tag US economic data

Oil jumps on OPEC deal; bond rout resumes

EghtesadOnline: Oil jumped on Wednesday as OPEC members clinched a deal to cut production, while upbeat U.S. economic data and comments from the U.S. Treasury Secretary nominee triggered a selloff in the bond market.
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Publish Date:30/November/2016 | 20:13

Dollar soars to highest in more than 13 years on Fed hike view

EghtesadOnline: The dollar surged to a more than 13-year peak on Wednesday, bolstered by upbeat U.S. economic data that showed the economy on track for steady growth and reinforced expectations of interest rate increases by the Federal Reserve next month and in 2017.
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Publish Date:23/November/2016 | 15:40