37th straight current account surplus for July is reported by Japan
Japan reported a 37th consecutive monthly current account surplus for July, according to a Reuters survey on Friday…
Forex News
Key information updates for profitable trading
Greenback is pressured by mediocre American data as jobs report awaited
On Friday, the evergreen buck stayed off this week's minimums in cautious trade because market participants waited for major monthly American employment data after other poor economic data cast doubts on whether the US major bank will lift interest rates…
Crude goes down as flooding from Harvey affects US crude industry
On Friday, American crude futures declined in Asia trade, partly reversing steep revenues from the previous trading session, amid everlasting turmoil in the crude industry with almost a quarter of American refining capacity offline…
Gold gains in Asia as China Caixin PMI goes up
On Friday, gold surged in Asia because a positive reading on manufacturing in China backed market sentiment regionally that world's number two economy was still on track…
Euro zone inflation soars more than expected before ECB meeting
In August, euro zone inflation edged up more than expected, as official data disclosed on Thursday…
Carrefour dip rattles retail equities as Europe extends revenues
On Thursday, Europe's equities extended their relief bounce, although were unlikely to dodge a third straight month of dips as they entered the last trading day of a weird turbulent August, while a revenue warning from Carrefour weighed on the retail…
Greenback is intact versus rivals ahead of fresh American data
On Thursday, the evergreen buck stood still versus the other key currencies because traders monitored a fresh batch of American economic news later in the day, right after Wednesday’s firm economic surge and employment data spurred demand for the US…
China funds spur equity allocations
For the next three months Chinese fund managers increased their suggested equity exposure because key indexes pierced major resistance, while market sentiment gained on further indications of an expanding Chinese economy, as a monthly Reuters survey…
In August China factory surge suddenly speeds up in further global boost
In August, surge in China's manufacturing sector suddenly accelerated, hinting that the world's number two economy keeps expanding at a healthy clip notwithstanding ascending financing costs as well as a cooling housing market…
Asian equities are mixed with China down notwithstanding sold manufacturing PMI
On Thursday, Asian shares were quite mixed, with a firm manufacturing PMI from China dipping to lift Shanghai or Hong Kong, although other financial markets managed to gain on local data sets…
Oil is narrowly mixed in Asia as China manufacturing PMI ensures support
On Thursday, oil was narrowly mixed in Asia because market sentiment was backed regionally by China's official manufacturing PMI…
Gold slides in Asia as regional data backs surge views
On Thursday, gold went down in Asia, with a bunch of regional data backing market sentiment as well as a focus shifting to the expected battle just to get a tax cut passed in America, which would likely have a knock-on effect on the Fed’s policy if…
