Tag - geopolitics

Australian dollar tacks on
Australian dollar tacks on

On Tuesday, the Australian dollar steeply ascended after Australia’s major financial institution held rates at a record minimum, dashing speculation it might ease policy in response to a below-par outcome of inflation…

Gold concludes up
Gold concludes up

On Monday, the yellow metal concluding up, giving up earlier losses due to the fact that market participants reacted to a dive in stocks after US leader ruined perceived progress on trade negotiations by threatening to lift levies soon on China…

Tariff threats affect Chinese Yuan
Tariff threats affect Chinese Yuan

On Monday, Donald Trump’s fresh threats to lift levies on Chinese exports sent ripples through financial markets, thus affecting risk sentiment and backing safe-haven assets…

European stocks rally backed by banks
European stocks rally backed by banks

On Friday, European stocks managed to surge, underpinned by profits among financial institutions as well as Germany's Adidas, just a day after the regional index faced its worst loss for six weeks…

Asia factory activity bottoms out
Asia factory activity bottoms out

In April, factory activity partly recovered, although still staying on shaky ground due to the fact that global demand was still subdued because China's stimulus measures were yet to demonstrate their full pulling power…

New Zealand dollar is affected by jobs data
New Zealand dollar is affected by jobs data

On Wednesday, the New Zealand dollar headed south following dismal jobs data,which  heightened expectations that interest rates would be decreased, as traders awaited the end of the Fed’s two-day policy gathering…

Evergreen buck goes down for the third day
Evergreen buck goes down for the third day

On Tuesday, the evergreen buck went down versus key counterparts, slumping for a third day in a row because signs of decelerating inflation cemented market hopes that the Fed will have its rates cut in 2019…

Yellow metal recovers win streak
Yellow metal recovers win streak

On Tuesday, gold futures managed to gain, demonstrating the fourth winning day for the last five trading sessions because the evergreen buck slumped and a degree of uncertainty crept into stock markets, still keeping to record peaks…

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