Forex Market and Trading News

11.01.2018 08:21 Oil drifts away from three-year maximums on signs of overheated market

On Thursday, crude drifted away from three-year maximums on signs that a 13-percent soar since early December might have run its course…

11.01.2018 07:17 Gold sags in Asia as BOJ and PBOC are eyed

On Thursday, gold dived a bit because market participants debated the prospect of China steeply reducing purchases of American Treasuries and whether the BOJ is braced for inching forward on a way out of its hawkish monetary policy…

10.01.2018 14:41 Australian retail sales

Do you trade during the Asian session? Then the release of Australian retail sales for November at 02:30 MT time on January 11 will represent an excellent trading opportunity for you…

10.01.2018 11:21 British manufacturing output soars more than anticipated in November

In November, manufacturing output in Great Britain rallied more than anticipated, driving optimism over the UK economy, as official data disclosed on Wednesday…

10.01.2018 10:45 Greenback reaches 6-week minimums vs. yen

On Wednesday, the evergreen buck extended losses versus the Japanese yen after the Bank of Japan reduced the size of its bond purchases in the previous session, spurring rumors that it could start scaling back its monetary stimulus later in 2018…

10.01.2018 10:22 Australian equities decline at close of trade

On Wednesday, Australian shares slumped after the close because losses in the Gold, A-REITs as well as Industrials sectors suppressed stocks…

10.01.2018 09:45 China demonstrates the slowest factory inflation for 13 months

In December 2017, China's producer prices tacked on at their slowest pace for 13 months because the government's strict measures against winter smog affected factory demand for raw materials, hinting that the world's number two economy has started…

10.01.2018 09:18 Crude hits the highest value since 2014

On Wednesday, crude reached their highest value since 2014 because of everlasting output cuts led by OPEC and healthy demand…

10.01.2018 08:05 Asian equities step back from 2007 maximum

On Wednesday, Asian stocks stepped back from testing their 2007 record maximum because traders booked profits in high-tech equities, while crude hit three-year maximums because of output cuts and a sag in inventories…

10.01.2018 07:33 Gold dives in Asia on China consumer prices

On Wednesday, gold sank in Asia because the previous month weaker than anticipated consumer inflation in China affected views on global inflation soaring more than expected this year…