News to trade on November 15
Do you want to know how Brexit news affected the GBP? What are the indicators to wait for today? How to trade the key currency levels on the current news?
Xi: China will keep opening its economy
China is on the verge of deepening economic as well as financial reforms and further opening its markets to foreign investors in an attempt to move from high-speed to high-quality surge, President Xi Jinping stressed on Wednesday.
China is going to push ahead with ambitious market-oriented reforms of its foreign exchange rate and also its financial system. The Asian country intends to let the market play a crucial role in the allocation of resources, as Xi told at the opening of a twice-a-decade Communist Party Congress.
The Chinese government is about to clean up practices and rules, which hinder a unified market as well as fair competition, back development of private firms and also stimulate vitality of any market entities, as Xi told, while promising to further open the country’s services sector to foreign investors.
Xi's comments repeated a long-standing promise by party leaders to delegate a greater role to free-market forces for the purpose of improving efficiency and putting the country’s economy on a more sustainable surge path.
Similar
American consumer inflation goes up
In October, American consumer prices managed to jump by the most for 9 months against the backdrop of profits in the cost of gasoline as well as rents, thus indicating steadily soaring inflation, which will probably keep the key US bank on track to have…
Another opportunity to trade the GBP
Great Britain will release the level of retail sales at 11:30 MT time on November 15.
Latest news
Forex today: easing geopolitical tensions
Safe havens such as gold and Japanese yen declined as investors sentiment was boosted by eased geopolitical tensions…
Common currency ascends ahead of euro zone data
On Tuesday, the euro tacked on because market participants waited for reports on inflation and growth in the euro zone, while the Japanese yen went down after Japan’s major bank told it would be more flexible in its huge stimulus program…
Greenback edges down
On Tuesday, the evergreen buck dived because the common currency bounced off and the UK pound managed to ascend to the day’s maximums reacting to reports that British Prime Minister Theresa May is going to take control of Brexit talks…
Deposit with your local payment systems
