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European Central Bank President Mario Draghi finally gave global markets something to cheer about earlier today when he announced the ECB lowered its benchmark interest rate to 0.5 percent from 0.75...
The euro steadied just below Wednesday's two week high ahead of the European Central Bank's meeting.The currency traded at $1.3162 on Thursday morning as investors waited for bank President Mario...
Brent crude oil slipped towards $100 on Wednesday after concern about waning oil demand in both China and the US intensified. The commodity steadied at $100.22 at 8:31 GMT on Thursday morning.On...
Futures Higher On Central BanksU.S. equity futures rose slightly in early pre-market trade following the FOMC saying that it is prepared to increase or decrease asset purchases depending on the state...
The U.S. stock market was hit hard on Wednesday as investors reacted to a report which showed slowing employment conditions for the month of April. The losses were also likely amplified by profit...
With the European Central Bank's monthly meeting just a day away, the euro ticked up on rate cut expectations. The common currency neared a two week high on Wednesday and traded at $1.3191. The euro...
A cloudy global economic future coupled with rising supply caused Brent crude oil to begin May on shaky ground as the commodity weakened on the first of the month. Brent fell to $101.52 at 9:44 GMT on...
Futures Higher Ahead of Key Economic Data, EarningsU.S. equity futures rose in early pre-market trade ahead of key earnings and economic data. The FOMC rate decision and policy statement is due out...
The U.S. stock market was resilient again on Tuesday. Stocks traded lower in early trade, before rising throughout the rest of the day to finish near session highs. Gains for the Dow and S&P were...
The euro improved on Tuesday morning following positive news that Italy had finally formed a government in the wake of February's inconclusive elections which left the nation without leadership.The...
On the final day in April, Brent crude oil looks poised for the largest monthly decline in almost a year. The commodity has been under heavy pressure this month as weak economic data from the world's...
Futures Flat on Mixed Economic DataU.S. equity futures traded little changed in early pre-market trade following mixed global economic data. Mixed data out of Japan was followed by a flood of data out...
The S&P 500 traded into record high territory on Monday as the markets started the week off on a strong note. A rally in U.S. stocks was sparked in part by better than expected consumer spending...
The euro traded at $1.30 on Monday morning as the eurozone headed into the week facing several pressures.Growing speculation about the European Central Bank's meeting, scheduled for Thursday, is...
After falling more than six percent in April, Brent crude oil sagged on Monday and lost some ground as it slipped below $103 on worries about the global economic outlook. The commodity fell to $102.64...
Futures Rise on Stimulus Hopes Despite Weak GDPU.S. equity futures rose in early pre-market trade following gains in Europe on hopes of a rate cut from the European Central Bank this Thursday as...
Last week was another fine one for U.S. stocks as the broader market fought off an array of data points that can only be considered mixed at best to again close higher. With last week's 1.4 percent...