2018 will be underwhelming for UK economy
Britain's economy seems set for a totally underwhelming 2018, as follows from a key poll unveiled on Wednesday…
Forex News
Key information updates for profitable trading
American job openings suddenly dive in November
In November, US job openings suddenly declined, as official data revealed on Tuesday…
Wall Street tacks on as tech equities dive
On Tuesday, Wall Street demonstrated mixed performance because technology shares dragged on markets…
German industrial output tacks on, indicating a healthy 2018
In November, industrial output and exports from Germany rallied more than anticipated, helping the authorities to lift its estimate of surge for the previous year and also indicating that its expansion would carry on in 2018…
Crude reaches its highest value since May 2015
On Tuesday, crude rallied further above $68 a barrel, hitting its highest value since May 2015, underpinned by OPEC-led output cuts as well as hopes that American crude inventories dived for an eighth week…
Gold retreats further from 3-1/2 month maximums
On Tuesday, gold dived, rebounding further from the previous week’s three-and-a-half month maximums because the evergreen buck strengthened versus the common currency and market participants kept betting on further rate lifts by the Fed in 2018…
Greenback keeps to 1-week maximums vs. counterparts
On Tuesday, the evergreen buck was hovering over one-week maximums versus other key currencies because hopes for approaching rate hikes by the Fed kept underpinning demand for the US currency…
Yen rallies after BOJ move
On Tuesday, the Japanese yen leapt after the BOJ reduced its purchasing of long-dated Japanese government bonds in its market operations, thus assisting to stoke speculation as for a future exit from its huge stimulus policy…
Aussie and Kiwi rise on positive Australian data
On Tuesday, the Australian and New Zealand dollars gained versus their US rival, following upbeat Australian data…
European markets show high start
On Monday, European markets started generally higher because market sentiment was still upbeat and German coalition negotiations were braced for dominating traders’ attention…
Asian equities move toward historic maximum
On Monday, Asian equities moved toward all-time maximum after Wall Street boasted its best opening to a new year in more a decade, with brisk economic surge as well as benign inflation driving risk appetites…
Greenback ascends, euro dives after soar
On Monday, the US currency gained versus a basket of the other key currencies after data disclosing that American job surge cooled in December didn’t manage to change hopes for further Fed rate lifts this year…
