Market News

This month’s announcement of the monthly U.S. Non-Farm Employment Payrolls change came in almost exactly in line with the market’s expectations, with 211,000 new jobs announced compared to the expected number of 200,000.

President Mario Draghi’s decision to bring the ECB’s deposit rate to a record low of minus 0.3 percent sent the euro higher Thursday.

The Bank of Canada left its key overnight lending rate at 0.50 per cent on Wednesday, stating that the domestic economy has been expanding as expected despite low oil prices and other pressures.

The 2015 United Nations Climate Change Conference is well into the middle of its first week of meetings in Le Bourget, a commune in the northeastern suburbs of Paris.

Ahead of a looming ECB meeting, Euro investors are nearly certain that the outcome will further devalue the common currency.

A Fed interest rate hike is back in focus with some analysts questioning if a Fed Chair Janet Yellen will introduce the move before the end of the year.

The Reserve Bank of Australia (RBA) said it is keeping interest rates unchanged at 2 percent.

The Pound Sterling took a hard hit which brought the GBP/USD pair to below $1.50, a fresh 7-month trough.

Almost a year has passed since oil prices began their sharp descent and almost nothing has changed since then. Despite its detrimental effect on global revenues, Saudi Arabia, Opec’s leading oil producer, is standing firm on its production target and is expected to announce at its Friday meeting that it will maintain its current level of production.

Gold dropped almost two percent to a near six-year low on Friday, marking a sixth straight weekly decline under pressure from a firm U.S. dollar and prospects of a U.S. interest rate rise in December.

Asian markets slid in afternoon trading on Friday as reports from Japan and China kept investor confidence down.

Asian markets were up overnight Thursday on expectations of a tightening of U.S. economic policy and prospects of new European stimulus moves.

The US Dollar Index is slowly recovering from its earlier retreat amid risk aversion in a trading week shortened by the American Thanksgiving holiday.

Turkey downed a Russian fighter jet on Tuesday after it strayed into Turkish airspace on the edge of Syria. Though the bond and currency markets didn't have much initial reaction this event, there was a notable reaction in the oil markets starting on Tuesday when U.S. crude prices rose more than 2.5 percent, testing low $40 levels.

Oil prices surprised analysts by inching up Tuesday on concerns about continued global tensions.