Kiwi dips following NZ data
On Monday, the New Zealand dollar tumbled versus its US rival, after inflation expectations in New Zealand decreased for the last quarter…
Forex News
Key information updates for profitable trading
Asian equities tack on
On Monday, Asian equities leapt, taking their cue from Wall Street…
Crude dips as ascending output weighs
On Monday, oil descended, though still staying close to nine-week maximums, backed by sturdy American jobs data the previous week as well as a moderate sag in the American drill rig count, even as soaring output from OPEC tamed oil markets…
Aussie earns further in Asia
On Monday, the Australian dollar ascended further in Asia, and the evergreen buck kept an edge on the Japanese yen with construction data for July backing views in Australia as well as decent FX reserves in Japan seen…
British consumer spending faces the longest dip since 2013
In July, British consumer spending went down for the third month in a row, proceeding with its longest losing streak in more than four years, as Monday’s data states…
Greece will set up development bank to finance infrastructure projects
Greece is on the verge of setting up a development bank to finance startups, infrastructure projects, small businesses as well as export oriented companies, as the government's economic policy council informed on Friday…
Soar in industry orders suggests German industry will gain steam
In June, German industrial orders went up twice as much as expected because a soar in domestic demand compensated weaker foreign appetite, as Friday’s data showed, hinting this sector of the EU’s largest economy will manage to gain traction in the nearer…
European equities go down suppressed by Swiss Re
On Friday, European stocks edged down in early deals because market participants focused on a bunch of mixed company outcomes with insurance company Swiss Re affected after missing revenue estimates…
Greenback sticks to 15-month minimums ahead of NFP report
On Friday, the evergreen buck was sticking to 15-month minimums versus other key currencies because last session’s dismal American service sector data kept weighing and traders waited for the publication of a major American employment report…
Strong American jobs gains are observed in July
In July, American employers managed to keep a sturdy tempo of hiring, while lifting wages for employees…
Crude sags on high OPEC supplies and ascending US production
On Friday, crude markets tumbled, with American crude still staying below $50 per barrel, weighed by ascending output from the USA and OPEC members…
Gold slides in Asia ahead of American nonfarm payrolls
On Friday, gold decreased in Asia, with nonfarm payrolls ahead expected to set greenback direction considered significant for overseas buyers from key importers, including China and India…
