Forex News

Key information updates for profitable trading

Asian equities are underpinned by metals and crude
Asian equities are underpinned by metals and crude

On Wednesday, a surge in commodities prices to multi-year maximums pushed resource-linked equities as well as currencies higher in Asia because bullish views on Chinese demand backed copper, while supply worries underpinned crude…

Gold rallies to 3-week maximum
Gold rallies to 3-week maximum

On Tuesday, gold reached a three-week maximum, while the greenback demonstrated little movement because trading volumes were believed to remain suppressed during the holiday season…

Japan’s PM Abe urges companies to lift wages by 3% or even more
Japan’s PM Abe urges companies to lift wages by 3% or even more

On Tuesday, Japanese Prime Minister Shinzo Abe urged companies to have wages lifted by 3% or even more in 2018, thus keeping up pressure on companies to spend their enormous cash pile on wages for the purpose of broadening the benefits of his "Abenomics"…

Asia markets underperform
Asia markets underperform

On Tuesday, Chinese and Taiwan equities underperformed because due to Boxing Day some regional markets were unavailable, while others faced their first action of the week after Christmas…

Shanghai will restrict its population to 25 million
Shanghai will restrict its population to 25 million

China's financial hub of Shanghai is on the verge of restricting its population to about 25 million  by 2035 as part of an attempt to handle a so-called "big city disease", as the cabinet has told…

Greenback is intact in light trade
Greenback is intact in light trade

On Tuesday, the evergreen buck stood still in holiday-thinned trade, neglecting positive Japanese economic data because most investors have already closed their books for 2017…

Bitcoin shows Christmas dive
Bitcoin shows Christmas dive

The price of the popular cryptocurrency bitcoin was heading south on Christmas morning because it faced the aftermath of its greatest volatile period…

Tighter North Korea fuel restrictions won’t affect regime
Tighter North Korea fuel restrictions won’t affect regime

The United Nation’s fresh sanctions on North Korea will probably hurt ordinary North Koreans in the isolated country rather than suppress Kim Jong-Un’s ability to develop missiles with nuclear warheads capable of reaching America…

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