Forex Market and Trading News

02.11.2017 09:55 European equities keep to two-year maximums before BoE decision

On Thursday, European stocks kept to two-year maximums, with trading muted as market participants battened down the hatches ahead of the BoE’s policy gathering…

02.11.2017 09:02 China will reduce consumer product tariffs and lift financing to spur imports

China is on the verge of lowering tariffs and stepping up bank financing just to back more imports as the Asian country's huge trade surplus has rather a negative impact on its citizens, as commerce ministry officials unveiled on Thursday…

02.11.2017 08:05 Asian equities ascend on Fed optimism

On Thursday, Asian equities hit a 10-year maximum after the Fed expressed optimism as for the American economy, thus cementing the case for a year-end rate lift because market participants waited for the formal nomination of the next Fed Chair…

02.11.2017 07:53 US NFP

The release of the US nonfarm payrolls is a great attraction for Forex traders…

02.11.2017 07:22 Bank of England’s Meeting & Press Conference

Meetings of the Bank of England always represent a strong driver of the British pound…

02.11.2017 07:20 Crude is steady as American crude inventories decline notwithstanding soaring output

On Thursday, crude prices didn’t change because American crude inventories sank notwithstanding a leap in output, while outside America an OPEC-led supply cut kept tightening the market…

02.11.2017 06:51 Gold edges up in Asia on Fed views

On Thursday, in Asia, gold tacked on, with Fed view on interest rates seen supportive in addition to a weaker greenback in the short term, although market participants tell Friday's nonfarm payroll data is going to be decisive for direction in the nearer…

02.11.2017 05:58 Greenback slides in Asia as GBP/USD, EUR/USD earn on probable next Fed Chair

On Thursday, the evergreen buck went down in Asia, while the common currency, pound and yen managed to gain firmly because confident Fed language on policy next year was mixed with hopes that Jay Powell will become the next Fed Chair, thus keeping policy…

02.11.2017 05:35 Australia’s approvals to build new homes edge up

In Australia, approvals to build new homes headed north to a seven-month maximum in September…

01.11.2017 11:27 Sterling reaches day’s maximums on British factory data

On Wednesday, the British pound rallied to the day’s maximums after data disclosing that the British manufacturing sector edged up at a faster than anticipated tempo in October, thus driving the outlook for fourth quarter ascend…

01.11.2017 10:47 European stocks start higher

On Wednesday, European markets started higher because market participants focused on a fresh batch of corporate earnings reports and the Fed’s monthly policy verdict due later in the day…