Crude is near 2015 maximums on tight market
On Thursday, crude was steady with trading activity drying up on the eve of the New Year weekend…
Forex News
Key information updates for profitable trading
American equities struggle for direction
On Wednesday, American futures struggled for direction amid seasonally low trading volume…
Tax rebate for electric vehicles is extended by China
China is on the verge of extending a tax rebate on purchases of new-energy vehicles or NEV for short until the end of 2020…
Gold reaches fresh 4-week maximums on USD selling
On Wednesday, gold futures on Comex managed to extend its winning marathon into a fifth day…
European chipmakers go down due to iPhone demand scare
On Wednesday, European tech equities headed south because the region revived from a two-day trading holiday and market participants reacted digested reports that demand for Apple's iPhone X might be weaker than anticipated…
Greenback goes down on soaring commodity currencies
On Wednesday, the evergreen buck declined versus a basket of currencies and also dived against the common currency in thin holiday trade…
China’s industrial companies show the slowest surge for 7 months
In November, revenues at China's industrial companies ascended at their slowest tempo for seven months because demand as well as producer price leaps relieved in further confirmation of ebbing surge in the world's number two economy…
Asian equities are underpinned by metals and crude
On Wednesday, a surge in commodities prices to multi-year maximums pushed resource-linked equities as well as currencies higher in Asia because bullish views on Chinese demand backed copper, while supply worries underpinned crude…
Crude slips away from 2015 maximums
On Wednesday, oil slipped away from two-and-a-half year maximums reached the previous trading session…
Gold rallies to 3-week maximum
On Tuesday, gold reached a three-week maximum, while the greenback demonstrated little movement because trading volumes were believed to remain suppressed during the holiday season…
Japan’s PM Abe urges companies to lift wages by 3% or even more
On Tuesday, Japanese Prime Minister Shinzo Abe urged companies to have wages lifted by 3% or even more in 2018, thus keeping up pressure on companies to spend their enormous cash pile on wages for the purpose of broadening the benefits of his "Abenomics"…
South Korea December exports edge up underpinned by memory chips
In December, South Korea exports added for the first straight month, wrapping up 2017 with a positive tone because global demand for memory chips as well as petroleum goods from Asia's number three exporter continued…
