Commodities/FX

Commodities/FX

Euro pares losses

The Euro has pared its losses and filled the gap formed against the dollar on the open following the announcement of the Greek referendum. 'It...

Oil prices drop after rumours of deal with Iran

Oil prices dropped this morning after news that Iran is reportedly on the brink of reaching a deal with six world powers that would end...
coinsilium

Price of Bitcoin hits all-time high

The world's best known cryptocurrency Bitcoin smashed its previous record on Thursday, soaring above $5,000 for the first time. Bitcoin traded at $5,186 in morning trade,...

Anglo American to sell iron unit after unprecedented yearly loss

Mining giant Anglo American has been hit by falling commodity prices, seeing a pre-tax loss of $5.5 billion for 2015. This was double the amount...

Central Rand Gold falls

Central Rand Gold fell 23.17% due to a delay in the completion of an agreement for its sale. The company had targeted a completion date...

Iron ore continues push higher

Iron ore has continued to rally amid reports over lower Chinese stockpiles. Iron ore for immediate delivery in the port of Tianjin rose for...

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...

EUR/USD falls on Merkel comments

EUR/USD has seen further declines today, breaking through the 23.6% Fibonacci level. The incessant uncertainty surrounding Greece is hitting sentiment across the Eurozone pushing...

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...
oil

Oil prices jump over 2pc as Russia and Saudi extend cuts

Oil prices jumped over 2 percent on Monday, after Saudi Arabian and Russian oil ministers confirmed their intention to extend supply cuts into 2018. The...