Live Economic News

Canada: The Industrial Product Price Index (IPPI) rose 0.8% in March
The Industrial Product Price Index rose 0.8% in March, mainly due to higher prices for motorized and recreational vehicles and primary non-ferrous met...

EUR/USD retreats from high after US GDP report
The EUR/USD pair once again failed to break through the 1.0950 important hurdle and has now retreated back to 1.0910 region post US GDP report. Spot ...

GBP/USD retraces back towards 1.29 post-US data
After rising to a fresh seven-month high at 1.2955, the GBP/USD pair went into a consolidation phase and stayed in a narrow range until the release of...

AUD/USD drifts back closer to yesterday’s 3-1/2 month lows
The AUD/USD pair failed to build on early recovery move and has now slipped into negative territory for the fourth consecutive session. Spot ran thro...

Russian OilMin Novak: Will define position on extension of oil output cut by May 24 - Reuters
Russia's energy minister Novak crossed the wires, via Reuters, stating that they would define their position on the extension of oil output cut by May...

WTI gains traction above $49.00, Baker Hughes eyed
After testing highs near $49.80, prices for the barrel of West Texas Intermediate have now returned to the $49.35/30 band. WTI up on OPEC rumours, oi...

US stocks mixed during opening trade, Nasdaq hits fresh record highs
Major US equity indices witnessed a mixed opening on the last trading day of the week as investors digested dismal US GDP print, showing the slowest p...

US: Consumer sentiment eases to 97 in final (Apr) reading - UoM
Consumer sentiment continued to travel along the high plateau established following Trump's election, with only minor deviations from its five-month a...

US Dollar trims losses, gearing up for 99.00
After bottoming out in the 99.60 region, the US Dollar Index (DXY) has regained some buying interest and it is now flirting with the 99.00 handle. US...

USD/CHF pares daily losses as USD strengthens on data
The USD/CHF pair started a recovery move during the first trading hours of the American session as the PCE data came in above expectations and gained ...

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Risk Warning: Our products are traded on margin and carry a high level of risk and it is possible to lose all your capital. These products may not be suitable for everyone and you should ensure that you understand the risks involved.