Commodities/FX

Commodities/FX

Russia – Saudi Arabia oil market deal, Oil futures back below...

After an initial jump in oil futures, fuelled by the Russian - Saudi Arabian announcement of cooperation on strategies to stabilise the oil market,...

Disappointing US Employment figures send Dollar tumbling

Disappointing data on the development of US employment in August saw the dollar fall drastically against other major currencies. This afternoon, the US Department of...

US ISM Manufacturing Index falls in August, GBP near one-month high

The US Institute for Supply Management Manufacturing index hit its lowest since January. August’s figure stood at 49.4, down 3.2 points from July’s measure and...

GBP bearish on higher UK housing prices and Euro-Zone inflation data

Data published this morning on UK housing prices and Euro-Zone inflation in August send the Pound higher against the Euro and the US Dollar. Growth...

Mining stocks down on stronger dollar

Mining stocks suffered on Tuesday morning due to the rising strength of the US Dollar. The London Stock Exchange Mining Sector Index lost 382.18 points in morning...

Oil down, mining companies hit by stronger dollar

Oil prices have sunk this morning, ending a rally that pushed prices up by 20 percent this month alone. The price movement comes after Iraq...

Rising Gold and Silver Prices in 2016 see Miners discussing higher...

As Gold and Silver prices have been on the rise this year, mining companies are now discussing to resume dividend payments. Gold and Silver price...

Fed Fund rate change hits gold market

US employment data released on Friday, as well as an increase in the expected level of the Fed Funds Rate, has taken effect on the...

Hacked bitcoin platform Bitfinex face lawsuit

Crypto-currency exchange Bitfinex, who recently saw $72 million worth of Bitcoin stolen by hackers, risk being sued for its plan to spread the loss...

Chinese Copper purchases slide 14%, FTSE100 may suffer

This morning’s publication of China’s continued drop in both exports and imports in June has sparked worry over the country's industrial demand, which may...