by hopes that the Federal Reserve would c

The pound fell against the US dollar on Tuesday, hovering close to its weakest level in six months, amid continuing concerns about Brexit, where the release of

The rise in the technology shares led the Nasdaq 100 to a new record high at the start of a week of corporate earnings, amid expectations the Federal Reserve wo

Most U.S. stocks finished in green on Thursday, with the Dow Jones hitting 27,000 points for the first time ever, on hopes of an interest rate cut by the Federa

The oil prices reached the highest level in six weeks on Thursday as oil rigs in the Gulf of Mexico were evacuated before a storm, ahead of release of OPEC's mo

According to the minutes of June 18-19 monetary policy meeting released on Wednesday, many Federal Reserve officials said they would be willing to cut interest

The European Commission (EC) lowered its estimate of the eurozone economic growth for 2020, but kept this year's outlook unchanged, while inflation slashed fore

Oil prices rose on Wednesday after sector data showed a decline in US crude oil stocks more than expected, reducing fears of oversupply, while senior US oil pro

The pound slumped to a new low on Tuesday on renewed Brexit concerns after the opposition Labor Party announced that the next British Prime Minister should pres

U.S. stocks traded lower on Monday, after Friday's jobs report that trimmed the market's hopes for a bold interest rate cut by the Federal Reserve, where Boeing

This week, financial markets will put the minutes of latest Federal Reserve policy meeting under scrutiny, especially after a number of major central banks have

Gold slipped on Friday after the release of upbeat U.S. jobs report that reduced the possibility of an interest rate cut by the Federal Reserve later this month

Oil prices fell more than 0.5 percent on Thursday on the back of data showing a lower than forecast drop in US crude stocks and concerns about the global econom

Government bond yields in most of the eurozone economies plunged to new record levels on Wednesday, after EU leaders agreed to appoint Christine Lagarde as the

US stocks slipped down afternoon but closed on a record higher for a second straight session on Tuesday, as news of proposed US tariffs on $4 billion worth of i

Gold prices dropped on Monday after opening on a downside gap as optimism regarding a potential trade agreement between the U.S. and China dented the appeal of

U.S. stocks closed modestly on Thursday, after four days of losses, as investors await further news on U.S. China trade relations from the G-20 meeting tomorrow

Gold prices fell during Thursday's trading, resuming its tumble for a second consecutive session, as investors turn their attention towards critical talks in th

Crude oil resumed its strong rebound on Wednesday, rising for the 7th consecutive session, to record its highest level in four weeks, amid expectations of a dro

U.S. stocks fell and the dollar rose on Tuesday after the recent comments by the Federal Reserve Chairman Jerome Powell, in addition to the rising trade tension

Gold rose more than one percent on Tuesday, before snapping part of the gains, but prices remained near the highest level in six years as the dollar falls to th

US Stocks were mixed on Monday as the losses in the health care sector stocks was dwarfed by the gains in the technology shares, where investors are waiting for

US stocks closed high on Thursday after the Federal Reserve hinted at possible interest rate cut as soon as next month

The Bank of England (BoE) nine-member monetary policy committee have voted unanimously to keep interest rates at the current levels of 0.75 percent, matching ma

The Federal Reserve kept its interest rates unchanged at the monetary policy meeting held on Wednesday, but noted the central bank's willingness to cut interest

The British pound surged for a second straight session on Thursday after U.K. inflation data came in line with expectations and supported the Bank of England to

The US dollar moved lower against its major counterparts on Wednesday, as investors await the outcome of the Federal Reserve’s monetary policy meeting.

Gold prices continued to fall on Monday after hitting the highest level in 14 months on Friday, with the dollar hovering near two-week high ahead of the Federal

The most important event that may affect the movements of major currencies this week will be the Federal Reserve monetary policy meeting

The Swiss franc strengthened versus major currencies after the Swiss National Bank (SNB) opted to maintain its current monetary policy, where it has remained fi

Oil prices tumbled for a third straight session on Wednesday on weaker oil demand outlook, soar in U.S. crude inventories and bearishness in sentiment.

