Forex News

Key information updates for profitable trading

Prices for oil rise
Prices for oil rise

 The price for WTI has risen to its highest levels since the beginning of May.

Italian budget fears suppress stocks
Italian budget fears suppress stocks

On Wednesday, Italian stocks led losses in the European Union right after the country's deputy prime minister told that Rome considers breaking EU fiscal rules, thus masking early revenue powered by optimism around the US-China trade conflict…

China's retail sales surge dives to 16-year minimum
China's retail sales surge dives to 16-year minimum

On Wednesday, China posted shockingly weaker surge in retail sales as well as industrial output for April, thus increasing pressure on the Chinese cabinet to roll out more stimulus because the trade conflict with America escalates…

Evergreen buck goes up
Evergreen buck goes up

On Wednesday, the evergreen buck jumped, backed by comments from senior Fed officials playing down the probability of interest rate cuts, and also by a fresh round of safe-haven buying on geopolitical tensions…

Chinese Yuan is intact
Chinese Yuan is intact

On Wednesday, the Chinese yuan and the evergreen buck were nearly intact in Asia because market participants waited for further news on the China-US trade front…

American import prices rally a bit
American import prices rally a bit

In April, American import prices surged less than anticipated in April due to the fact that jumps in the cost of food and petroleum were tamed by the largest tumble in the price of capital goods for a decade, dropping a hint at the fact that inflation…

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