Gold touched $2,500 an ounce for the first time in history in spot trading, while COMEX futures reached $2,538. Gold’s gains on Friday come as more...
This morning’s UK retail sales figures showed that consumers started the third quarter of the year on a relatively solid footing, with sales having risen by...
Crude prices have had something of a choppy week, though the front WTI contract is, just about, set to eke out a second straight weekly gain,...
The highly anticipated July US CPI, retail sales, and the latest jobless claims didn’t steer gold into a definitive trend, with prices still consolidating above $2,430....
Crude oil across both major benchmarks, Brent and West Texas Intermediate (WTI), is trading sideways with some bullish bias of around 0.3%. The crude moves come...
The British Pound reacted positively to the UK’s GDP figures released earlier today. The economy grew by 0.6% in the second quarter, following a 0.7% rise...
UK GDP showed no growth month-on-month in June, following 0.4% growth in May, with quarterly growth of 0.6%. The monthly result reflects a modest fall in services output,...
Crude prices benefited from a large, unexpected drop in U.S. oil stockpiles and softer inflation data. Softer producer price index data heightened expectations for a September...
The Japanese yen has pared recent gains following a rebound in riskier assets, spurred by unexpectedly mild US Producer Price Index (PPI) data. This data supports...
The fall in service inflation is ‘very encouraging’ for the Bank of England (BoE) and could signal another interest rate cut next month, a financial expert...
This morning’s UK inflation data showed an unsurprising uptick in headline inflation in June, with CPI rising to 2.2% YoY, back above the BoE’s 2% target,...
The US dollar could remain under pressure following the release of the Producer Price Index as traders monitor the direction of inflation. Data showed an increase...