Commodities/FX

Commodities/FX

GBP/USD dumps after weak UK GDP figures

The pound fell on Friday following the release of UK GDP figures pointing to a weaker expansion in the second quarter than initially thought. In...

GBP/USD fails to gain traction despite weak US jobs release

The cable rate failed to rebound on Friday despite a week of sharp gains and a miss in the headline Non-Farm payroll release. The US...

Oil hit by Greece, China

Brent Crude broke beneath $60 per barrel today as Greek and Chinese fears hit sentiment. Greece again was the source of investor woes and risk...
petra diamonds

De Beers signs 10 year agreement with Namibia

Anglo American subsidiary De Beers have announced a 10-year sales agreement with Namibia in order to “significantly increase” the quantity of rough diamonds made...

China’s surprise Yuan devaluation sees commodity currencies dive

The Aussie dollar fell almost 2 per cent against the USD after China’s surprise devaluation of the Yuan. Prior to the announcement the AUD/USD was...
phoenix

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...
weir group

Oil firms ahead of inventories

Oil prices are firmer before Crude Oil inventories that are expected to post the seventh consecutive weekly decline in stockpiles. The sharp sell off earlier...
gold centamin

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...
oil

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...

Oil: up or down in 2016?

The price of oil has held steady after falling 3 percent post-Christmas, with the outlook for 2016 looking bleak for the sector. US Crude is...