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Soaring U.S. yields pushes dollar up for second day

The dollar climbed for a second consecutive day on Tuesday as a strong reading for U.S. manufacturing activity pushed bond yields higher, prompting investors to trim some of their extreme short bets against the greenback. More »

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ECB`s chief economist stands by pledge to keep policy easy: Il Sole

European Central Bank executive board member Peter Praet attends the 2016 Institute of International Finance (IIF) Spring Membership meeting in Madrid, Spain, May 25, 2016. REUTERS/Susana Vera The European Central Bank’s chief economist stood by the ECB’s pled... More »

Wall Street gains- oil`s rise fuels energy shares

A man stands next to an electronic board showing stock prices in Tokyo, Japan, August 18, 2016. REUTERS/Kim Kyung-Hoon Major U.S. stock indexes gained on Wednesday, boosted by financial shares amid encouraging economic data and by the energy sector as oil pric... More »