Blogs

Oil futures edged higher on Tuesday afternoon in Asia after Saudi Arabia made an unexpected announcement that it would deepen production cuts in June

The Pound Sterling edged lower against its US rival, a repercussion of higher yields on US Treasuries which helped boost demand for the greenback.

The European Central Bank's Executive Board member, Isabel Schnabel said on Monday that only the European Court of Justice has a saying regarding the actions of the ECB

Market updates for May 11: Markets remain optimistic as WTI crude oil stabilizes near $25.

Non-farm payroll reports showed that the U.S. unemployment rate hit 14.7 percent in April,

At the beginning of this week’s trading, despite the gloomy US job numbers, the price of the EUR/USD currency pair fell back to the 1.0800 psychological support area ​​again

After the markets absorbed the US jobs numbers for April, which were announced last Friday, the markets will monitor the reaction from the announcement of inflation figures

The GBP/USD currency pair failed again to correct upwards, as the pair tumbled in the beginning of this week's trading to the 1.2282 support

The return of the US dollar strength after the markets absorbed the jobs report results for the month of April, which carried a lot of alarming numbers

South African companies started to implement wage cuts to preserve dwindling cash piles due to the nationwide lockdown in response to the Covid-19 outbreak.