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…
Tag - geopolitics
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…
Asian stocks head south to three-and-a-half month minimum
On Tuesday, another US-China tariff conflict escalation put pressure on Asian stocks, although remarks from American leader that he expects trade talks to be successful backed market sentiment…
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…
European stocks decline in the face of trade tensions
On Thursday, European stocks headed south broadly due to the fact market participants had risky assets shunned, while willing to see whether China and America manage to dodge a trade conflict that would damage the world economy…
Evergreen buck keeps to six-week minimum vs yen
On Thursday, the evergreen buck kept to a six-week minimum against the Japanese yen due to the fact that risk aversion gripped broader financial markets against the backdrop of worries that the US-China trade war could escalate…
Wall Street shows mixed performance
On Wednesday, American shares fluctuated between profits and losses because traders digested a mixed flow of reports, ahead of a crucial round of negotiations between China and America…
Yellow metal rallies against the backdrop of risk aversion
On Wednesday, the yellow metal managed to extend gains for the fourth consecutive day, while other metals are going down…
Wall Street is braced for lower start on trade jitters
On Tuesday, Wall Street was braced for starting lower because renewed fears over a prolonged trade conflict China and America put pressure on investor sentiment…
European stocks stand still
On Tuesday, European stocks fluctuated between minor gains and losses in the face of a flurry of deal making as well as earnings as traders cautiously monitored developments around US-China trade negotiations…
Gold heads south
On Tuesday, the yellow metal slumped in Asia due to the fact stocks revived having dived yesterday on American leader’s threat to increase levies on Chinese goods…
