Forex Diamond

Japan data – services PPI (May) 0.7% y/y (vs. expected 0.7%)

The focus is on the Bank of Japan 'Summary of Opinions' of...

Italy to bail out two more banks after ECB warning

Italy’s government will be bailing out Banca Popolare di Vicenza and Veneto Banca at a cost of EUR 5.2 billion. The banks' "good" assets will be taken...

U.S. Oil Producers Won’t Stop Drilling: Baker Hughes Rig Count Up 11

Commodity prices have faltered, yet U.S. oil and natural gas producers continue to bolster drilling activity, adding eight more rigs over the course of the past week to...

PBOC sets the Yuan reference rate at 6.8220

PBOC sets the Yuan reference rate at 6.8220 Source link

attempting to reestablish upward momentum?

AUD/USD is currently trading at 0.7568 with a high of 0.7573 and a low of 0.7562. AUD/USD has been consolidated between 0.7560/80 within a reversal of the...

Fed speak: the tone softens

Analysts at ANZ explained that on Friday, Bullard and Mester rounded out a week of eight Fed speakers. Key Quotes: "Following a hawkish Dudley on Monday, the...

NZD/JPY: see gains thus limited to the 83 area

Analysts at Westpac gave an analysis for NZD/JPY. Key Quotes: "Global risk sentiment remains elevated, supporting the NZD and hurting the safe-haven yen. There is scope for...

Here Are the Best Energy Stocks to Buy Even if Oil Plunges to $20

In a perfect world, a nine-month production cut by the Organization of the Petroleum Exporting Countries would indicate the oil industry is heading for a turnaround, but...

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Brazil President Michel Temer charged with corruption

Ricardo Botelho | Brazil Photo Press...

Energy Transfer’s Pipeline Spill Problem Is Causing It Another Headache

After blitzing through Ohio's wetlands, Energy Transfer Equity (ETE)  is once again facing a problem of its own making: pipeline construction delays. ...