news

Aramco more resilient to oil slump than listed rivals: accounts

09.07.2018, 13:20

LONDON - Saudi Aramco is more resilient to oil price slumps than its biggest listed rivals, its 2016 accounts indicate, giving a rare insight into the state energy giant's finances ahead of a proposed flotation.

Gold / Silver / Copper Prices - Weekly Outlook: July 9 - 13

09.07.2018, 12:57

This week’s U.S. inflation report on Thursday will be in the spotlight as a strong reading could bolster the case for the Federal Reserve to stick to a gradual pace of rate hikes this year, which is typically bearish for gold.

Sterling slides after foreign minister Johnson resigns

09.07.2018, 12:23

LONDON - Sterling <GBP=D3> skidded lower on Monday after British foreign minister Boris Johnson resigned, with the pound falling versus the dollar and the euro.

Forex - Sterling Reverses Gains on Fresh Brexit Uncertainty

09.07.2018, 12:07

The pound reversed gains on Monday amid fresh Brexit uncertainty after Boris Johnson resigned as British foreign secretary, helping the dollar pull back from three-week lows.

Forex - Dollar Weaker, Pound Shrugs off Brexit Uncertainty

09.07.2018, 11:58

The dollar was trading at three week lows against a currency basket on Monday after the latest U.S. jobs report pointed to sluggish wage growth, while the pound shrugged off the shock resignation of UK Brexit secretary David Davis.