Tag - trade wars

Australian dollar goes down on dismal GDP data
Australian dollar goes down on dismal GDP data

On Wednesday, the Australian dollar tumbled in Asia after data revealed that the country’s economy managed to expand less than anticipated for the three months through September…

Asian equities tack on
Asian equities tack on

On Monday, Asian equities gained after Chinese and American leaders brokered a truce in their trade clash…

China posts the weakest factory surge for over two years
China posts the weakest factory surge for over two years

In November, surge in the Chinese manufacturing sector stood still for the first time for two years due to the fact that new orders speeded down, putting pressure on China ahead of key trade negotiations between leaders Xi Jinping as well as Donald Trump…

China's industrial profits speed down for sixth month
China's industrial profits speed down for sixth month

In October, profit surge at China's industrial companies speeded down for a sixth month in a row due to the fact that factory prices along with the tempo of sales increases decreased against the backdrop of strengthening uncertainties stemming from the…

Yuan goes up
Yuan goes up

On Tuesday, the major Chinese currency managed to head north versus the evergreen buck after a report that American Treasury Secretary Steven Mnuchin had proceeded with negotiations with China Vice Premier Liu He…

Evergreen buck is nearly 10-week peak
Evergreen buck is nearly 10-week peak

On Tuesday, the American dollar rallied to a 10-week peak versus a currency basket because escalating trade clashes drove fears of a deceleration in global economic surge, powering safe haven demand…

Asian equities surge
Asian equities surge

On Friday, Asian equities found a bit firmer footing, setting course for their first profits for two weeks, although the rout resumed in Shanghai where equities reached minimums last observed in 2014…

Greenback is intact ahead of Fed gathering
Greenback is intact ahead of Fed gathering

On Wednesday, the evergreen buck stood still due to the fact financial markets waited for the conclusion of the Fed’s latest gathering, while the New Zealand dollar rallied versus the evergreen buck on a better-than-anticipated business confidence report…

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