GBP/USD goes down steeply to 1.2870
On Monday, the GBP/USD pair didn’t manage to sustain the revival above 1…
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Financials get EU stocks off to sturdy start
On Monday, European shares leapt, with leading banks and utilities, as acquisitions and mergers rumbled on with some broker notes also backing individual stock moves…
Sturdy German exports back trade surplus in May
In May, German exports inched up more strongly than expected, outpacing a solid soar in imports and also widening the trade surplus of the EU’s leading economy, as data disclosed on Monday…
Asian stocks rise as American jobs data beats forecasts
On Monday, Asian stocks soared, underpinned by Wall Street's strong performance on Friday…
Greenback stands tall after sturdy American jobs underpin Fed tightening plans
On Monday, the US currency was on solid footing after a bigger-than-expected soar in American jobs suggested the Fed would stick with its tightening plans for the rest of 2017…
Crude shrugs off some losses
On Monday, crude prices managed to recover some losses after a 3% dip in the previous session, although markets are still under pressure from high drilling activity in America as well as ample supplies from producer club OPEC…
Gold heads north in Asia with China CPI ahead
On Monday, gold headed north in Asia with China prices as well as remarks from the Fed Chair later this week to set the overall tone on the greenback…
Greenback soars ahead of NFP report
On Friday, the evergreen buck soared versus other key currencies, reviving from the previous session’s losses because traders wait for the highly-anticipated American employment report due later in the day for further clues on the strength of the US job…
American job surge seen accelerating
In June, American employers increased hiring and lifted wages for employees…
Asian stocks decrease after US stocks dip overnight
On Friday, Asian stocks were softer in early trade, reacting to a weaker close overnight, while global bond yields inched up…
China central bank adviser: bitcoin can’t be a currency just an asset
Virtual currencies like bitcoin appear to be assets, although bitcoin in itself doesn’t feature the fundamental attributes required to be a currency, which could meet today’s economic development needs, as a Chinese key bank adviser , Sheng Songcheng…
Gold slides in Asia as greenback rebounds from overnight
On Friday, gold decreased because the greenback rebounded and market participants looked ahead to more data on American inflation…