The U.S. dollar snapped its earlier gains on Tuesday after President Donald Trump’s criticism to the Federal Reserve and as low inflation triggered expectations

The Chinese Foreign Ministry said on Tuesday that the government will respond with strong determination if the United States insisted on escalating trade tensio

U.S. stocks managed to finish higher on Monday, trailing gains in Europe, after President Donald Trump decided to delay tariffs on Mexico.

Gold prices fell during Monday's trading, retreating from the highest level recorded in 14 months, as the US-Mexico deal cut demand on the precious metal as a s

Markets will continue to follow the latest trade crisis between the United States and China after the conflict between the two sides has intensified over the pa

Amid the escalating trade dispute between the United States and China, eyes will focus on the Group of 20 meeting this weekend in Japan's Fukuoka city.

Draghi started his press conference by highlighting the risks stemming from global headwinds

The most important reports this week are the monthly U.S. jobs report and the European Central Bank's monetary policy meeting

Oil prices fell on Thursday amid concerns about the global economic slowdown due to the trade war between the United States and China

Gold prices fell on Thursday as the lingering trading war between the United States and China supported demand on bonds and the U.S. dollar at the expense of go

Oil prices fell by more than 1 percent on Wednesday due to fears that the trade war between China and the United States could lead to a global economic slowdown

US stocks declined on Tuesday, as the escalating trade tensions between the U.S. and

European stocks showed a slight drop on Tuesday, following gains generated on Monday, as banks led losses amid concerns regarding Italy’s budget deficit

British Prime Minister Theresa May said on Friday that she would step down from the government and the Conservative Party on June 7

The euro traded near its lowest level in four weeks on Thursday, as the slowdown in euro area economic activities added to trade war concerns.

Federal Reserve left interest rates unchanged and indicated that there was no immediate need to cut interest rates, according to the FOMC minutes

US Stocks jumped higher on Tuesday as the U.S. temporarily eased restrictions on Chinese telecom giant Huawei, placing the market on track after losing for two

European shares gained on Tuesday, trailing gains in Asia, clawing back Monday’s sharp losses on optimism after easing of U.S. trade restrictions on Huawei

Markets will continue to focus on the latest update regarding US-China trade talks and minutes of the Federal Reserve meeting

US stocks saw a significant gains by the end of Thursday’s session despite trade dispute, while the dollar climbed to two-week high

Risks of a "No Deal" Brexit rose on Thursday sending the British pound to its lowest level in several months against the euro and the dollar.

Gold prices fell on Thursday as it faced resistance near the psychological level of $1,300 an ounce, while Washington’s imposed sanctions on China's Huawei

U.S. dollar index fluctuated on Wednesday after the release of mixed economic data and as after the United States said it would delay imposing tariffs on auto i

Crude oil prices fluctuated on Wednesday Data on due the rise in U.S. crude inventories, disappointing Chinese industrial report and the ongoing trade tensions

European shares fell on Wednesday after a rebound on Tuesday, despite US president Donald Trump's softer tone over the lingering trade tensions

Gold prices retreated after hitting their highest level in the month on Tuesday as the latest tweets from President Donald Trump calmed market tensions.

Oil prices rose on Tuesday as the United States and China made conciliatory remarks at the trade talks, suggesting that their collapse might be avoided

Gold prices held gains on Friday, headed for a weekly gain, on safety demand after the U.S. raised tariffs on Chinese goods

Global shares dipped on Wednesday as the escalating trade war between the U.S. and China drifted investors’ attention away from risky assets

European shares traded in red on Tuesday amid fading hopes of a US-China trade deal after the latest threats from President Donald Trump to hike tariffs on Chin

The most prominent economic events this week are the continuation of trade talks between the United States and China in Washington as well as the release of US

The Bank of England has voted unanimously to leave UK interest rates unchanged at 0.75 percent, amidst the undergoing Brexit uncertainty