European stocks dip as Ericsson sags
On Tuesday, European shares went down reacting to dismal outcomes from blue chips Ericsson and Lufthansa…
Market News
Key information updates for profitable trading
British pound sheds day’s revenues as UK inflation dips
On Tuesday, the British pound declined to the day’s minimums, cutting early gains after data demonstrating that the annual rate of inflation in the UK edged down for the first time since October the previous month…
Oil steadies as rich supply meets sturdy demand
On Tuesday, crude markets steadied, underpinned by firm demand, though suppressed by high supplies from OPEC as well as producers in the United States…
China's property market goes down
In Beijing, in June, home property prices went down for the first time for more than two years, while Shanghai further dipped and Shenzhen stood still, pointing to considerable cooling in China's number one real estate markets, as official data unveiled…
Bank of England won’t tighten monetary policy this year
Above-target inflation can hardly make the Bank of England tighten monetary policy in 2017 or next year because Britain’s major financial institution is waiting to see if wage leaps catch up with price jumps and how divorce talks with the EU pan out, as…
Aussie rose on RBA meeting minutes
According to the minutes of the Reserve Bank of Australia’s July meeting, released today, the Australian economy was improving…
Asian markets slide as traders take a breather
On Tuesday, Asian markets took a breather, with traders taking profit across the region, following a recent ascend…
Gold keeps gaining ground on strong data
On Tuesday, gold kept gaining ground in Asia just a day after China posted strong second quarter GDP, retail sales and industrial output figures for June…
Greenback languishes at 10-month minimum
On Tuesday, the evergreen buck slumped to a 10-month minimum versus a basket of key currencies…
European stocks are boosted by Weir Group and Telenor
On Monday, European stocks ascended in early deals, although trading had thin volumes because a busy few weeks of earnings reports from key regional as well as American companies get underway…
Bitcoin and Ethereum leap as cryptocurrencies shrug off weekend dip
On Monday, prices of Bitcoin and Ethereum stopped their recent dip, rebounding after facing heavy losses over the weekend on the back of concerns over a cryptocurrency bubble…
Greenback nurses losses on flourishing carry trades
On Monday, the greenback nursed losses at a 10-month minimum versus a basket of currencies because market participants cheered positive Chinese data by simply piling into leveraged positions, including the Australian dollar as well as other high-yielding…
