China March industrial revenue surges 23.8% on property
In March revenues earned by China's industrial companies grew 23…
Forex News
Key information updates for profitable trading
BOJ doesn’t change its policy
On Thursday, the Bank of Japan kept monetary policy intact and also offered a more positive view of the national economy than the previous month, indicating its confidence that a pick-up in overseas demand will assist to sustain an export-driven revival…
Asian stocks retreat from peaks on doubts over Trump tax plan
On Thursday, Asian stocks eased from a near two-year peak as a long-awaited American tax cut plan didn’t manage to inspire market participants, although sentiment remained underpinned by global surge prospects as well as receding worries as for political…
Yen goes down
On Thursday, the Japanese yen held weaker in Asia after the BOJ held steady just as expected and the White House hinted it won’t move to break up with the North American Free Trade Agreement as earlier reported, thus sending the Canadian and Mexican…
Gold rebounds in Asia after recent drops
On Thursday, gold rebounded moderately in Asia because market participants came in after a recent steep sag following the French election outcome…
Crude prices sag on lingering oversupply worries
On Thursday, crude prices dived, weighed down by a general sentiment of globally bloated financial markets, although market participants told that prices seemed to have gained support around current levels…
Greenback clings to revenues after Trump tax plan disappointment
On Thursday, the evergreen buck clung to revenues versus the Japanese yen after Donald Trump's tax plan provided no fresh surprises, thus halting the greenback's soar, while the market waited for the ECB’s upcoming monetary policy verdict…
Australian stocks go up at close of trade
On Wednesday, Australian stocks grew after the close, as revenues in the Financials, IT as well as Healthcare sectors brought stocks up…
Chinese banks miss out on American investment banking bonanza
As scores of investment bankers’ revenue from the fee bonanza offered by Chinese companies looking for deals in America, one group’s conspicuously absent…
Aussie heads south
On Wednesday, the Australian dollar dipped in Asia because consumer prices data came in a tad weaker than expected…
Asian shares go up as traders eye Trump tax details
On Wednesday, Asian stocks managed to gain because expectations that Donald Trump would disclose an ambitious tax cutting initiative backed market sentiment, although traders told there was caution as Trump hasn’t yet tasted legislative success on his…
Gold edges down in Asia
On Wednesday, gold sagged moderately in Asia with no new support triggers in regional tensions on the Korean peninsula as well as caution ahead of tax plan details expected from America later in the day that when approved by Congress could potentially…
