Bullish bets on Chinese Yuan reach their maximum since December
Market participants increased their long positions in most Asian currencies versus two weeks ago…
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AUD/USD overleaps 0.8000
The currency pair AUD/USD managed to extend its break above 0…
Asian stocks reach 2007 maximum
On Thursday, in Asia bonds, equities and commodities were all on a roll because bulls saw a sort of softening in the US major bank’s confidence on inflation, which pledged to keep American interest rates low for longer, which some had expected…
Crude prices hover close to eight-week maximums on lower US stocks
On Thursday, crude prices were sitting below 8-week maximums, underpinned by hopes that a steeper-than-expected sag in American crude inventories will diminish global oversupply…
British economic surge adds in the second-quarter
The UK economy gathered just a little speed during the second quarter after nearly stalling at the beginning of the year, underpinned by the services sector as well as a flourishing film industry, as official figures disclosed on Wednesday…
British pound moderately slumps after lackluster UK GDP data
On Wednesday, the British pound moderately dipped versus the evergreen buck after data disclosed that British economic surge managed to pick up modestly during the second quarter of 2017, with the service sector powering surge…
European equities start higher
On Wednesday, European equities started higher underpinned by revenues in the energy sector caused by a soar in crude prices…
Gold goes down as traders wait for prompts from Fed
On Wednesday, gold inched down in European trade because market players looked ahead to the result of the Fed’s policy meeting…
Asian equities are intact as traders wait for Fed clues
On Wednesday, Asian equities didn’t change and the greenback held firm because traders awaited the Fed’s highly anticipated policy verdict later in the day for more prompts on its tightening plans…
Crude prices are firm on upbeat mood over sagging stocks
On Wednesday, crude prices firmed to keep to eight-week maximums reached in the previous trading session, on hopes of a drawdown in American stocks and a leap in shale crude output demonstrating signs of slowing…
Greenback fluctuates above 13-month minimum ahead of Fed verdict
On Wednesday, the American currency fluctuated above a 13-month minimum versus a basket of key currencies because market participants waited for the Fed’s policy statement for further clues on the timing of another monetary tightening…
Australian dollar drops on dismal Q2 CPI figures
On Wednesday, the Australian dollar dived in Asia as consumer prices for the second quarter ruined hopes, with the Federal Reserve expected to unveil its views on rates soon to set the overall tone…
