Forex News

Key information updates for profitable trading

German business morale suddenly clouds before election
German business morale suddenly clouds before election

German business confidence tumbled suddenly several weeks before Sunday's federal election, as a poll revealed on Monday, hinting that a consumption-led rise in Europe's number one economy could lose momentum in the nearer months…

European equities are on back foot
European equities are on back foot

On Monday, European equities slumped because market participants took a cautious view of the approaching coalition tussle in Germany, reacting to elections in which Chancellor Angela Merkel managed to grasp a fourth term, although ended up seeing her…

Outlook for wage ascend in UK cools
Outlook for wage ascend in UK cools

Hopes for higher wage surge across the United Kingdom are going down, except from in several sectors of the labor market, which suffer from acute skill shortages, as a report issued on Monday by recruitment company Hays states…

Euro and Kiwi slide on political uncertainties
Euro and Kiwi slide on political uncertainties

On Monday, the common currency lost after German Chancellor Angela Merkel managed to win a fourth term, although stumbled on a fractured parliament as support for the far-right grew…

S&P downgrades China as credit surge is still too fast
S&P downgrades China as credit surge is still too fast

China's vigorous attempts to tame risks from its fast buildup in debt aren’t working as rapidly as expected and credit surge is still excessively fast, as S&P Global Ratings told on Friday, just a day after it dared to have the Asian country's sovereign…

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