Gold rallies in Asia on renewed North Korea tensions
On Tuesday, gold soared in Asia, with risk increased because Donald Trump accused North Korea of being a state sponsor of terrorism…
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Aussie heads south in Asia
On Tuesday, the Australian dollar went down in Asia because the country’s major bank minutes illustrated rather a dismal picture for wage inflation…
Asian equities leap as Wall Street regains ground
On Tuesday, Asian equities jumped after Wall Street managed to regain lost ground overnight amid quite subdued trade ahead of the Thanksgiving holiday…
Crude stands still as leaping American output undermines OPEC cuts
On Tuesday, crude was nearly intact because the impact from hopes for an extended OPEC-led output cut was neutralized by ascending oil output in America…
Greenback is intact as German political deadlock pressures common currency
On Tuesday, the evergreen buck gave back some of its revenues in Asia trade, although remained not far from a one-week maximum versus a basket of major currencies because German political uncertainty kept pressuring the common currency…
Australia's economy is seen ascending at moderate pace
Australia's economy is supposed to grow at a moderate pace because poor wage surge is putting pressure on consumption, thus keeping the necessity for simulative monetary as well as fiscal policies, as the International Monetary Fund informed on Monday…
Australian equities dive at close of trade
On Monday, Australian shares lost after the close due to the fact losses in the Utilities, Consumer Discretionary as well as Financials sectors suppressed stocks…
Great Britain injects billions into promising 'industries just to ward off Brexit shocks
On Monday, Prime Minister Theresa May officially announced up to 4 billion pounds of spending on research and development as well as regional growth strategies, setting out ambitious plans to help the UK economy to surge after Brexit…
Asian equities dive as weakness in China markets affects mood
On Monday, Asian stocks declined, with market sentiment affected by a retreat on Wall Street as well as dipping Chinese shares, while the common currency skidded after German coalition negotiations hit an impasse…
Japan's export surge indicates economic recovery will continue in the fourth quarter
In October, Japan's export surge was steady, hinting that brisk global demand for Japanese cars as well as electronics will probably carry its economic revival into the current quarter…
Gold sags in Asia as risk trade relives
On Monday, gold edged down in Asia because risk trade relieved and market participants waited for more insight on American tax cut plans as well as related Fed policy…
Crude goes down in Asia as Middle East risk premium relieves
On Monday, crude sank in Asia because the market shrugged off a risk premium built around Middle East tensions between Iran and Arab states even as Saudi Arabia at the weekend criticized Tehran once again for backing terrorism…
