Oil pares losses, gold loses ground
[ad_1] Oil prices are steady Both Brent crude and WTI were caught up in recession fears overnight, plummeting by four dollars a barrel at one stage in panicked New York…
Dow Jones, US Dollar, Euro, Japanese Yen, Crude Oil, Inflation, ECB, BoJ
[ad_1] Global financial markets came under pressure last week as recession fears permeated market sentiment, dragging on stock indexes, commodities, and risk-sensitive currencies. The closely-watched 10-Year/2-Year yield spread—a so-called recession…
New Zealand dollar shrugs off softs Mfg. PMI
[ad_1] NZ Manufacturing PMI contracts The New Zealand dollar has edged higher on Friday. The currency yawned as New Zealand’s Manufacturing PMI fell into contraction territory in June, for the…
AUD/USD Rate Rebound Susceptible to Preset Path for RBA Policy
[ad_1] Australian Dollar Talking Points AUD/USD trades to a fresh yearly low (0.6681) in July as a growing number of Federal Reserve officials show a greater willingness to implement a…
Euro eyes US retail sales
[ad_1] The euro continues to trade close to the parity line, after breaking below this symbolic level during the week. It marked the first time that EUR/USD fell below parity…