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European stocks rose slightly on Monday after a decline in producer prices in China and the rise in oil prices, while investors looking to Washington for signs of new US stimulus. By 0712 GMT, the pan-European STOXX 600 index was up 0.3%, at the start of a week that could …

The US Treasury has imposed new sanctions on Hong Kong’s chief executive, Carrie Lam, along with 10 other officials. US Treasury Secretary Stephen Mnuchin said the sanctions target those undermining Hong Kong’s self-rule, including Governor Carrie Lam. Mnuchin stressed during his remarks that the United States stands with the people …

Last week, Japanese Prime Minister Shinzo Abe said that the government in Japan is working in various ways to avoid the trend to declare a state of emergency in the country again, in light of mounting concerns about the increasing number of Covid-19 cases in the country during the past …

The eurozone Sentix Investor Confidence gauge has risen from -18.2 to -13.4 points in August, beating expectations for -15.2 points as the old continent emerges from the COVID-19 crisis. The broad survey continues its uptrend from the lows seen in April when infections were at their peak. Nevertheless, it remains …

Open interest in Gold futures markets shrunk by almost 1.5K contracts according to preliminary figures from CME Group at the end of last week, reaching the third consecutive session with losses. On the other hand, volume reversed the previous drop and rose by around 97.3K contracts. Gold met resistance near …

FX option expiries for Aug 10 NY cut at 10:00 Eastern Time, via DTCC, can be found below. – EUR/USD: EUR amounts 1.1800 3.0bn – GBP/USD: GBP amounts         1.2900 353m  – USD/JPY: USD amounts          105.00 675m105.03 400m105.50 1.7bn107.05 400m – USD/CAD: USD amounts        

The yellow metal was dominant last week, as it recorded a rise of more than 3% or $ 61 to reach $ 2028 an ounce. The rise in gold came after increasing tensions between the United States and China besides the increase in Covid-19 cases, especially in the US. Oil …

The New York Stock Exchange (NYSE) showed a mixed performance on Friday as data showed a decline in new jobs created by the U.S. economy, amid an increase in the number of COVID-19 cases across many states. Meanwhile, the market anticipates a second stimulus package that is being negotiated in …

Oil prices fell on Friday, reducing its weekly gains, amid an increased uncertainty about economic recovery from the COVID-19 crisis and the subsequent recovery of the demand for crude oil. Brent crude futures settled lower by 69 cents or 1.5% at $44.40 per barrel, adding 2.5% for the week. Meanwhile, …

Gold prices declined on Friday after rising for five consecutive sessions, as the U.S. Dollar (USD) showed strong recovery signs with a strong performance against major currencies. The yellow metal futures for December delivery declined by $41.40 or about 2% and closed at $2,028 per ounce, narrowing its weekly gains …