Australian dollar slides after key bank holds steady as expected
On Tuesday, the Australian dollar went down in Asia after the latest review of interest rates was intact at a record minimum…
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Gold rallies in Asia ahead of American holiday
On Tuesday, gold rallied in Asia before a public holiday in America with thin trading expected…
Asian stocks move up
On Tuesday, Asian stocks inched up due to strength in Europe and America, as crude’s longest stretch of daily revenues for five years powered energy stocks, while markets in Seoul were affected by a North Korean missile launch…
Greenback steadies after data-driven soar
On Tuesday, the evergreen buck stabilized after soaring on positive American data, which brought Treasury yields to seven-week peaks, while the focus shifted to the Reserve Bank of Australia's policy verdict to see if it would join a surging list of key…
China's fresh Yuan factor comes into play when national currency drops
Since China changed how it actually calculates the Yuan's guidance rate, traders have discovered that this factor is lopsided and also operates mostly to ongoing Yuan depreciation…
European stocks start third quarter with sturdy revenues
On Monday, European stocks started the fresh quarter with firm profits and Asian stocks kept to two-year profits, while the US dollar leapt from nine-month minimums as American Treasury yields reached their highest value since mid-May…
Asia manufacturing soars in June, but momentum slows into second half
In June, manufacturing activity in Asia's tech producing economies extended, backed by surging global demand for electronics products, although headwinds in external markets could suggest a moderation in surge during the second half of 2017…
Crude prices soar on first dip in American drilling in months
On Monday, crude jumped, underpinned by the first sag in American drilling activity in months, though revenues were capped by reports of soaring OPEC output the previous month even as the group has promised to minimize supply…
Gold sinks in Asia after sudden positive Caixin June PMI
On Monday, gold dived in Asia, following a sudden positive reading in the China Caixin PMI for June…
China Caixin PMI tips suddenly back into expansion
In June, Caixin's China manufacturing PMI surpassed expectations, giving hope that the world's number two economy continues defying fears of a slowdown…
Greenback drifts away from minimums, while still wobbly as hawkish key banks help peers
On Monday, the evergreen dollar drifted away from a nine-month minimum versus a basket of major currencies, though remained quite shaky as signs that major banks in the EU were moving away from accommodative monetary policies kept the common currency and…
Aussie goes down after initial profit on China Caixin PMI
On Monday, the Australian dollar gave up its initial revenues in Asia, reacting to a better-than-expected Caixin PMI report from China…
