Author: Yonny Zohar

Forexpros – Construction sector activity in the U.K. slowed in May, with growth momentum easing further from the near-two year high seen in March, industry data showed on Wednesday.In a report, market research firm Markit...

Forexpros – European stock markets were sharply higher on Wednesday, as investors eyed the European Central Bank’s policy meeting later in the day, with hopes it will lead to further stimulus measures.During European...

Forexpros – Gold futures were higher during European morning trade on Wednesday, trading close to a key resistance level as market participants entered the market ahead of a policy-setting meeting by the European Central...

Forexpros – Industrial production in Spain tumbled significantly in April, declining for the eighth consecutive month and adding to concerns over the country’s deteriorating financial situation, official data showed...

Forexpros – Asian stocks rose on Wednesday, buoyed by better-than-expected service-sector data out of the U.S., while commitments from Group of Seven policymakers to find ways to firewall and extinguish the European debt...

Forexpros – Australia’s gross domestic product rose more-than-expected in the last quarter, official data showed on Wednesday.In a report, Australian Bureau of Statistics said that Australia’s GDP rose to a...

Forexpros – Crude oil futures rose in Asian trading Wednesday on news U.S. supplies have been running a little tight over the past few days.On the New York Mercantile Exchange, light, sweet crude futures for delivery in...

Forexpros – U.S. stocks closed higher Tuesday, on positive ISM numbers despite concerns over the debt crisis in the euro zone continuing to dampen market sentiment. At the close of U.S. trade, the Dow Jones Industrial...