European shares sink ahead of EZ inflation data
On Friday, European shares headed south, as traders were eyeing the publication of euro zone inflation data, after a downbeat reading in Germany on Thursday…
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Gold edges down on stronger greenback
On Friday, gold moved lower because the week’s positive American data kept boosting optimism over the strength of the US economy and to back demand for the American currency…
British pound slumps after mixed UK data
On Friday, the British pound decreased against the American dollar, following the publication of dismal British economic growth data as well as a more upbeat report on the country’s current account…
Greenback leaps, on track for weekly revenues
On Friday, the evergreen buck added during Asian trading, heading for weekly profits after solid American economic data contrasted with figures demonstrating euro zone inflation cooling…
Yen stands still as busy regional data flow noted
On Friday, the Japanese yen stood still after early revenues, following mixed data on jobs, household spending as well as prices with China manufacturing output coming in on the upside…
BOJ's Iwata tells there’s no need to purchase US Treasury debt
On Thursday, Bank of Japan Deputy Governor Kikuo Iwata told that there is no need to purchase American Treasury debt now…
Aussie and Kiwi drop vs. stronger US dollar
On Thursday, the Australian and New Zealand dollars tumbled against their US rival, as the major American currency remained backed by the issue of positive American data earlier in the week…
China’s banks try to stay liquid
As Chinese banks are set for a rigorous quarterly inspection of their books by the country’s major financial institution, the ructions in money markets as well as an explosion in inter-bank borrowing demonstrate how addicted they’re to risky methods of…
Asian shares are mixed as Brexit generates caution
On Thursday, Asian stocks were narrowly mixed, with market sentiment downbeat over the probable hard slog ahead for Great Britain to abandon the European Union…
Sterling drops briefly in Asia
On Thursday, the British pound found itself in negative territory in Asia briefly, as traders noted Great Britain faces a hard road to keep business links in place in talks to abandon from the EU, which were formally initiated overnight…
Crude prices edge down in Asia after early profits
On Thursday, crude reversed course and dipped in Asia, as market participants moved on from a lower than expected build in American crude stocks as well as a supply disruption in Libya and waited for the latest weekly rig count data from America for…
Greenback goes up in Asia
On Thursday, the evergreen buck gained some ground on the Japanese yen in Asia, as market talk grows that the BOJ has eyed recent strength as unwarranted while the British pound grew a bit as formal start of Brexit overnight hasn’t roiled the major…
