US dollar slides higher after posting largest weekly rise
The dollar strengthened after posting its biggest weekly rise in six weeks as traders abandoned their bearish expectations ahead of the
Williams: Inflation and employment numbers still far from the Fed's targets
4 May 2021 01:23 PM |John Williams, President of the Federal Reserve Bank of New York, said yesterday that while the US economy is likely to have a very strong year, there is still no imminent need
Oil surged amid optimism about global demand growth
4 May 2021 11:33 AM |Oil prices rose today, after the United States eased further lockdowns and the European Union sought to lure travelers
Oil continues to rally as markets confident about global demand recovery
28 Apr 2021 11:09 AM |Oil prices rose today, amid optimistic expectations of a recovery in global fuel demand, while the rapid spread of Coronavirus infections in India and the increase in US crude inventories
US durable goods orders rebounded in March
26 Apr 2021 03:19 PM |Long-term US durable goods orders rebounded in March after a weak performance the previous month, but a shortage of key supplies continues to hold back manufacturers as they
UK economy to grow at the fastest rate on record
26 Apr 2021 01:23 PM |Ernst & Young raised its UK economy growth forecast for 2021 from 5% to 6.8%, which is the fastest rate of growth since the official records began. UK GDP contracted by a record 9.9% last year
Credit Suisse boosts its capital in the wake of the Archegos crisis
22 Apr 2021 01:49 PM |Credit Suisse will raise more than $ 2 billion to bolster its capital base after it was hit by another US investment fund, Archegos. The demise of Archegos
The Canadian dollar rose strongly after BoC decisions
22 Apr 2021 11:13 AM |The Canadian dollar managed to record its biggest rise since June 2020 against its US counterpart yesterday, and the Canadian stock market rebounded,
Crude oil falls for the second day in a row as COVID-19 cases rise in India
21 Apr 2021 03:25 PM |Oil prices fell for a second day, influenced by fears that a rise in cases of Coronavirus in India would reduce fuel demand in the world's third largest oil importer.
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