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…
Tag - geopolitics
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…
Evergreen buck is intact ahead of major data
On Friday, the evergreen buck stood still in Asia as financial markets wait for the upcoming non-farm payroll as well as job data for April…
Yellow metal inches down on potential trade agreement
On Thursday, gold headed south, just a day after the major US bank stood pat on monetary policy and also hinted that interest rates would probably stand still for a longer period…
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
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…
China intends to roll back curbs on private share placements
China is on the verge of rolling back curbs on private share placements by businesses with the aim of improving their access to funding within the initiative to reduce strains on the country’s businesses and the domestic economy…
South Korean exports head south for the fifth month
In April, South Korea's exports shrank less than in March, although demonstrating the fifth consecutive diving month, with memory chip shipments decreasing by 13…
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
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…
American stock futures stand still
On Tuesday, American stock index futures were quite muted, just a day after the S&P 500 as well as Nasdaq set intraday peaks, with traders going through the latest pack of earnings and also dismal data from China…
Pay attention to the GBP
The bank of England will publish its monetary policy summary and make the announcement of the interest rate on May 2 at 14:00 MT time.
