Forex News

Key information updates for profitable trading

European chipmakers go down due to iPhone demand scare
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…

Asian equities are underpinned by metals and crude
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…

Gold rallies to 3-week maximum
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
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"…

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