Investors cautious ahead of U.S. Jobs data
Non-farm payrolls shake up markets, here are the top 3 scenarios of what could happen.
Post-Brexit vote surge for UK stocks may be reaching its limit as sterling jumps
18 May 2017 02:58 PM |By CNBC : Britain's benchmark stock index has soared by over a fifth since the post-Brexit referendum low it reached in late June, yet some believe the stunning momentum is soon set to fade.
The rally has been largely driven by the plummeting British pound since the Brexit vote which had fallen by as much as 19 percent against the U.S. dollar by its mid-January nadir and currently hovers around 12 percent lower. With around 70 percent of the index's constituents earning a significant portion of their income overseas, company results have been flattered by the tailwind accompanying the translation of these earnings back into the weakened sterling.
Trump storm hits stocks again but dollar steadies
18 May 2017 02:24 PM |By Reuters : Swirling uncertainty over U.S. President Donald Trump's political future saw world stocks extend their steepest fall in over six months on Thursday, though there were signs of stabilization elsewhere as the dollar and gold steadied.
Asia falls as White House turmoil spoils risk sentiment, dollar bruised
18 May 2017 11:35 AM |By Reuters : Asian stocks fell on Thursday and the dollar was stuck near six-month lows against a basket of currencies as uncertainty mounted over U.S. President Donald Trump's future following reports that he tried to interfere with a federal investigation.
In America's largest oilfield, whir of activity confounds OPEC
17 May 2017 06:01 PM |Increased US oil production is unsettling OPEC's plans to limit supply.
Concerns over Trump dent stocks, dollar
17 May 2017 05:51 PM |Concern over Trump added to disappointing U.S. economic data on Wednesday to hit the dollar and stocks.
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Oil turns positive as market awaits EIA data
17 May 2017 05:43 PM |Oil prices strengthened on Wednesday ahead of U.S. crude inventory data.
Wall Street investors have been missing out on profit opportunities for this reason
17 May 2017 05:31 PM |An investment adviser points to growing opportunities in emerging markets despite rising political tensions.
Reuters: Oil rises on expectations of extended supply curbs
7 May 2017 12:00 AM |Oil prices extended gains on Tuesday after top producers Saudi Arabia, Russia and Kuwait supported prolonging supply cuts until the end of March 2018 in a bid to drain a global glut.
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