In surprise move, Egypt’s CBE hikes key interest rates
The Central Bank of Egypt raised its key interest rates by 200 basis points on Sunday, citing stronger economic…
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Expectations
US crude settles at 4-week high of $50.33
Oil prices rose on Friday, posting a second week of gains on growing expectations that OPEC and other producing…
Dollar pressured by US political turmoil, strong eurozone data
The dollar nursed its losses on Wednesday after taking a hit from solid eurozone economic data, a fall in U.S.…
Gold rises for a fourth day as dollar eases on weak US data
Gold prices rose for a fourth day on Tuesday as the dollar eased on signs of slower economic activity in the…
Dollar starts week under shadow of underwhelming data, N. Korea
The dollar started the week on the defensive on Monday, after U.S. economic data came in shy of expectations…
Gold holds near 7-week low as safe-haven demand fades
Gold prices inched up on Tuesday, but remained near seven-week lows hit in the previous session as safe-haven…
Europe markets close higher; Pearson up 12%
European markets closed higher on Friday afternoon after a jobs report in the U.S. beat analysts' expectations.…
Most Asia markets lower as Fed sticks to hawkish bent, metal prices eyed
Asian markets were mostly lower on Thursday after the U.S. Federal Reserve 'stuck to a hawkish bent overnight…
Dollar drops against euro after weak US economic data
U.S. dollar edged lower against the euro and eased off a one-month high against the yen on Monday after weak U.S.…
Gold prices dip on French election while security tensions support
Gold prices fell on Tuesday as markets grew less concerned that far-right leader Marine Le Pen would win the French…
