Australian dollar holds revenues in Asia after China industrial output soars
On Wednesday, the Australian dollar held slight revenues in Asia, after China posted better than expected industrial output…
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Canadian dollar soars, reacting to hawkish major bank comments
On Tuesday, the Canadian dollar went up to its highest level in almost two months, buoyed by hawkish comments from Canada's major financial institution, while worries regarding UK political uncertainty suppressed the British pound…
Fed is braced for lifting interest rates
The Fed’s widely expected to have its benchmark interest rate lifted already this week because of a tightening labor market…
Asian stocks are mixed with Tokyo down on weakening yen
On Tuesday, Asian stocks were quite mixed, with Tokyo giving up some revenues on a weakening yen…
American Treasury discloses financial reforms
On Monday, the US Treasury Department disclosed a sweeping plan on Monday to radically alter the country's financial regulatory framework…
Greenback steadies ahead of major bank meetings
On Tuesday, the evergreen buck stood still versus a basket of currencies, with the focus on the Fed’s two-day gathering, while the Canadian dollar managed to grow after Canada’s major financial institution suggested interest rates could leap sooner than…
Crude soars on Saudi promise to make real supply cuts
On Tuesday, crude prices added, underpinned by statements that OPEC-leader Saudi Arabia was making considerable supply drops to customers, though ascending American output meant financial markets were still well supplied…
Gold heads south in early Asia
On Tuesday, gold traded weaker in early Asia, with focus on the Fed as well as demand prospects for the number one precious metal as the major bank is geared up to normalizing monetary policy…
Australian dollar edges up in Asia ahead of NAB
On Tuesday, the Australian dollar tacked on in Asia, with a business poll ahead supposed to set the tone along with later data from China on money supply…
Bitcoin keeps rising as bulls run wild
On Monday, Bitcoin reached the $3,000-level for the first time, while Ethereum managed to leap to another all-time peak because a monster soar keeps advancing amid bullish sentiment around the future of the cryptocurrencies…
Tech tumble gives EU stocks the Monday blues
On Monday, a huge slump in Apple suppliers as well as other tech shares affected EU stocks in opening deals, thus more than compensating well-received election outcomes Italy and France…
Asian stocks are suppressed by US tech slide
On Monday, Asian stocks went down, with electronics heavyweights, including Samsung Electronics suppressed by a dip in American tech stocks as well as caution ahead of this week's Fed policy meeting…
