Forexpros – Service sector activity in the U.S. declined unexpectedly in November, slumping to the lowest level since January 2010, industry data showed on Monday.In a report, the Institute of Supply Management said its...
Read MoreForexpros – U.S. stocks were sharply higher on Monday, as Franco-German talks on a plan for stricter euro zone budget discipline added to hopes for progress in tackling the region’s sovereign debt crisis.During early...
Read MoreForexpros – U.S. factory orders declined more-than-expected in October, falling for the second consecutive month official data showed on Monday. In a report, the U.S. Census Bureau said factory orders declined by a...
Read MoreForexpros – Crude oil futures rallied to a two-week high on Monday, trading above USD102-a-barrel as growing geopolitical tensions between Iran and the West continued to fuel concerns over a disruption to supplies from the...
Read MoreForexpros – The U.S. dollar was lower against its Canadian counterpart on Monday, as hopes of progress in dealing with the debt crisis in the euro zone boosted demand for riskier assets.USD/CAD hit 1.0140 during early U.S....
Read MoreForexpros – The euro was higher against the yen on Monday, as new hopes of progress in tackling the sovereign debt crisis in the euro zone ahead of a Franco-German meeting in Paris boosted demand for the single...
Read MoreForexpros – Coffee futures advanced on Monday, as adverse weather conditions in top growers Brazil and Colombia underlined concerns over declining global coffee supplies.On the ICE Futures Exchange, Arabica coffee for...
Read MoreForexpros – The U.S. dollar remained modestly lower against its major counterparts on Monday, as market sentiment was buoyed by hopes for progress on stemming the euro zone’s debt crisis ahead of a key European Union...
Read MoreForexpros – European stock markets extended gains on Monday, as French and German leaders were to resume talks on a European fiscal plan ahead of this week’s key economic summit.During European afternoon trade, the...
Read MoreForexpros – The pound held gains against the U.S. dollar on Monday, supported by better-than-expected U.K. service sector data while investors remained hopeful for an agreement to contain the euro zone’s debt crisis...
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