Gold inches up on equities; EU summit eyedGold tracked equities higher on Monday after falling more than 3 per cent last week, but gains could be limited by a steady US dollar and worries about deflation which could sap investors' interest in the precious metal. Inflation fears ha More… |
Euro sinks to 21-month low as Greek exit fears riseThe euro plunged to a 21-month low against the dollar on Wednesday as investors dumped the currency on growing fears of a Greek euro zone exit and widespread doubts about the outcome of an EU summit later in the day. The euro fell to $1.26 More… |
Brent steady above $109 ahead of EU summitBrent crude was steady above $109 on Thursday, after a sharp fall in the previous session, as the market stayed cautious ahead of a summit to deal with Europe's sovereign debt crisis. The market is also looki More… |
Greece loan talks on, EU delays summitGreece said it concluded talks with international lenders over a vital aid payment on Monday after Germany and France gave investors hope by promising a plan to recapitalise Europe's banks soon. Chancellor Angela Merkel and President Nico More… |