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Stephen Crabb withdraws from UK Conservative leadership race

Stephen Crabb, UK  Secretary of State for Work and Pensions, has withdrawn from the Tory (Conservative) leadership race and is backing Theresa May, who now seems the more likely candidate to succeed David Cameron.

US Factory orders: Manufacturing activity still declining but at a slower rate - Wells Fargo

According to analysts from Wells Fargo, today’s report on factory orders is consistent with weak spending in equipment and shows that manufacturing...
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USD/CAD extends gains and rises to test 1.3000

USD/CAD rose further during the American session moving closer to the 1.3000 area. The Canadian dollar dropped across the board during the last two...
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