The ECB brings an opportunity to the EUR traders
The European central bank will conduct its press conference on January 24 at 15:30 MT time.
Macau gambling profits edge up 16.3% in April
Profits at the world's number one casino hub of Macau went up 16.3% in April because fresh resorts helped to draw high rollers as well as casual gamblers to the country's only legal casino hub.
By the way, in April, gambling profits in the southern Chinese territory generally demonstrated a positive trend. As a result, revenues reached up to 20.2 billion patacas or $2.52 billion. That’s what government data revealed on Monday.
Meanwhile, financial experts were actually hoped for 13-17% surge.
As a matter of fact, Chinese President Xi Jinping's campaign versus open demonstrations of wealth and luxury by public officials in 2014 gave an extremely tough effect – precisely as expected it had awfully dried up the stream of VIP spenders from the mainland of China.
However, financial experts are still cautious as for the sustainability of profits, although they have called a bottom to Macau's over two-year decrease.
Similar
American home sales reach three-year minimum
In December, American home sales slipped to their lowest value for three years…
UK pay surge reaches fresh 10-year maximum as employment jumps
UK employees’ pay surge reached another 10-year maximum and employment rallied by much more than anticipated for the three months to the end of November due to the fact that the UK labor market was still firm notwithstanding other signs of an economic…
Latest news
Forex today: easing geopolitical tensions
Safe havens such as gold and Japanese yen declined as investors sentiment was boosted by eased geopolitical tensions…
Common currency ascends ahead of euro zone data
On Tuesday, the euro tacked on because market participants waited for reports on inflation and growth in the euro zone, while the Japanese yen went down after Japan’s major bank told it would be more flexible in its huge stimulus program…
Greenback edges down
On Tuesday, the evergreen buck dived because the common currency bounced off and the UK pound managed to ascend to the day’s maximums reacting to reports that British Prime Minister Theresa May is going to take control of Brexit talks…
Deposit with your local payment systems
