Currencies

U.S. Stock Market
Commodities

Futures are suggesting the markets could build on yesterday’s bounce.  Futures are up ahead of the open with S&P fair value at +13.00 and NASDAQ fair value at +21.80.

Breaking News - China Rate Decision
Commodities

Breaking News China and England Rate Decisions

Today's Key Economic Data
Commodities

Today the economic calendar is jammed packed with key market moving data, that will have traders watching closely.

USD Index Searches for Support- JPY Losses to Soften the Blow
Currencies

  The greenback is markedly weaker at the close of North American trade with the Dow Jones FXCM Dollar Index (Ticker: USDOLLAR) off by 0.67% on the session after moving a full 135% of its daily average true range. The losses come on the back of a stellar performance in equity markets with a rebound in risk appetite fueling a broad-based rally in stocks amid speculation that the ECB will

Breaking News - Federal Reserve Vice-Chair Yellen
Commodities

Breaking News Federal Reserve Vice-Chair Yellen, said today the Federal Reserve has room to provide further accommodation and highlighted that there are substantial risks to the U.S. economic outlook.

Mario Draghi, President of the ECB Statement
Commodities

Based on our regular economic and monetary analyses, we decided to keep the key ECB interest rates unchanged. While inflation rates are likely to stay above 2% for the remainder of 2012, over the policy-relevant horizon we expect price developments to remain in line with price stability. Consistent with this picture, the underlying pace of monetary expansion remains subdued. Inflation expectations for the euro area economy continue to be firmly anchored in line with our aim of maintaining inflation rates below, but close to, 2% over the medium term

European Investor Confidence Falls to 3-Year Low
Currencies

European investors’ optimism for the Eurozone has reached a 3-year low according to a Sentix survey. The Sentix investor confidence for June came in at -28.9, the lowest score since May 2009, but still better than analysts’ expectations for a -30.0 survey result. Back in March of this year, the survey reached a six month high at -8.2, before the survey results declined for the next four straight months.

Gold Bars
Commodities

Gold was sharply higher at the close of trade this week with the precious metal surging 3.87% to close at $1622.75 in New York. The rally marks the largest single week advance since the week ending January 27th when prices soared by more than 4.4% as it approached the $1740 level