Aussie and Kiwi head south vs. broadly stronger US dollar
On Wednesday, the Australian and New Zealand dollars slumped because hopes for another US rate hike in December gave broad support to the US currency…
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Asian equities soar ahead of American tax plan
On Wednesday, Asian equities rallied because market participants actually hoped for progress on key tax reform in the US, while the evergreen buck hovered close to one-month maximums on ascending hopes for an American interest rate leap in December…
China's August industrial revenue surge accelerates as commodity prices leap
In August, annual revenues at China's industrial companies inched up 24%, speeding up from last previous month, thus proving that economic surge remains in good heart notwithstanding signs of receding momentum following a firm first half…
Brent climbs up, hovering over 26-month maximum amid supply concerns
On Wednesday, Brent crude prices ascended just to sit not far off 26-month maximums reached in the previous trading session amid fresh threats from Turkey that it could reduce crude exports from Iraq's Kurdistan region…
Gold slides in Asia as American tax cut clues awaited
On Wednesday, gold declined in Asia because market participants took positions ahead of an anticipated roll-out of the Trump administration's initiative for tax cuts…
Greenback adds in Asia as US tax cuts eyed
On Wednesday, the major US currency leapt versus the Japanese yen with the focus on the probable unveiling of ambitious plans for American tax cuts later in the day…
European markets start lower
On Tuesday, European markets started lower because fresh tensions between North Korea and American put pressure on market sentiment and traders were still digesting the consequences of Sunday's parliamentary elections in Germany…
Australian equities dive at close of trade
On Tuesday, Australian equities dipped after the close because losses in the Consumer Discretionary, IT as well as Healthcare sectors put pressure on stocks…
Kiwi slumps on dismal NZ data, Aussie stands still
On Tuesday, the New Zealand dollar declined versus its American rivals, while the Australian dollar was intact after the publication of dismal New Zealand business confidence data and following fresh geopolitical worries…
American apartment vacancy rate soars moderately in the third quarter
The US apartment vacancy rate tacked on marginally during the third quarter versus the second…
Asian equities sink, yen strengthens as Korean tensions rise
On Tuesday, Asian stocks dipped and the Japanese yen strengthened versus the backdrop of ascending tensions on the Korean Peninsula…
Crude extends revenues
On Tuesday, crude prices extended profits, with Brent crude reaching a 26-month maximum, underpinned by Turkey's threat to reduce oil flows from Iraq's Kurdistan region to other countries…
