Tag - geopolitics

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

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

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

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

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…

Wall Street is braced for a low start

On Monday, Wall Street pointed to a steep dive at the open because the trade conflict between China and America took a steep turn for the worse…

Evergreen buck reaches fresh 4-month peak

On Monday, the evergreen buck reached a four-month maximum versus the Chinese yuan, although it was lower against the Japanese yen as well as Swiss franc due to the fact that the escalating trade conflict between China and America backed bids for…

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