0.0 00 Asian stock markets were broadly higher Thursday morning, after falling during the last session. This follows a solid day on Wall Street. Investors are also waiting on a slew of economic data out of …
Read More »Crude Oil finds Support as US Inventories Fall
0.0 00 Crude oil futures rose this morning, during Asian market hours, after a decline in inventories in the United States crossed the wires overnight, during U.S. trade hours. However, prices are still below their three …
Read More »Australian Labor Data is a Mixed Bag
0.0 00 The Australian dollar whipsawed this morning, during Asian trade hours. After the release of labor data came in mixed. It was, overall, far from being considered weak. The Australian economy added 34,700 jobs in …
Read More »Crude Global Supplies Support Oil Prices
0.0 00 Crude oil futures are continue to find support thanks to tightening global supplies, as both WTI contracts trade very close to the key psychologically level of $70 per barrel. Analysts are now warning that …
Read More »Gold Benefits from a Weaker US Dollar
0.0 00 Gold futures rose this morning during Asian trade hours, this morning towards a fresh for month high. A four month high was hit earlier in the week as the US dollar continues to weaken, …
Read More »Australian Westpac Consumer Confidence
0.0 00 The Australian dollar rose modestly Wednesday morning during the Asian trade hours. This comes after the Down Under released a solid round of consumer confidence data. The data comes from the consumer lender, and …
Read More »Asian Markets edge higher as the Hang Seng Soars
0.0 00 This morning, Asian markets inched broadly higher as the Hang Seng Index soared over one percent. U.S. markets were closed for the Martin Luther King Jr holiday, but that did not stop a weakening …
Read More »Treasury Yields top 2 Percent for First Time since 2008
0.0 00 U.S. Government debt yields rose last Friday. Keep in mind markets were closed Monday in the United States for the Martin Luther King Jr holiday, including the Treasury markets. Also on Friday, treasury yields …
Read More »The Euro Moves Lower from its Three Year High
0.0 00 This morning the euro, including the benchmark EUR/USD Forex market, inched lower during the Asian trade session. The euro was at a three year high thanks to an optimistic Eurozone economic outlook and investor …
Read More »Oil Falls from its 2014 High Price Point
0.0 00 The price of oil futures contracts fell this morning as investors noted an increase in drilling activity in the United States. OPEC and Russia continue to enforce production cuts which is keeping crude near …
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